LAS VEGAS (dpa-AFX) - Elaine Wynn, co-founder, Board member and third-largest stockholder of Wynn Resorts (WYNN), released a letter to all stockholders distinguishing her qualifications as the BEST candidate for re-election to the Wynn Resorts Board of Directors.
Elaine believed her industry experience, value as co-founder and independence of thought bring the most value to the Boardroom.
According to Elaine Wynn's letter, the Board's nominees, John Hagenbuch and Edward Virtue, have been largely absent in answering questions from stockholders.
By virtue of their committee positions, the Board's two nominees are most directly responsible for the Board's glaring corporate governance errors.
Elaine noted that its position as third-largest stockholder aligns her interests with stockholders, whereas Mr. Hagenbuch and Mr. Virtue's collective holdings add up to one-one-thousandth of one percent of total outstanding stock.
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