Summary
- John Peter Ben Wang, an executive with decades of experience, was recently appointed as an independent non-executive director at Melco.
- Alongside the previously mentioned role, he will also act as the chairman of Melco's Audit and Risk Committee and serve as a member of the company's Corporate Governance and Compensation Committees.
- Wang possesses extensive experience from decades of working in accounting and finance.
Melco Resorts and Entertainment Limited, a prominent developer, owner, and operator of integrated resorts in Europe and Asia, has announced a strategic senior-level appointment. The company confirmed on Friday that it has hired John Peter Ben Wang, an executive with extensive experience in finance.
Melco's new independent non-executive director will also assume several other important roles
Upon joining Melco, John Wang was appointed as an independent non-executive director, a crucial position within the company. His appointment became effective on June 13, 2025, as stated by the company. Besides serving as an independent non-executive director, Wang has taken on additional responsibilities, becoming the chairman of the audit and risk committee and a member of the corporate governance and compensation committees. Importantly, Melco's board has determined that Wang meets the criteria to be classified as an audit committee financial expert, according to the standards outlined in Item 16A of Form 20-F regulations. Lawrence Ho, the chairman and chief executive officer of Melco, expressed enthusiasm about Wang's joining, stating that welcoming someone of his expertise to the company's executive team is an exciting development, as reported by Casino House Group News via a press release. Melco is thrilled to have John Wang as one of our independent non-executive directors, said the CEO and chairman. He further emphasized that John's qualifications and experiences will significantly benefit the company.
The non-executive director has extensive experience and solid skills
Mr. Wang earned a bachelor's degree in accounting from the University of Kent at Canterbury, United Kingdom, graduating in 1982. In 1985, he became a chartered accountant through the Institute of Chartered Accountants in England and Wales. From 2004 to 2009, Wang gained extensive knowledge and experience in accounting, investment banking, and finance by holding several senior-level positions. He served as a director of Melco from November 2006 to August 2016. Additionally, between 2011 and 2019, Wang was the Deputy Chairman and Executive Director of Summit Ascent Holdings Limited, a company listed on the Hong Kong Stock Exchange.
