Wynn Macau appoints new CEO

Luxury hotel Wynn Macau has appointed Craig Billings (pictured right) as CEO to replace Matthew Maddox (pictured left) starting from 31 January 2022.  In a statement, Wynn Macau said Billings,  was appointed as a non-executive director of the company on 17 August 2018. With effect from 1 February 2022, he will become an executive director and CEO of the company. Billings joined Wynn Resorts as its chief financial officer in March 2017, also served as the president of Wynn Resorts, and most recently has served as CEO of Wynn Interactive.

Billings has been a board member of the company since August 2018 and as a history of leadership and innovation in the gaming industry, both domestically and internationally, said the company. He has held executive and board positions at Goldman Sachs, where he covered the industry globally, Aristocrat Leisure, NYX Gaming Group, and International Game Technology. Prior to joining Wynn Resorts, Billings honed a global perspective with senior executive positions in both Australia and the UK during his time as chief digital officer and managing director of strategy and business development at Aristocrat Leisure. He is also lead independent director and audit committee chair for Applovin Corporation.

Current CEO Maddox will be re-designated from an executive director to a non-executive director, in addition to departing his role of CEO. Maddox resigned after two decades with Wynn Resorts, most recently as the company’s CEO where he steered the company through a "very difficult period of time in its history", according to the statement. 

Maddox has been CEO of Wynn Resorts since 7 February 2018. From November 2013 to May 2019, Maddox also served as president of Wynn Resorts and he has been a member of the board of directors of Wynn Resorts since 3 August 2018. From March 2008 to May 2014, Maddox was the chief financial officer of Wynn Resorts. Since joining Wynn Resorts in 2002, Maddox has served as Wynn Resorts’ senior vice president of business development and treasurer, as the senior vice president of business development for Wynn Las Vegas, LLC, as the chief financial officer of Wynn Reports Macau, and as Wynn Resorts’ treasurer and vice president — investor relations.