MGM CEO goes

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MGM Re­sorts In­ter­na­tional’s Chair­man and Chief Ex­ec­u­tive Of­fi­cer Jim Mur­ren will step down be­fore the com­ple­tion of his con­tract at the end of 2021, but will re­main in the role un­til a suc­ces­sor is ap­pointed.

The com­pany’s Board of Direc­tors has formed a com­mit­tee of in­de­pen­dent direc­tors to work with an ex­ec­u­tive search firm to find a suc­ces­sor.

“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,” said the Board of Direc­tors’ Lead In­de­pen­dent Di­rec­tor Roland Her­nan­dez.

“As Chief Ex­ec­u­tive Of­fi­cer, he has spear­headed sig­nif­i­cant achieve­ments across our prop­er­ties, in­clud­ing the de­vel­op­ment of the Ci­tyCen­ter des­ti­na­tion.”

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