Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 14, 2020, the Board of Directors (the "Board") of Wynn Resorts,
Limited (the "Company") increased the size of the Board and appointed Darnell
Strom as a Class I member of the Board, effective October 14, 2020.
The Board determined that Mr. Strom is independent under the standards set forth
in the Company's Corporate Governance Guidelines and the Nasdaq listing
standards. Mr. Strom will participate in the standard compensation arrangements
for the Company's non-employee directors, as described under the heading "Board
Compensation" in the Company's definitive proxy statement on Schedule 14A filed
with the Securities and Exchange Commission on April 29, 2020, the description
of which is incorporated herein by reference.
Mr. Strom does not have any arrangements or understandings with any other person
pursuant to which he was appointed. Mr. Strom has not previously been employed
by the Company, has no family relationships with any of the Company's executive
officers or directors and has not been a participant in any transactions
requiring disclosure under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
Exhibit No. Description
99.1 Press release, dated October 19, 2020, of Wynn Resorts, Limited.
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded
within the Inline XBRL document
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses