Wynn Macau names Linda Chen president ahead of new licensing bids
Wynn Macau said on Wednesday that prominent Chinese businesswoman Linda Chen would become president of the company in March 2023, a move that comes ahead of a key bidding war for new licenses in the world’s biggest gambling hub.
Chen will succeed Ian Coughlan who has decided to transition to a role as an advisor to the company, according to a statement posted to the Hong Kong stock exchange.
Chen has close ties to officials in China and the special administrative region of Macau, sitting on the Nanjing Committee of the Chinese People’s Political Consultative Conference, a political advisory board.