Wynn Resorts Appoints New CEO, Billings Takes Helm
Ticker: WYNN · Form: 8-K · Filed: Sep 27, 2024 · CIK: 1174922
| Field | Detail |
|---|---|
| Company | Wynn Resorts Ltd (WYNN) |
| Form Type | 8-K |
| Filed Date | Sep 27, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, leadership, appointment
Related Tickers: WYNN
TL;DR
Wynn Resorts just named Craig Billings the new CEO, effective immediately.
AI Summary
On September 26, 2024, Wynn Resorts, Limited announced the appointment of Craig Scott Billings as Chief Executive Officer and a member of the Board of Directors. This change is part of a broader executive transition, with Mr. Billings previously serving as President and Chief Financial Officer. The company also disclosed compensatory arrangements related to these executive changes.
Why It Matters
The appointment of a new CEO can signal a shift in company strategy and leadership, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Executive leadership changes can introduce uncertainty and potential shifts in strategy, which may affect the company's future performance.
Key Players & Entities
- Wynn Resorts, Limited (company) — Registrant
- Craig Scott Billings (person) — Appointed CEO and Board Member
- September 26, 2024 (date) — Date of Report
FAQ
Who has been appointed as the new Chief Executive Officer of Wynn Resorts, Limited?
Craig Scott Billings has been appointed as the new Chief Executive Officer of Wynn Resorts, Limited.
When was this appointment effective?
The appointment was effective as of September 26, 2024.
In addition to CEO, what other role has Craig Scott Billings assumed?
Craig Scott Billings has also been appointed as a member of the Board of Directors.
What was Craig Scott Billings' previous role at Wynn Resorts?
Prior to his appointment as CEO, Craig Scott Billings served as President and Chief Financial Officer.
What type of information is disclosed regarding executive changes?
The filing discloses compensatory arrangements of certain officers in relation to the executive changes.
Filing Stats: 626 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-09-27 16:38:24
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 WYNN Nasdaq Global Select Market Chec
Filing Documents
- wynn-20240926.htm (8-K) — 31KB
- ex991-pressreleasedatedsep.htm (EX-99.1) — 5KB
- 0001174922-24-000146.txt ( ) — 159KB
- wynn-20240926.xsd (EX-101.SCH) — 2KB
- wynn-20240926_lab.xml (EX-101.LAB) — 21KB
- wynn-20240926_pre.xml (EX-101.PRE) — 12KB
- wynn-20240926_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On September 27, 2024, the Company issued a press release announcing Ms. Whittemore's retirement, a copy of which is furnished herewith as Exhibit 99.1 and incorporated herein by reference. The information furnished pursuant to this Item 7.01, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated September 27, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WYNN RESORTS, LIMITED Dated: September 27, 2024 By: /s/ Julie Cameron-Doe Julie Cameron-Doe Chief Financial Officer