On Friday, April 10th Glass Lewis hosted two Proxy Talk conference calls to discuss the Wynn Resorts proxy contest. One call was with Elaine Wynn and one call was with Wynn Resorts management & directors. Following the Board’s decision to reduce the size of Class I directors and not re-nominate Elaine Wynn to serve as a director, Glass Lewis wanted to hear from both sides in the contest and understand their positions.
Speakers:
Elaine Wynn call
Elaine Wynn, director and co-founder of Wynn Resorts.
Management & Directors call
Matt Maddox, President, Wynn Resorts Ltd.
Kim Sinatra, EVP, General Counsel and Secretary, Wynn Resorts Ltd.
Robert J. Miller, Chairman of the Nominating and Corporate Governance Committee, Wynn Resorts Ltd.
Glass Lewis participants on both calls
Colin Ruegsegger, Senior M&A and Contests Research Analyst, Glass, Lewis & Co.
Moderator: Warren Chen, Managing Director, M&A and Contests, Glass, Lewis & Co.
LISTEN TO REPLAY – Elaine Wynn call
LISTEN TO REPLAY – Management & Directors call
Note: Conference call is audio only.
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About Proxy Talk:
Glass Lewis’ Proxy Talk provides a forum for institutional investors to exchange views on proxy-related issues. Exclusively for Glass Lewis clients and invited guests, Proxy Talk conference calls feature roundtable discussions and guest-speaker presentations on important corporate integrity issues, mergers and acquisitions, control contests, SEC developments and policies, and new legal requirements, among other topics. Glass Lewis analysts also will preview key proposals to watch for in upcoming proxies and address questions about the findings of recent Proxy Paper reports.