LAS VEGAS, April 16, 2015 /PRNewswire/ -- Elaine Wynn,
co-founder, Board member and third-largest stockholder of Wynn
Resorts (NASDAQ: WYNN), is pleased to announce that Steve Wynn, the co-founder, chairman and CEO,
and second-largest stockholder of Wynn Resorts has
publicly stated his support FOR her re-election to the Board
of Directors at the Company's upcoming Annual Meeting on
April 24, 2015.
"I thank Steve for his endorsement of my candidacy at the
upcoming Annual Meeting," said Elaine
Wynn. "Having co-founded Wynn Resorts with Steve, I believe
he understands the knowledge and insight that I bring to the Board
and values the constructive dialogue and independent opinion that I
am not afraid to share with him and the Board."
In an interview on The Charlie Rose Show on April 15, 2015, Mr. Wynn noted that he "didn't
happen to agree with" the independent directors on the decision to
shrink the size of the Company's Board of Directors and not
re-nominate Ms. Wynn.[i]
During the interview, Mr. Wynn also went on to say: "I did
not [support the decision] and I am in an impossibly embarrassing
position of either not supporting my former wife Elaine, which I am
happy to do and obliged to do, or not supporting my Board of
Directors."[ii]
As previously announced, Elaine has filed a proxy statement with
a GOLD proxy card with the SEC in order to solicit votes for her
re-nomination to the Board. Wynn Resorts stockholders can vote for
Elaine by returning the GOLD proxy card or instruction form
physically or by voting online or by telephone.
For further details and to learn more about why Elaine believes
she is the most qualified candidate standing for election to the
Board, please visit: http://www.elaineforwynn.com
[i]
Interview of Steve Wynn by Charlie Rose, Charlie Rose, PBS, April
15, 2015, available at
http://www.bloomberg.com/news/videos/2015-04-16/wynn-resorts-steve-wynn-charlie-rose-04-16-?cmpid=yhoo.
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[ii]
Interview of Steve Wynn by Charlie Rose, Charlie Rose, PBS, April
15, 2015, available at
http://www.bloomberg.com/news/videos/2015-04-16/wynn-resorts-steve-wynn-charlie-rose-04-16-?cmpid=yhoo.
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To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/steve-wynn-states-he-disagreed-with-the-independent-directors-decision-to-not-re-nominate-elaine-wynn-300067469.html
SOURCE Elaine Wynn