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Wynn Resorts appoints two to board

Staff Writer | Las Vegas, Nv., USA | August 9, 2018
Wynn ResortsWynn Resorts announced that it has expanded its board of directors with the appointment of CEO Matt Maddox and independent director Richard J. Byrne.
Matt Maddox is CEO of Wynn Resorts, overseeing day-to-day operations and global growth for the most recognized luxury resort brand in the world.

Mr. Maddox was one of the Company's first employees in 2002, the year it was founded, serving as Treasurer and Vice President of Investor Relations and responsible for helping to secure the financing to build Wynn Las Vegas.

Recognizing the incredible potential for a resort in Macau, Mr. Maddox was among the first of the Wynn executive team to relocate to China in 2003, becoming the Chief Financial Officer of Wynn Resorts Macau.

During his three years in Asia, he was a key leader on the pre-opening team that built the organization from ground breaking through the resort opening.

In 2005, Mr. Maddox was named Senior Vice President of Business Development for Wynn Las Vegas, and in 2008 was named Chief Financial Officer for Wynn Resorts.

In November 2013, he was named President of Wynn Resorts, where he once again turned his focus to China, this time in Cotai.

He helped lead the development and opening of the Wynn Palace - the only Five-Star resort in the world with more than 1,000 rooms.

In February 2018, Mr. Maddox assumed the role of CEO of Wynn Resorts.

Throughout his career, Richard J. Byrne has worked extensively with numerous gaming companies, including Wynn Resorts, in arranging debt and equity financing and providing strategic advice.

Mr. Byrne is currently the President of Benefit Street Partners.

He also serves as Chairman and Chief Executive Officer of Business Development Corporation of America and Chairman and Chief Executive Officer of Benefit Street Partners Realty Trust, Inc.

Prior to joining Benefit Street Partners in April 2013, he was Chief Executive Officer of Deutsche Bank Securities, Inc.

He was also the Global Co-Head of Capital Markets at Deutsche Bank as well as a member of the Global Banking Executive Committee and the Global Markets Executive Committee.

Before joining Deutsche Bank, Mr. Byrne was Global Co-Head of the Leveraged Finance Group and Global Head of Credit Research at Merrill Lynch & Co.

He was also a perennially top-ranked credit analyst, principally in the gaming, lodging and leisure sector.

Mr. Byrne earned an M.B.A. degree from the Kellogg School of Management at Northwestern University and a B.A. degree from Binghamton University.

He is a member of the Board of Directors of MFA Financial, Inc. and New York Road Runners.




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An upper-level low over Northwestern Mexico and an ample supply of moisture will aid in producing showers and thunderstorms with heavy rain at times over parts of the Southwest and Southern Rockies through Sunday.








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