Melco Resorts Appoints John Wang Independent Director, Audit Chair

Melco Resorts & Entertainment Limited has appointed John Peter Ben Wang as an independent non-executive director effective June 13, 2025. Wang will serve as chairman of the company's audit and risk committee and join the compensation and nominating and corporate governance committees. He is recognized as an audit committee financial expert and brings extensive experience in finance, accounting, and investment banking, having previously served on Melco's board from 2006 to 2016. Lawrence Ho, Melco’s chairman and CEO, expressed enthusiasm about Wang's return, highlighting the value of his qualifications and experience. The appointment is part of Melco's efforts to strengthen corporate governance and regulatory compliance amid its operations across Asia and Europe. Additionally, Melco's stock shows positive outlook indicators with analysts recommending an outperform status and notable potential upside in value.