Wynn Resorts Management

Management criteria checks 2/4

Wynn Resorts' CEO is Craig Billings, appointed in Feb 2022, has a tenure of 2.75 years. total yearly compensation is $16.15M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $26.74M. The average tenure of the management team and the board of directors is 4.3 years and 6.4 years respectively.

Key information

Craig Billings

Chief executive officer

US$16.2m

Total compensation

CEO salary percentage	11.8%
CEO tenure	2.8yrs
CEO ownership	0.3%
Management average tenure	4.3yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Craig Billings's remuneration changed compared to Wynn Resorts's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$953m
Jun 30 2024	n/a	n/a	US$869m
Mar 31 2024	n/a	n/a	US$862m
Dec 31 2023	US$16m	US$2m	US$730m
Sep 30 2023	n/a	n/a	US$33m
Jun 30 2023	n/a	n/a	US$7m
Mar 31 2023	n/a	n/a	-US$228m
Dec 31 2022	US$12m	US$2m	-US$424m
Sep 30 2022	n/a	n/a	-US$633m
Jun 30 2022	n/a	n/a	-US$657m
Mar 31 2022	n/a	n/a	-US$658m
Dec 31 2021	US$11m	US$1m	-US$756m
Sep 30 2021	n/a	n/a	-US$848m
Jun 30 2021	n/a	n/a	-US$1b
Mar 31 2021	n/a	n/a	-US$2b
Dec 31 2020	US$7m	US$1m	-US$2b
Sep 30 2020	n/a	n/a	-US$2b
Jun 30 2020	n/a	n/a	-US$1b
Mar 31 2020	n/a	n/a	-US$384m
Dec 31 2019	US$5m	US$1m	US$123m
Sep 30 2019	n/a	n/a	US$661m
Jun 30 2019	n/a	n/a	US$820m
Mar 31 2019	n/a	n/a	US$882m
Dec 31 2018	US$7m	US$850k	US$572m
Sep 30 2018	n/a	n/a	US$599m
Jun 30 2018	n/a	n/a	US$523m
Mar 31 2018	n/a	n/a	US$442m
Dec 31 2017	US$6m	US$624k	US$747m

Compensation vs Market: Craig's total compensation ($USD16.15M) is above average for companies of similar size in the UK market ($USD5.66M).

Compensation vs Earnings: Craig's compensation has increased by more than 20% in the past year.

CEO

Craig Billings (51 yo)

2.8yrs

Tenure

US$16,152,634

Compensation

Mr. Craig Scott Billings is Chief Executive Officer of Wynn Las Vegas, LLC. Mr. Billings has been a Director and Chief Executive Officer of Wynn Resorts Limited since February 1, 2022 and served as its Tre...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Craig Billings	CEO & Director	2.8yrs	US$16.15m	0.27% $ 26.7m
Julie Cameron-Doe	Chief Financial Officer	2.6yrs	US$4.69m	0.066% $ 6.6m
Ellen Whittemore	Executive VP	6.3yrs	US$4.55m	0.078% $ 7.7m
Robert Amerine	Vice President – Corporate Finance	7.8yrs	no data	no data
Michael Weaver	Chief Communications Officer	5.8yrs	no data	no data
DeRuyter Butler	Executive Vice President of Architecture of Wynn Design & Development	no data	US$2.87m	no data
Dean Lawrence	SVP & CFO of Wynn Las Vegas	no data	no data	no data
Erik Hansen	Chief Sustainability Officer	6.4yrs	no data	no data
Thomas Schoen	President of Wynn Al Marjan Island	1.5yrs	no data	no data
Brian Gullbrants	Chief Operating Officer - North America	1.8yrs	no data	no data
Craig Fullalove	CFO & CAO of Wynn Macau Limited	no data	no data	no data
Todd-Avery Lenahan	President & Chief Creative Officer of Wynn Design and Development	no data	no data	no data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Management: 0QYK's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Craig Billings	CEO & Director	2.8yrs	US$16.15m	0.27% $ 26.7m
Chih-Ling Chen	President of Wynn Macau Limited & Wynn International Mrkt	9.8yrs	US$4.33m	no data
Philip Satre	Independent Non-Executive Chairman	6.3yrs	US$546.93k	0.031% $ 3.0m
Betsy Atkins	Independent Director	6.6yrs	US$385.93k	0.0085% $ 842.6k
Richard Byrne	Independent Director	6.3yrs	US$376.93k	0.017% $ 1.7m
Winifred Webb	Independent Director	6.6yrs	US$390.43k	0.020% $ 2.0m
Patricia Mulroy	Independent Director	9.1yrs	US$463.93k	0.0077% $ 765.1k
Margaret Myers	Independent Director	6.6yrs	US$373.93k	0.016% $ 1.6m
Darnell Strom	Independent Director	4.1yrs	US$374.93k	0.013% $ 1.3m
Paul Liu	Independent Director	1.3yrs	US$306.61k	0.0052% $ 519.6k

6.4yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 0QYK's board of directors are considered experienced (6.4 years average tenure).

