Outgoing Wynn Resorts Ex-GC Kim Sinatra to Get Big Cash Settlement

Former Wynn Resorts Ltd. executive vice president and general counsel Kim Sinatra will receive a $1.8 million cash settlement as she leaves the company, according to the Las Vegas Review-Journal.

A Securities and Exchange Commission filing included a copy of the five-page settlement agreement as well as a 26-page employment agreement between the company and Sinatra’s successor, Ellen Whittemore, writes Richard N. Velotta.

“Whittemore, a gaming attorney with 30 years’ experience and a former shareholder in the Las Vegas law office of Brownstein Hyatt Farber Schreck, will be paid $600,000 a year, plus benefits,” according to Velotta.

Read the Review-Journal article.