LAS VEGAS--(BUSINESS WIRE)--Aug. 23, 2016--
Wynn Resorts, Limited (NASDAQ: WYNN) (“Wynn Resorts,” “Wynn” or “the
Company”) today announced the appointment of Jay L. Johnson to its Board
of Directors, effective August 22, 2016. Admiral Johnson has been
appointed as a Class II member of the Board (with a term expiring at the
2019 Annual Meeting). With the addition of Admiral Johnson, the Board
increased its size from nine to ten members. Admiral Johnson will also
serve on the Board’s Compensation Committee.
Admiral Johnson had a distinguished career in the U.S. Navy, retiring in
July 2000, after serving as Chief of Naval Operations and a member of
the Joint Chiefs of Staff from 1996 until his retirement. Following his
distinguished 32-year military career, Admiral Johnson served in various
senior executive roles at Dominion Resources Inc., a publicly traded
energy company, including as chief executive officer of Dominion
Virginia Power. Admiral Johnson also served as chairman and chief
executive officer of General Dynamics Corporation, a publicly traded
manufacturer and market leader that employs more than 91,000 people
worldwide in the areas of global defense, aerospace and other technology
products. Admiral Johnson is currently a director of International Paper
Company, the USAA, the U.S. Naval Academy Foundation and the Peregrine
Fund.
Admiral Johnson was appointed to the Board of Directors of Wynn on the
same day as the debut of the Company’s $4.2 billion resort, Wynn Palace,
in Cotai, Macau in the People’s Republic of China. After six years of
development, the spectacular new destination resort represents the
culmination of Steve Wynn’s more than 45 years of experience. The new
resort, which opened on August 22, 2016 to fanfare and acclaim, launches
a new era in Macau’s evolution into a world center of tourism and
leisure. The new resort features 1,706 exquisitely furnished rooms,
suites and villas, opulent floral displays of real flowers, an extensive
collection of rare art on public display, a spa, meetings facilities,
renowned retailers and a collection of gourmet dining restaurants.
About Wynn Resorts
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under
the ticker symbol WYNN and is part of the S&P 500 and NASDAQ-100
Indexes. Wynn Resorts owns and operates Wynn and Encore Las Vegas (www.wynnlasvegas.com,
Wynn Macau (www.wynnmacau.com)
and Wynn Palace, Cotai (www.wynnpalace.com).
Wynn and Encore Las Vegas feature two luxury hotel towers with a total
of 4,748 spacious hotel rooms, suites and villas, approximately 186,000
square feet of casino space, 34 food and beverage outlets featuring
signature chefs, two award-winning spas, an on-site 18-hole golf course,
meeting space, approximately 99,000 square feet of retail space as well
as two showrooms; three nightclubs and a beach club. A luxury retail
Strip-front expansion, Wynn Plaza, is currently under construction and
is scheduled to debut fall 2017.
Wynn Macau is a luxury hotel and casino resort located in the Macau
Special Administrative Region of the People's Republic of China with two
luxury hotel towers with a total of 1,008 spacious rooms and suites,
approximately 284,000 square feet of casino space, casual and fine
dining in eight restaurants as well as two bars, approximately 57,000
square feet of retail space, two opulent spas, a salon and a pool.
Wynn Palace is a new luxury integrated resort in Macau that opened
August 22, 2016. Designed as a floral-themed destination, it boasts
1,706 exquisite rooms, suites and villas, 13 food and beverage outlets,
200,000 square feet of designer retail, air-conditioned SkyCabs that
traverse an eight-acre Performance Lake, an extensive collection of rare
art, 26,300 square feet of flexible meeting space, a lush spa, salon and
outdoor pool.
Wynn Resorts is currently constructing Wynn Boston Harbor located in
Everett, Massachusetts.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160823006131/en/
Source: Wynn Resorts
Wynn Resorts, Limited
Mark Strawn, 702-770-7555
investorrelations@wynnresorts.com
or
Michael
Weaver, 702-770-7501
Michael.weaver@wynnlasvegas.com
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