Wynn Resorts Announces Nomination of Anthony Sanfilippo to the Board of Directors
Wynn Resorts, Limited (
NASDAQ: WYNN) announced today that Anthony Sanfilippo, former Chairman and Chief Executive Officer of Pinnacle Entertainment, has been nominated by the Wynn Resorts Board of Directors (the “Board”) as a director for election at the Company’s 2025 Annual Meeting of Shareholders (“Annual Meeting”), to be held on April 30, 2025. Margaret “Dee Dee” Myers, who has served on the Board since 2018, has decided not seek re-election at the Annual Meeting.
Wynn Resorts to Sell the Real Estate of Encore Boston Harbor to Realty Income for $1.70 billion Through a Sale-Leaseback Transaction
Wynn Resorts (
NASDAQ: WYNN) (“we” or the “Company”) announced today that it has entered into a definitive agreement to sell all of the land and real estate assets of Encore Boston Harbor to Realty Income (
NYSE: O) for $1.70 billion in cash, representing a 5.9% cap rate (the “transaction”). Wynn Resorts will continue to operate the property at the five-star standard for which the Company is renowned.
Statement from Wynn Resorts Regarding Chief Executive Officer Transition
Matt Maddox, CEO of Wynn Resorts, announced today that he will be leaving the Company January 31, 2022. Following a unanimous request by the Board of Directors, Mr. Maddox agreed to remain on the Wynn Macau Limited and Wynn Interactive Limited Boards through the end of 2022. Craig Billings, CEO of Wynn Interactive and who has served as President and CFO of Wynn Resorts, was unanimously selected by the Board to become CEO of Wynn Resorts and a member of the Board effective February 1, 2022.
