Wynn Resorts Will Not Pay Steve Wynn Severance According to the filing, Mr. Wynn signed an agreement that included a clause barring him from competing against Wynn Resorts for two years and requiring him to provide “reasonable cooperation and assistance” to the company in any investigation related to his tenure. Mr. Wynn resigned as chairman and chief executive on Feb. 6 after The Wall Street Journal published a report citing decades of misconduct, including allegations that he had demanded naked massages from female employees and pressured some for sex Steve Wynn, who recently stepped down amid sexual harassment allegations as the head of the casino empire that bears his name, will not receive a severance package, according to the company.