Former Wynn Resorts Ltd. executive vice president and general counsel Kim Sinatra will receive a $1.8 million cash settlement as she leaves the company, the company reported Wednesday in a Securities and Exchange Commission filing.
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Wynn Resorts Ltd. has named CEO Matt Maddox and former Wall Street banker Richard Byrne to the board a day after the company announced it reached a truce with its largest shareholder, Elaine Wynn.
The committee — composed of independent directors — made its final presentation on its findings to the board August 3, the company said in a filing Monday with the Securities and Exchange Commission.
Longtime gaming executive Phil Satre has been named vice chairman of the Wynn Resorts board of directors and will become chairman next year, a move lauded by top shareholder and co-founder Elaine Wynn.
Elaine Wynn, the largest shareholder in Wynn Resorts, asked the company’s board to study whether outgoing General Counsel Kim Sinatra deserves a severance payment.
The chairwoman of a Wynn Resorts Ltd. committee investigating allegations of sexual harassment and misconduct against Steve Wynn said more than 100 people have been interviewed so far.
The Massachusetts Gaming Commission has agreed to remove Steve Wynn’s name from Wynn Resorts’ Boston gaming license after he proved he has no remaining ties to the company he founded.
Steve Wynn filed a lawsuit Thursday in Clark Country District Court against Jorgen Nielsen, one of two people to go on the record for the Jan. 26 Wall Street Journal article that alleged the casino mogul sexually harassed female employees for decades.
Steve Wynn has moved out of the elaborate Wynn Las Vegas villa duplex he occupied for more than a decade as the company he founded seeks to show Massachusetts regulators that it has completely cut ties with him.
Wynn Resorts Chief Executive Officer Matt Maddox has officially proposed removing the Wynn name from their company’s $2.5 billion Boston project.