LAS VEGAS, April 24, 2015 /PRNewswire/ -- Elaine Wynn, co-founder and third-largest stockholder of Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or "the Company") issued the following statement regarding today's Wynn Resorts 2015 Annual Meeting of Stockholders:
"While I am certainly disappointed by the result of today's vote, I am hopeful that I have once again served as an agent for change and improvement for this Company, which I love so deeply. I have believed all along that this Board was better and would be held more responsible for its actions with me as a member of it. I am gratified to hear from so many investors that this proxy contest was a success in that it brought to light critical corporate governance concerns at Wynn Resorts such as independence, expertise and diversity in the Boardroom and the impact they have on key issues that our Company is facing including compensation practices and succession planning. It remains to be seen if the directors of this Company will deliver on the commitments they have made to greater independence, diversity and oversight of management. I, however, as the third-largest stockholder, remain committed to holding all accountable, and will now do so from a position of greater strength. Thank you, my fellow stockholders, for your continued support of me and the continued success of Wynn Resorts for our collective benefit."
SOURCE Elaine Wynn