Jim Murren to step down as chairman and CEO of MGM Resorts

13 February 2020

(PRESS RELEASE) -- MGM Resorts International today announced that Jim Murren, Chairman and Chief Executive Officer, has informed the Company's Board of Directors that he will step down from his position as Chairman and Chief Executive Officer of the Company prior to the expiration of his contract.

Mr. Murren will continue to serve in his current leadership roles until a successor is appointed. The Board has formed a committee of independent directors to conduct the search process. The committee is working with a nationally recognized executive search firm to promptly identify and evaluate candidates to assume the role of Chief Executive Officer.

"On behalf of the entire MGM Resorts Board of Directors, I want to thank Jim for his years of dedication to the Company and the community," said Roland Hernandez, Lead Independent Director of the MGM Resorts Board of Directors. "Jim has led the Company through growth, transforming it into a global entertainment company with a worldwide footprint and creating value for MGM Resorts shareholders. As CEO, he has spearheaded significant achievements across our properties, including the development of the CityCenter destination and has turned resorts into showcases of entertainment and sophisticated architecture.

The Board is focused on continuing to create long-term value for MGM Resorts shareholders. The search committee, along with the entire Board, will be dedicating significant attention and resources towards identifying and naming Jim's successor. Jim will continue to lead the Company during this process. We will also look to the talented management team in place to help guide the Company into this next chapter."

"Leading MGM Resorts has been the most rewarding and fulfilling experience in my professional career," said Mr. Murren. "It has been an honor to work with such a talented group of men and women who provide millions of guests with memorable life experiences every day all over the world. We have a solid leadership team in place, and I am confident that they will work with my successor to continue the Company's trajectory of growth and expansion. Until my successor is named, I will continue to lead this Company just as I always have and will remain focused on executing our strategy and am fully committed to supporting a seamless transition."

Mr. Murren has served as Chairman and CEO of MGM Resorts since 2008 and has been with the Company since 1998. His impact and leadership has shaped not only MGM Resorts, but also Las Vegas as a whole. He was instrumental in the establishment of professional sports in Las Vegas, and he was deeply involved in the building of T-Mobile Arena and bringing the Vegas Golden Knights, the Las Vegas Aces and the Las Vegas Raiders to the city. Mr. Murren was an early and strong supporter of diversity, inclusion, and sustainability in Las Vegas. As CEO of MGM Resorts, he oversaw a period of responsible construction unique to the industry.

CityCenter remains one of the world's largest green developments, specifically designed to reduce energy consumption, and MGM has been recognized 14 consecutive years by Diversity, Inc. as a top company for diversity. Mr. Murren also has led the MGM Resorts' expansion in Asia, with the opening of two properties in Macau and the current effort to obtain a license in Osaka, Japan.

Related Links
MGM Resorts International Gaming Vendor Information

Featured Vendors
GamblersPick
Casino City Press
GamblersPick
Share & Read other players' reviews! A top player community-driven portal for online casinos.
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Sunkist Graphics, Inc.
Talisman Group Creators of EZ Baccarat
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Rymax Marketing Services, Inc.
TribalHub
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
TribalHub
25th Annual TribalNet Conference Sept 16-19, 2024 Westgate Las Vegas
Regulatory Management Counselors, PC
Imagine This
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Top One Tech Limited
Texas Slots & Gaming
Top One Tech Limited
Global Touch solution partner of choice, 10+ years OEM manufacturing, 100,000+ units application
Texas Slots & Gaming
Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.
Oklahoma Indian Gaming Association (OIGA) Conference
Slot Machines Unlimited
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: August 12-14, 2024 Oklahoma City
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Casino Network
AmericanChecked
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Shenzhen ZhengYuanTai Technology Co., Ltd.
Players Pal
Shenzhen ZhengYuanTai Technology Co., Ltd.
14 years experienced gaming display manufacturer: open frame, curved, and halo monitors
Players Pal
Revolutionize the way you connect with your casino players with the Players Pal mobile app
House Tech Ads
OCR - Online Casino Reports
House Tech Ads
Drive quality casino-gambling traffic to your brand from over 70 countries from our premium assets!
OCR - Online Casino Reports
Delivers highly targeted casino traffic from over 70 countries! Get your casino listed today at OCR!
Betson Imperial Parts & Service
Dable Advisory & Consulting Services
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Dable Advisory & Consulting Services
Advisory & consulting services services for Indigenous entrepreneurs, businesses & organizations
Casino Schedule Ease
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts


Your Guide to 14,931 Gaming Industry Suppliers