Mr. Wynn continued, “We welcome Jay Hagenbuch to our Board. Jay brings deep corporate strategy and financial expertise, and offers valuable perspective gained through over 30 years as a private equity investor and director of a number of public and private companies. He shares our commitment to creating shareholder value and his insights will be a tremendous asset as we continue to position Wynn to capture the extraordinary opportunities in today’s gaming environment. On behalf of the entire Board, we would like to thank Russell, Allan, Linda and Marc for their substantial contributions as directors. We look forward to continuing to work with Allan, Linda and Marc, and wish Russell continued success in his business endeavors.”
Mr. Hagenbuch is Chairman of M&H Realty Partners and WestLand Capital Partners, investment firms he co-founded in 1994 and 2010, respectively. He is also Chairman of Onconome, Inc., a clinical-stage company dedicated to the discovery, development and commercialization of biomarkers used in the early detection of cancer. Previously, Mr. Hagenbuch was a General Partner of Hellman & Friedman which is a private equity firm that he joined as its third partner in 1985. Mr. Hagenbuch’s investment and advisory work has included extensive international experience. He graduated magna cum laude from Princeton University and holds an MBA from Stanford University.
About Wynn Resorts
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 and NASDAQ-100 Indexes.Our Las Vegas operations (Wynn Las Vegas and Encore) feature two luxury hotel towers with a total of 4,750 spacious hotel rooms, suites and villas, approximately 186,000 square feet of casino space, 32 food and beverage outlets featuring signature chefs, an on-site 18-hole golf course, meeting space, a Ferrari and Maserati dealership, approximately 94,000 square feet of retail space as well as two showrooms; three nightclubs and a beach club.