Wynn Resorts Statement Regarding Reduction of Executive Salaries
Wynn Resorts, Limited (WYNN)
Last wynn resorts, limited earnings: 2/6 04:03 pm
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wynnresorts.com
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Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--As part of its strategic plan to navigate through the financial downturn caused by the COVID-19 pandemic, the Board of Directors and top executives at Wynn Resorts have agreed to forego between 33% and 100% of their salary for the remainder of 2020 in exchange for shares of Wynn stock. The Company's CEO, Matt Maddox, agreed to forego 100% of his salary in exchange for shares for the remainder of the year. The cash savings arising from the executive salary reductions will be used to offset ongoing employee payroll and other expenses. The Company announced last week it would pay all of its employees, including their average tips, after it closed its resorts in Boston and Las Vegas to help reduce community spread of the virus.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 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.com), Encore Boston Harbo
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WYNN
News
- Wynn Resorts Stock Plunges After Casino Operator's Profit and Sales Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Wynn Resorts, Limited (NASDAQ: WYNN) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $120.00 price target on the stock.MarketBeat
- Wynn Resorts Q3 Earnings & Revenues Miss Estimates, Stock Down [Yahoo! Finance]Yahoo! Finance
- Wynn Resorts Bets $5 Billion On The World's Newest Themed Entertainment Hub [Forbes]Forbes
- Wynn Resorts, Limited (NASDAQ: WYNN) had its price target raised by analysts at JPMorgan Chase & Co. from $101.00 to $113.00. They now have an "overweight" rating on the stock.MarketBeat
WYNN
Earnings
- 11/4/24 - Miss
WYNN
Sec Filings
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- 10/3/24 - Form 8-K
- WYNN's page on the SEC website