Elaine Wynn, ex-wife of Wynn Resorts chairman and CEO Steve Wynn and the company's third-largest shareholder, failed in her effort to remain on the board of directors,
Fortune
reported.
Elaine Wynn had served on the board for 13 years, the report noted. In March, the board decided not to re-nominate her. She tried to convince shareholders to vote for her anyway, but management's two choices were elected instead.
The
Fortune
report noted that Elaine Wynn “co-founded and helped build Wynn Resorts into a company worth $13 billion and was its only female board member.” (Source:
Fortune
, April 27, 2015.)
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