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Steve Wynn Receives $12.5M in Stock as Part of Compensation

Las Vegas Review

The new year has started off well for Steve Wynn. The Wynn Resorts Ltd. chief executive officer last week received $12.5 million in company stock as part of his 2016 compensation package, up from $8.75 million in stock a year earlier, indicating he may receive his highest payout in years. Wynn Resorts developed a new executive compensation package in 2014 that slashed Wynn’s fixed salary from $4 million to $2.5 million and divided his performance compensation into both shares and cash...

Mentions: stock options SEC executive compensation