No severance pay for Steve Wynn

Steve Wynn’s separation agreement with Wynn Resorts includes no “golden parachute” for the 76-year-old former chairman and CEO. In a filing with the Securities and Exchange Commission, the company confirmed that “Wynn is not entitled to any severance payment or other compensation from the company under the employment agreement.” According to proxy statements filed with the SEC, Wynn was paid $28.2 million in 2016. Wynn resigned on Feb. 6 over reports alleging sexual misconduct.