Wynn Resorts Announces Executive and Director Changes

TL;DR

Wynn Resorts shakes up leadership and compensation - big changes coming?

AI Summary

On November 27, 2024, Wynn Resorts, Limited filed an 8-K report detailing changes in its executive and director positions. The filing indicates a departure of directors or certain officers, the election of new directors, and appointments of certain officers, along with updates to compensatory arrangements for these individuals.

Why It Matters

Changes in key leadership and their compensation can signal shifts in company strategy, governance, or financial priorities, potentially impacting investor confidence and stock performance.

Risk Assessment

Risk Level: medium — Executive and director changes, especially if numerous or involving key roles, can introduce uncertainty about future strategy and performance.

Key Players & Entities

• Wynn Resorts, Limited (company) — Registrant
• November 27, 2024 (date) — Date of report

FAQ

From the Filing

0001174922-24-000168.txt : 20241127 0001174922-24-000168.hdr.sgml : 20241127 20241127160619 ACCESSION NUMBER: 0001174922-24-000168 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241127 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241127 DATE AS OF CHANGE: 20241127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WYNN RESORTS LTD CENTRAL INDEX KEY: 0001174922 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 460484987 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50028 FILM NUMBER: 241511061 BUSINESS ADDRESS: STREET 1: 3131 LAS VEGAS BOULEVARD SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 7027707555 MAIL ADDRESS: STREET 1: 3131 LAS VEGAS BOULEVARD SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89109 8-K 1 wynn-20241127.htm 8-K wynn-20241127 0001174922 false 0001174922 2024-11-27 2024-11-27 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 27, 2024   WYNN RESORTS, LIMITED (Exact name of registrant as specified in its charter)   Nevada 000-50028 46-0484987 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 3131 Las Vegas Boulevard South Las Vegas, Nevada 89109 (Address of principal executive offices) (Zip Code)                                  ( 702 ) 770-7555 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 WYNN Nasdaq Global Select Market Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. In connection with the previously announced retirement of Ellen Whittemore, Executive Vice President, General Counsel and Secretary of Wynn Resorts, Limited (the “Company”), Ms. Whittemore will transition to the role of Executive Vice President of the Company, effective as of December 1, 2024. Ms. Whittemore will remain Executive Vice President of the Company until her retir