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Wynn Resorts Named on Fortune Magazine’s Inaugural “Modern Board 25” List
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The Resort is the First and Only Hospitality Company to be Named on the List
LAS VEGAS--(BUSINESS WIRE)--
Wynn Resorts was recently recognized on Fortune Magazine’s inaugural Modern Board 25 list, which highlights the top 25 most innovative boards of directors among S&P 500 companies. Wynn Resorts is the only hospitality company on the list, receiving high scores on gender equality, tenure of independent directors, board size and board independence.
The Company also received accolades for its focus on cultivating and engaging a younger customer base and for its global expansion, including recently announced plans to develop a luxury integrated resort in the United Arab Emirates.
“It’s great to see our board recognized for the substantive and progressive changes we have made over the past four years. We are incredibly proud of the quality of governance and diversity of voices in our board room,” said Craig Billings, CEO of Wynn Resorts. “It is a privilege to be represented alongside the most innovative boards of directors among S&P 500 companies.”
Fortune Magazine, in collaboration with research group Diligent Institute, created the Modern Board 25 list based on the belief that in a rapidly changing business climate, innovation and diversified leadership at the board level is integral to a company’s success. Companies were evaluated on criteria including expertise and independence of board members; diversity on the board; and the tenure of independent directors. Based on the scoring criteria, the 25 companies that appear on the list each ranked in the top quartile of the S&P 500 for both board effectiveness and Environmental, Social, and Governance.
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 Harbor (encorebostonharbor.com), Wynn Macau (wynnmacau.com), and Wynn Palace, Cotai (wynnpalace.com).
Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites and villas, approximately 194,000 square feet of casino space, 21 dining experiences featuring signature chefs and 11 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 155,000 square feet of retail space as well as two theaters, two nightclubs, a beach club and recreation and leisure facilities including Wynn Golf Club, an 18-hole, 128-acre championship golf course.
Encore Boston Harbor is a luxury resort destination featuring a 211,000-square-foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 16 dining and lounge venues, and approximately 71,000 square feet of state-of-the-art ballroom and meeting spaces. Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has created a six-acre public park and Harborwalk along the shoreline. It is the largest private, single-phase development in the history of the Commonwealth of Massachusetts.
Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms and suites, approximately 252,000 square feet of casino space, 14 food and beverage outlets, approximately 31,000 square feet of meeting and convention space, approximately 59,000 square feet of retail space, and recreation and leisure facilities including two opulent spas, a salon and a rotunda show.
Wynn Palace is a luxury integrated resort in Macau. Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, approximately 424,000 square feet of casino space, 14 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 107,000 square feet of designer retail, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a lush spa, salon and recreation and leisure facilities.
