Wynn Resorts has announced the appointment of CEO Matt Maddox and independent director Richard Byrne as the latest additions to its board of directors.
The latest appointments are in line with Wynn’s move to diversify its board of directors and follow the appointment of Phil Satre as vice chairman earlier this week.
Wynn said over the past six months, the company has appointed six new directors to its Board and announced the departure of five legacy directors.
“Matt has ushered in a new era at Wynn, providing outstanding leadership since stepping into the CEO role, and we are pleased to officially welcome him as a director on the Board,” said chairman Boone Wayson.
“We are also pleased to add another high-caliber independent director with Rich. His deep financial expertise and knowledge of the lodging, leisure and gaming industries, including extensive familiarity with Wynn, will further enhance the Board’s expertise.”
Matt Maddox said, “We have made it our top priority to implement meaningful change at Wynn Resorts and have made demonstrable progress over the past six months. I am excited to be part of this refreshed board that is committed to growing the premier brand in luxury resort development.”
“I am very familiar with the Wynn Resorts’ business, having followed the Company closely throughout my career in the financial sector, and I admire the Company’s position as the premier luxury destination resort developer and operator,” said Byrne. “I am confident in the Company’s bright future and look forward to working with the Board as the Company enters a new chapter of growth and success.”