MGM Resorts (MGM) Misses Q4 EPS by 18c

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MGM Resorts CEO Jim Murren to step down before contract ends

February 12, 2020 4:42 PM EST

(Reuters) - MGM Resorts International's (NYSE: MGM) Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday.

Murren will remain CEO and chairman until a successor is named. MGM's board has... More

MGM Resorts (MGM) Chairman and CEO Jim Murren to Step Down

February 12, 2020 4:13 PM EST

MGM Resorts International (NYSE: MGM) 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... More