Matt Maddox served as the CEO of Wynn Resorts from February 2018 until January 2022. He has a solid background in finance, holding a degree from the University of Nevada, Las Vegas. His leadership came during a tough transition time...

Current Market Cap

$10.23B

Number of Employees

27.8K

Total Compensation

2018 - 2022

Trending up by 312.78% last year
Showing total compensation for the last 2018 - 2022

Stock

Up by 0.00% last year

Salary

Down by -91.90% last year

Bonus

Down by -100.00% last year

Other

Up by 27342.05% last year

Year

2022

Total Compensation

$18.28M

Salary

$153.85K

Board Justification

The compensation philosophy is designed to align the interests of executives with those of shareholders by tying compensation to performance metrics that drive long-term shareholder value.

Bonus

$0.00

Board Justification

No annual bonus was paid for the period of employment in 2022 as he transitioned out of the CEO role on January 31, 2022.

Other

$7.83M

Board Justification

Includes a cash payment of $3.0 million for eighteen months’ salary and a cash payment of $4.6 million representing 11/12ths of the annual bonus for 2021, as per the Maddox Transition Agreement.

Restricted Stock

$10.29M(117.92K common stock)

Board Justification

117,916 shares of stock vested on January 31, 2022, as part of the Maddox Transition Agreement, reflecting a pro-rata share of restricted stock previously granted.

Performance Metrics

The performance metrics for the CEO's compensation were primarily based on company performance and strategic goals, including the successful transition and management of the company during a challenging period.

SEC Filing

From March 22, 2023