CEO Craig Billings and CFO Julie Cameron-Doe of Wynn Resorts have both had extensions on their contracts, which also include an increase in salary.
Billings has worked at Wynn Resorts since 2017, starting out as CFO and Treasurer, then getting promoted to President and CFO in 2019; Billings got promoted again in 2021 to CEO of Wynn Interactive and CFO at Wynn Resorts before being eventually promoted to CEO of the operator at large in 2022.
Billings will see a salary increase of 11%, with it increasing to $2m annually. The CEO has also been granted a four-year extension on his contract, taking him until June 1 2027 with Wynn Resorts.
Cameron-Doe has worked at Wynn Resorts since April 2022 as CFO, and has been granted a three-year extension on her contract until June 1 2026 with a salary increase of 6%, making her current salary $950,000.
Wynn Resorts reported revenue of $1.42bn in its Q1 2023 results, no doubt playing a part in the extensions and salary increases of both Billings and Cameron-Doe.
Alongside a successful Q1 report, Wynn Resorts was also listed among the Top 50 most community-minded American companies for the third year in a row by Points of Light on its Civic 50 list.
Wynn Resorts also recently appointed Thomas Schoen as President of the upcoming and newly-developed Wynn Al Marjan Island.