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Moran stepping down from Wynn board of directors

17 Sep 2012

By Chris Sieroty
LAS VEGAS -- Wynn Resorts Las Vegas announced Friday that John A. Moran will retire from the company's board of directors and not stand for re-election.

Moran, 79, has served as an independent director since October 2002 and will retire at the annual shareholder meeting scheduled for November 2 in Las Vegas.

"The company expresses its gratitude for his many valuable contributions," Wynn Resorts said in a filing with the Securities and Exchange Commission. "There are no disagreements between Moran and the company that caused or contributed to his decision."

Moran is president of Rutherford-Moran Exploration Co., a Los Angeles-based wholly owned subsidiary of Chevron Thailand Inc., formerly Rutherford-Moran Oil Corp. He has also been senior adviser to Catalytic Capital Investment Corp., since its founding in 2006, and an adviser to Catalytic Capital LLC.

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