Wynn Resorts Management

Management criteria checks 2/4

Key information

Recent management updates

Wynn Resorts, Limited, Annual General Meeting, May 02, 2024

CEO & Director recently sold US$1.1m worth of stock

Wynn Resorts, Limited Appoints Paul Liu to its Board of Directors

Independent Director recently sold US$112k worth of stock

Wynn Resorts, Limited Appoints Mr. Strom as a Member of the Board's Audit Committee and as a Member of the Board’s Nominating and Corporate Governance Committee

Wynn Resorts Appoints Darnell Strom to Board of Directors

Recent updates

Wynn Resorts, Limited Reaches Proposed $70 Million Settlement in Securities Class Action

Third quarter dividend of US$0.25 announced

Third quarter 2024 earnings released: US$0.29 loss per share (vs US$1.03 loss in 3Q 2023)

Wynn Resorts, Limited Declares Cash Dividend, Payable on November 27, 2024

Wynn Resorts, Limited to Report Q3, 2024 Results on Nov 04, 2024

Investor sentiment improves as stock rises 15%

Second quarter dividend of US$0.25 announced

Second quarter 2024 earnings released: EPS: US$1.01 (vs US$0.93 in 2Q 2023)

Wynn Resorts, Limited Declares Cash Dividend, Payable on August 30, 2024

Wynn Resorts, Limited to Report Q2, 2024 Results on Aug 06, 2024

First quarter dividend of US$0.25 announced

First quarter 2024 earnings released: EPS: US$1.30 (vs US$0.11 in 1Q 2023)

Wynn Resorts, Limited to Report Q1, 2024 Results on May 07, 2024

Wynn Resorts, Limited, Annual General Meeting, May 02, 2024

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$6.49 (vs US$3.73 loss in FY 2022)

Wynn Resorts, Limited Declares Cash Dividend, Payable on February 29, 2024

Wynn Resorts, Limited to Report Q4, 2023 Results on Feb 07, 2024

CEO & Director recently sold US$1.1m worth of stock

New major risk - Negative shareholders equity

Wynn Resorts, Limited Declares Cash Dividend, Payable on November 30, 2023

Third quarter 2023 earnings released: US$1.03 loss per share (vs US$1.27 loss in 3Q 2022)

Wynn Resorts, Limited to Report Q3, 2023 Results on Nov 09, 2023

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: US$0.93 (vs US$1.14 loss in 2Q 2022)

Wynn Resorts, Limited Appoints Paul Liu to its Board of Directors

Wynn Resorts, Limited to Report Q2, 2023 Results on Aug 09, 2023

Independent Director recently sold US$112k worth of stock

First quarter 2023 earnings released: EPS: US$0.11 (vs US$1.59 loss in 1Q 2022)

Wynn Resorts, Limited Announces Quarterly Dividend, Payable on June 6, 2023

Now 20% undervalued

Now 20% undervalued

Now 22% undervalued

Now 22% undervalued

Full year 2022 earnings released: US$3.73 loss per share (vs US$6.64 loss in FY 2021)

Wynn Resorts, Limited to Report Q4, 2022 Results on Feb 08, 2023

Third quarter 2022 earnings released: US$1.27 loss per share (vs US$1.45 loss in 3Q 2021)

Wynn Resorts, Limited to Report Q3, 2022 Results on Nov 09, 2022

Second quarter 2022 earnings released: US$1.14 loss per share (vs US$1.15 loss in 2Q 2021)

Wynn Resorts, Limited to Report Q2, 2022 Results on Aug 09, 2022

First quarter 2022 earnings released: US$1.59 loss per share (vs US$2.53 loss in 1Q 2021)

Wynn Resorts, Limited to Report Q1, 2022 Results on May 10, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Wynn Resorts, Limited to Report Q4, 2021 Results on Feb 15, 2022

Wynn Reportedly Looks to Sell Online Sports Betting Biz at Deep Discount

Third quarter 2021 earnings released: US$1.45 loss per share (vs US$7.10 loss in 3Q 2020)

Second quarter 2021 earnings released: US$1.15 loss per share (vs US$5.98 loss in 2Q 2020)

Wynn Resorts, Limited(NasdaqGS:WYNN) dropped from Russell 3000E Value Index

Wynn Resorts, Limited (NasdaqGS:WYNN) entered into definitive agreement to acquire Austerlitz Acquisition Corporation I (NYSE:AUS) for $36.6 million in a reverse merger transaction.

First quarter 2021 earnings released: US$2.53 loss per share (vs US$3.77 loss in 1Q 2020)

Wynn Resorts, Limited Announces Partnership with Detroit Pistons

Full year 2020 earnings released: US$19.37 loss per share (vs US$1.15 profit in FY 2019)

Revenue beats expectations

New 90-day high: US$117

Wynn Resorts, Limited has completed a Follow-on Equity Offering in the amount of $747.5 million.

Full year 2020 earnings released: US$19.37 loss per share (vs US$1.15 profit in FY 2019)

Revenue beats expectations

Wynn Resorts, Limited to Report Q4, 2020 Results on Feb 04, 2021

Third quarter 2020 earnings released: US$7.10 loss per share

Revenue misses expectations

Wynn Resorts, Limited Appoints Mr. Strom as a Member of the Board's Audit Committee and as a Member of the Board’s Nominating and Corporate Governance Committee

Wynn Resorts, Limited to Report Q3, 2020 Results on Nov 05, 2020

Wynn Resorts Appoints Darnell Strom to Board of Directors

Evolution Gaming Group AB (Publ) Enters into Agreement with Wynn for the US Market

T. Rowe Price Group, Inc. (NasdaqGS:TROW) and Capital Research and Management Company completed the acquisition of an additional 7.79% stake in Wynn Resorts Ltd. (NASDAQ:WYNN) from Steve Wynn.

Wynn Resorts, Limited to Report Q2, 2020 Results on Aug 04, 2020

CEO Compensation Analysis