Steve Wynn steps down as CEO

For anyone who has ever been to Las Vegas, there are 2 beautiful hotels owned by Steven Wynn himself (Wynn and Encore). To give you an idea of just how nice they are, there is a Ferrari dealership in the lobby of one. Steve Wynn has recently stepped down as the CEO amidst allegations of misconduct on his part.

 

The president of Wynn Resorts Matt Maddox was appointed CEO of the company effectively immediately. Wynn certainly did the right thing stepping down to protect his company and he claims that the resorts are in good hands with Maddox. I mean, it appears nobody is the wiser however, there is obviously still somewhat of an investigation going on with regards to Wynn’s misconduct. Details to follow.

 

On a side note, who here has been to the Wynn? What’s your favorite part of your stay there? We loved the lobby restaurant!

 

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