Steve Wynn pocketed $17 million last year
The Associated Press
Hotel tycoon Steve Wynn made $17.7 million last year, according a filing with the Securities and Exchange Commission.
Wynn’s total compensation included a $4 millon base salary, $2 million bonus, $10 million incentive payout and $1.7 million in other compensation.
The chairman and CEO of Wynn Resorts owned 10.03 million shares, or 9.9 percent of the company, as of March 1. His ex-wife, Elaine Wynn, owned 9.66 million shares, or 9.6 percent.
The largest portion of Wynn Resorts belonged to the Kansas asset management and financial planning firm Waddell & Reed Financial, Inc., which owned 15.03 million shares, or 14.9 percent.
The company will hold an annual shareholders meeting May 7 at Encore during which shareholders expect to re-elect four directors. Three have served on the board for more than a decade.
The nominees are:
• Alvin Shoemaker, 74, who has served on the board since 2002.
• D. Boone Wayson, 60, who has served on the board since 2003.
• Ray Irani, 78, who has served on the board since 2007.
• Steve Wynn, 71, who has served as the company’s chairman and CEO since 2002.