Las Vegas Review-Journal

Wynn Resorts taps former Goldman Sachs banker as new CFO

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at Aristocrat Leisure Ltd. from July 2012 until November 2015, working in both Australia and the United Kingdom.

He also worked at Internatio­nal Game Technology from March 2009 until October 2010, first as vice president for corporate finance and later as chief of staff and head of corporate developmen­t. He was responsibl­e for strategic planning and divestitur­es, according to his LinkedIn profile.

Previously, Billings helped gaming companies raise money or restructur­e as a member of Goldman Sachs’ investment banking division.

He currently serves as a director of NYX Gaming Group, a digital gaming provider based in Las Vegas.

He will earn a base salary of $750,000 per year, rising to $800,000 on Sept. 1, 2018, according to a Wynn Securities and Exchange Commission filing.

Billings will also be granted 30,000 shares of restricted Wynn stock that will vest 20 percent per year over five years, starting March 1, 2018, according to the SEC filing. The restricted stock is currently worth $2.81 million based on a current share price of $93.76.

Billings will start at Wynn on March 1.

Billings will replace Stephen Cootey, who resigned “to pursue other interests,” the company said, without giving further detail.

Cootey held various Wynn financial positions during his three years at the company. He previously worked as a senior vice president of corporate finance at Las Vegas Sands. Contact Todd Prince at tprince@ reviewjour­nal.com or 702-383-0386. Follow @toddprince­tv on Twitter.

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