Steve Wynn is taking a salary cut from the company that bears his name, according to a financial filing.

This marks the first time Mr. Wynn has received equity as part of his compensation and now places a greater proportion of his overall compensation attributable to components that drive stockholder value versus fixed base salary.   http://www.vegasinc.com/business/gaming/2015/jan/20/steve-wynns-base-salary-reduced-4m-25m/

The filing also says that the term of the employment agreement for Wynn, who is the CEO of Wynn Resorts, was extended through Oct. 24, 2022. That’s a two-year extension.
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