Elaine Wynn Maintains Fight to Stay on Wynn Resorts Board
NEW YORK (AP) — Elaine Wynn is maintaining her fight to stay on the board of Wynn Resorts Ltd., the casino operator she co-founded.
In an open letter to Wynn Resorts stockholders Monday, Wynn says that she is an asset to the board with "unmatched" experience.
Her letter comes a day after proxy advisory firm Institutional Shareholder Services recommended that stockholders vote for two other nominees for the board and not her.
Wynn is the company's third-largest shareholder, and has been waging a re-election campaign to stay on the board. The Las Vegas company, which she co-founded with ex-husband and Wynn Resorts CEO and Chairman Steve Wynn, announced in March that it would not nominate her for another term.