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US – Wynn names Phil Satre as Chairman of the Board

By - 8 novembre 2018

Wynn Resorts announced that its Board of Directors have unanimously voted Philip Satre Chairman of the Board.

Mr. Satre, an independent director who joined the Board in August 2018 as Vice Chairman, succeeds D. Boone Wayson who is retiring from the Board.

Mr. Wayson said: “We have ushered in a new era at Wynn Resorts, and I am proud of all the hard work the Board, our CEO Matt Maddox and the management team have done to improve the Company’s culture and corporate governance, while maintaining focus on shareholder value. Phil has transitioned seamlessly onto the Board, and the time is now right for me to retire. It has been an honour serving this great company, and I know its future is bright.”

Mr. Satre said: “I am honored to be named Chairman of the newly refreshed Wynn Resorts Board and look forward to continuing to support the Company’s transformation for the benefit of its shareholders and all of its stakeholders.”

Matt Maddox, CEO di Wynn Resorts, ha dichiarato: “Apprezziamo il contributo di Boone alla nostra azienda sin dal suo inizio e per la sua leadership, che è stata cruciale per mantenere la stabilità in Wynn Resorts nel 2018. È stato determinante nel guidare iniziative chiave e nel nostro recente consiglio di amministrazione processo di ristoro. Sono lieto di avere un direttore del calibro di Phil che succederà a Boone e aiuterà Wynn Resorts a consolidare la sua posizione di principale sviluppatore e operatore di resort di lusso nel mondo”.

Il consiglio di Wynn Resorts è ora composto da 10 direttori, sei dei quali sono entrati a far parte del consiglio nel 2018 e quattro sono donne.

Mr. Satre is president of the National Center for Responsible Gaming. He has decades of leadership roles in the gaming industry, including as Chairman and CEO of Harrah’s Entertainment, Inc. He has also served as Chairman of the Board of International Game Technology PLC, Nordstrom, Inc., and NV Energy, Inc. and has served as a director of Tabcorp Holdings Ltd. and Rite Aid Corporation. He has received numerous accolades, including election to the American Gaming Association’s Hall of Fame.

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