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MGM Resorts Appoint Hornbuckle As CEO With Immediate Effect
31st July 2020 by Josh Stewart
With immediate effect, MGM Resorts International has appointed William J Hornbuckle as its President and CEO. He has served as Acting CEO and President since March 2020 and is replacing former Chairman and CEO Jim Murren, who left earlier this year. Hornbuckle was also appointed, effective immediately, to serve on the company's board of directors.
Paul Salem, Chairman of the Board of Directors said: "After a thorough national search, the board unanimously concluded that Bill is the best candidate to lead MGM Resorts through these immensely challenging times and into a more promising future.
He added: "There are few tests of leadership greater than what Bill has faced. His seasoned global experience, depth of knowledge and steady hand have provided reassurance and confidence to our employees, partners, guests and shareholders during one of the most difficult periods in the history of our company. He has fully earned the opportunity before him."
Of his appointment Hornbuckle said: "I am honoured to lead this company as we look toward long-term recovery, future growth and opportunity. In doing so, I am especially mindful of the thousands of MGM Resorts employees who have been profoundly impacted by the current circumstances.
"Their dedication to the company's mission and safety allows guests from around the world to experience moments of happiness and hospitality amid uncertain times. I am here today presented with this leadership role due to the tremendous accomplishments, passion and courage of our people.
"While we will continue to operate in this new normal for the near term, fundamentally I am incredibly optimistic about the future of our company and our industry. We will remain focused on taking care of our guests and each other as we look toward our best days ahead."
Hornbuckle is currently the executive director and board chairman of MGM China Holdings, a highly respected veteran of the gaming industry. He is also the President of the Board of Directors of the CityCenter JV Board of Directors (a joint venture with Dubai World), and is a member of the Board of Directors of the Las Vegas Stadium Authority.
Categories General News Tags MGM Resorts International, William J Hornbuckle