A day after Australian slot machine suppler Aristocrat Leisure Limited announced the departure of long-time Chief Financial Officer Julie Cameron-Doe, Wynn Resorts Ltd has confirmed her appointment to replace Craig Billings as CFO.
Billings was recently named as Wynn’s new Chief Executive Officer once Matt Maddox steps aside in February 2022.
Under the terms of the agreement, Cameron-Doe will receive an annual base salary of US$900,000, a target annual bonus of 200% of her base salary as per Wynn’s incentive plan, an annual restricted share grant equal to 150% of her base salary pending achievement of certain targets and an initial restricted share grant equal to US$2.5 million.
Wynn will also make whole compensation not paid to Cameron-Doe by Aristocrat due to her immediately joining the company.
She will join Wynn Resorts in the second quarter of 2022 following completion of her contractual duties with Aristocrat.
“Julie is a proven leader and is a sitting public company CFO,” said Billings.
“Coming from the gaming industry, she understands many aspects of our business and she has diverse international experience. She is the clear choice for this position and her appointment rounds out our senior executive team. We are indeed fortunate to have her join us next year.”