Wynn Resorts GC Kim Sinatra to Leave Top Lawyer Post

[caption id="attachment_16474" align="alignleft" width="245"]

Kim Sinatra. Courtesy photo. [/caption] Kim Sinatra, the embattled general counsel of Wynn Resorts, will be stepping down from her role as the leader of the Las Vegas-based company’s legal department, according to a U.S. Securities and Exchange Commission filing. Sinatra has been under increased scrutiny in recent months since being named in legal proceedings around former Wynn CEO Steve Wynn's alleged sexual misconduct. On Thursday, the company filed papers with the SEC indicating that Sinatra will be leaving her post on July 15. The terms of her departure have not yet been worked out, according to the filing. It's unclear whether she will remain at Wynn in another capacity. Sinatra did not immediately respond to a request for comment Friday. A Wynn representative declined to comment beyond the 8-K filing. According to a report in the Wall Street Journal, Ellen Whittemore will be taking over as the new general counsel. Whittemore is an attorney at Brownstein Hyatt Farber Schreck in Las Vegas and is known for her gaming law and regulatory practice. In the past she has represented companies before the Nevada Gaming Control Board and the Nevada Gaming Commission. Sinatra has been with Wynn Resorts since 2004 and was among the highest-paid executives in Las Vegas in 2017, the Las Vegas Sun has reported, with total compensation of $2.6 million. Back in February, she was named in a shareholder derivative suit that claimed she participated in covering up a $7.5 million settlement between Wynn and a woman who alleged that the former CEO forced her to have sex with him. The complaint claimed that Sinatra “breached her fiduciary duties by concealing and failing to police, investigate and act as the company’s chief legal officer to address the known credible allegations of intentional egregious misconduct and violations of the law” by the casino CEO. Later in the year, Wynn’s ex-wife, Elaine, testified in a Nevada court that when she went to Sinatra to speak to her in 2009 about sexual assault claims made by an employee against Wynn based on an incident that allegedly happened four years earlier, Sinatra brushed it off. The mogul's former wife said Sinatra responded that the claims “had been discussed by attorneys and that it was deemed not to have been an issue of concern for the company, that it had been handled personally, and therefore, it had been resolved.” In response to Elaine Wynn’s accusations, Sinatra said in a statement in March that Elaine Wynn did not tell her about the assault allegations and that she disagreed "vehemently" with the testimony. “In the relevant conversation in which she promised to destroy Steve Wynn and said she didn’t care if that reduced the company’s stock price to zero in the process, Elaine Wynn made an oblique reference to a settlement, and nothing more," Sinatra said. "Elaine Wynn has repeatedly used the broad protection of the litigation privilege to unjustly smear my reputation."

Advertisement