Wynn appoints Craig Billings as CFO

Wynn Resorts has appointed Craig Billings, a former Aristocrat Leisure executive, as its new chief financial officer, treasurer and chief accounting officer from the beginning of March.

From November 2015 through February 2017, he was an independent advisor to and an investor in the gaming industry. From July 2012 to November 2015, Mr. Billings served in various roles at Aristocrat, including chief digital officer and managing director of strategy & business development.

He will be paid a base salary of  $750,000 per year (which increases to $800,000 per year effective September 1, 2018) and a grant of 30,000 shares of restricted stock. The restricted stock award will be granted on March 1, 2017.

He succeeds Stephen Cootey who will leave the company to pursue other interests.

“Craig has been a fixture in the gaming industry for some time, with his most visible role in the USA, being at IGT, prior to its sale to GTech. More recently, Craig worked with Aristocrat Gaming. As a result, Craig is no stranger to the broader gaming industry, though less so to the integrated resort model,” read a note from Buckingham Research on Friday.