Wynn Las Vegas President Steve Weitman Leaving Company
Wynn Resorts (NASDAQ: WYNN) noted today Steve Weitman, the chairperson of the operator’s Las Vegas Strip properties, is leaving the companionship good June 10.
The executive didn’t render a ground for his departure beyond noting he’s evaluating other opportunities and at present is “the flop clip to follow my next chapter.”
After 20 years with this outstanding troupe and leading the prop to the topper financial results in its history, Wynn Las Vegas and Encore are in an first-class operating position,” Weitman said inwards a letter of the alphabet to colleagues and staff at the Strip venues. “This has been an astonishing journeying and i could not live prouder to feature worked alongside the best inwards the business. The friendships and relationships I’ve built with many of you over the lowest 2 decades testament cobbler's last a lifetime, for which I am most grateful.”
Wynn and Encore Las Vegas are the operator’s Sin City properties and 2 of its trinity US venues with the other beingness Encore Bean Town Harbor.
Weitman Had Long History with Wynn
When he leaves the gaming company on June 10, Weitman will make spent just o'er ii decades with the firm.
He united as senior vice chairperson of Wynn Las Vegas — a role he held for 12 years and quintuplet months — inward May 2004. In Sept 2016, he was promoted to chief operating ship's officer (COO) of the Sin City venues. He tenanted that role until Jan 2023 when he was elevated to president.
“All of us will misfire Steve, but after such a long and successful run, we canful all interpret wherefore he now wants some clip to turn over other living options. … Steve has been an intact piece of Wynn Las Vegas for 20 years. He has demonstrated a unique rase of inscription to Wynn and has contributed so often to our success. His career within the keep company has been inspiring to so many,” said Wynn CEO Craig Billings in a musical note to staff.
Prior to connection Wynn, Weitman spent to a greater extent than viii years as theatre director of trading operations and licensing for Walt Walter Elias Disney at that company’s Burbank, Calif. headquarters.
Interesting Timing for Weitman Departure
While neither Weitman nor Wynn gave a specific reason out for the executive’s conclusion to leave of absence the helm of Wynn Las Vegas, his going away comes as the operator is entangled inward judicial proceeding against Fontainebleau Las Vegas for pilfering Wynn staffers.
Wynn formally sued Fontainebleau inward tardily Feb with the newest locus on the Strip firing support with a sound kick of its possess to a lesser extent than a month later. Wynn believes that several former culinary and night life employees that jumped ship to Fontainebleau actively attempted to recruit former colleagues stock-still employed at Wynn and some may hold violated non-compete agreements with Wynn.
To follow clear, there is no more intelligence at this repoint near Weitman moving to another casino or staying inward the gaming industry following his June going away from Wynn Las Vegas.
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