Wynn Resorts adds 3 women to board

CEO calls additions “meaningful change”

WYNN RESORTS added three women to its board of directors on Wednesday as the company tries to convince regulators that it is changing course following Steve Wynn’s departure in February amid allegations of sexual misconduct.

The Massachusetts Gaming Commission is trying to determine whether Wynn Resorts should retain its casino license in the wake of allegations of sexual misconduct against Wynn and reports that the board and top company officials did little to rein in his behavior. Wynn Resorts is in the midst of building a $2.4 billion casino in Everett.

Steve Wynn has severed ties with the company and now the board is undergoing a makeover. Two  long-time Wynn Resorts directors, Ray Irani and Alvin Shoemaker, stepped down in the wake of the scandal and the three new directors add gender and age diversity to a board that consisted of seven men and one woman with an average age of 68.

The three new directors, all women in their late fifties, are Dee Dee Myers, an executive vice president at Warner Bros. Entertainment and a former press secretary to Bill Clinton during his first term as president; Betsy Atkins, a corporate governance advocate and former CEO of several firms; and Wendy Webb, the CEO of Kestrel Advisors and a former senior executive at the Walt Disney Company.

A Wynn official noted that Atkins is a graduate of UMass Amherst and Webb is a graduate of Smith College and Harvard Business School.

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Bruce Mohl

Editor, CommonWealth

About Bruce Mohl

Bruce Mohl is the editor of CommonWealth magazine. Bruce came to CommonWealth from the Boston Globe, where he spent nearly 30 years in a wide variety of positions covering business and politics. He covered the Massachusetts State House and served as the Globe’s State House bureau chief in the late 1980s. He also reported for the Globe’s Spotlight Team, winning a Loeb award in 1992 for coverage of conflicts of interest in the state’s pension system. He served as the Globe’s political editor in 1994 and went on to cover consumer issues for the newspaper. At CommonWealth, Bruce helped launch the magazine’s website and has written about a wide range of issues with a special focus on politics, tax policy, energy, and gambling. Bruce is a graduate of Ohio Wesleyan University and the Fletcher School of Law and Diplomacy at Tufts University. He lives in Dorchester.

About Bruce Mohl

Bruce Mohl is the editor of CommonWealth magazine. Bruce came to CommonWealth from the Boston Globe, where he spent nearly 30 years in a wide variety of positions covering business and politics. He covered the Massachusetts State House and served as the Globe’s State House bureau chief in the late 1980s. He also reported for the Globe’s Spotlight Team, winning a Loeb award in 1992 for coverage of conflicts of interest in the state’s pension system. He served as the Globe’s political editor in 1994 and went on to cover consumer issues for the newspaper. At CommonWealth, Bruce helped launch the magazine’s website and has written about a wide range of issues with a special focus on politics, tax policy, energy, and gambling. Bruce is a graduate of Ohio Wesleyan University and the Fletcher School of Law and Diplomacy at Tufts University. He lives in Dorchester.

Matt Maddox, the CEO of Wynn Resorts, said in a statement that the board appointments signify “meaningful change” at the company. “These appointments signify a turning point for us, and I look forward to working with each of our new directors as we usher in a new era at Wynn.”

D. Boone Wayson, who took over as chairman of the Wynn Resorts board in February, said more new directors will be added in the coming months.