Matt Maddox has been named CEO at Wynn Resorts, Limited

The Board of Directors of Wynn Resorts reluctantly announced today that it accepted the resignation of Steve Wynn as CEO and Chairman of the Board of Directors. The board has appointed Matt Maddox, currently President of the Company, as its CEO, and Boone Wayson as Non-Executive Chairman of the Board of Directors, effective immediately.

Matt Maddox
General Management United States NV Las Vegas

Wynn Resorts, Limited (NASDAQ:WYNN) was formed through Steve Wynn's purchase of the Desert Inn Resorts & Casino in 2000. The company went public in 2002 in the largest initial capitalization of a gaming entertainment company. Wynn Resorts' efforts have been devoted mainly to the design, development, financing and construction of Wynn Las Vegas and Wynn Macau but also to identifying growth opportunities such as the marketing alliance with...