MGM’s board has announced the appointment its president Bill Hornbuckle the new CEO of the company.
US.- MGM Resorts International has announced Bill Honrbuckle’s appointment as CEO of the company, effective immediately.
It was an unanimous decision by the board of directors, chairman Paul Salem said.
Salem said in a statement: “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.
“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.”
Hornbuckle, has served in different positions in the company since 1998. He had been serving as Acting CEO Jim Murren’s retirement in March, and has been President since December 2012.
He said he was “honoured” with the appointment and while concerned about the current situation of the business due to pandemic felt optimisitic about the future.
He said: “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.”