The Wall Street Journal

Wynn Resorts expands board to add three women

Bloomberg News
The Wynn Macau casino resort, operated by Wynn Resorts Ltd., in Macau, China.

Wynn Resorts Ltd. has expanded its board to 11 members, adding three women as independent directors as regulators continue to investigate the company’s handling of sexual-misconduct allegations against its former chief executive Steven Wynn.

The casino operator also faced a demand from its largest shareholder, Elaine Wynn, to move quickly to restructure its board and improve its corporate governance practices.

Wynn Resorts   said Wednesday that the additions of Betsy Atkins, Dee Dee Myers and Wendy Webb would bring the board’s composition to four women and seven men. The company said its board approved the new directors Tuesday in Las Vegas.

“We have made it a priority to implement meaningful change at Wynn Resorts and are committed to elevating our corporate governance practices and fostering a diverse and inclusive workplace,” Wynn Resorts CEO Matt Maddox said in a statement. “In addition to strengthening our Board, these appointments make Wynn a global leader in board diversity.”

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