Thursday, October 29, 2009

matt maddox

matt maddox

House can win always, but Wynn Resort 'CFO a little: Since joining the company in 2002 to head of financial operations, Wynn Resort Macau, Maddox faster the company ladder and was promoted to CFO of the company the previous year.


Now he oversees the entire cash flow of Steve Wynn's casino and hotel empire. And he's become a high roller pay-wise too: With a base salary of $593,590, stock options worth more than $11 million, and stock awards worth more than $5 million, Maddox tops our list of highest-paid public company executives under age 40Good morning and welcome to the Wynn Resorts Limited third quarter 2009 earnings call. Joining the call on behalf of the company today are Steve Wynn, Marc Schorr, John Strzemp, Matt Maddox, Andrew Pascal, President of Wynn Las Vegas, and on the phone Ian Coughlan, President of Wynn Macau.

. Well actually, it hasn’t been too bad this quarter. We were even in Las Vegas and up in Macau and although I can't say that I am noticing that everything is overwhelming, I’ll say this -- that in the fourth quarter at this time in October last year as the wheels came off in September and we were getting ready to open Encore, we were saying boy, this is really tough timing.

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