Elaine Wynn Backed Harrah's Ex-CEO Satre for Chairman Role
In the latest sign of tension between Elaine Wynn and the casino company she co-founded, the billionaire said she backed a candidate for chairman or vice chairman that Wynn Resorts Ltd. rejected. Phil Satre, the former chief executive officer of Harrah’s, now called Caesars Entertainment Corp., confirmed to Bloomberg News that he withdrew his name from consideration for a Wynn Resorts board seat. The candidate was offered a position on the board, but not the role of chairman or vice chairman, Elaine Wynn said in a regulatory filing Monday.