Wynn Names Tim Poster and Tom Breitling SVPs of Strategy and Development
LAS VEGAS, NV, July 2, 2008. Tim Poster and Tom Breitling will be joining Wynn Resorts (Nasdaq: WYNN) subsidiary Wynn Las Vegas as Sr. Vice Presidents of Strategy and Development.
As long-standing business partners, Tim and Tom have together helped to pioneer the online travel industry with the development and ultimate sale of Travelscape to Expedia. This Las Vegas oriented travel company established a sales model that was eventually adopted and more fully exploited by the leading internet-based travel agencies.
It wasn't long after selling Travelscape that Tim and Tom orchestrated the acquisition of the Golden Nugget, and turned their attention towards revitalizing this classic casino property. As the principal operators, they expanded their knowledge and understanding of integrated resort operations and managed to reinvigorate this downtown Las Vegas gem. Their collective experiences and their entrepreneurial drive, make them ideally suited to assist Wynn as it prepares for another period of substantial growth and change.
"This is a very exciting time for our company as we prepare to expand both here in Las Vegas and in Asia," noted Steve Wynn. "Until now, we've only been limited by our human capital and our limited capacity to design, develop and operate resorts that live up to our standards. With the addition of Tim and Tom to our leadership team we have both improved our opportunities for success with our existing ventures and enhanced our ability to pursue new ones."
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the NASDAQ-100 Index. Wynn Resorts owns and operates Wynn Las Vegas (http://www.wynnlasvegas.com) and Wynn Macau (http://www.wynnmacau.com).
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