MGM China loses non-executive director

The company revealed that William Scott has resigned as a non-executive director.

China.- MGM China has revealed that William Scott has resigned as a non-executive director of the company. Effective from last week, the executive is no longer an authorised representative of the company and will be replaced by William Hornbuckle.

The statement from the company detailed that the resignation was due to having mutually agreed the termination of his position with MGM Resorts International and the company. MGM claims that there is no disagreement between Scott and the other members of the board.

Moreover, the company revealed earlier this week that Chief Financial Officer Dan D’Arrigo has stepped down from his position at the company but will continue to work for MGM for the next month.

D’Arrigo, who worked for MGM Resorts for more than two decades, has decided to leave the company after it offered a resignation programme in its MGM 2020 cost-cutting scheme. Despite his resignation, D’Arrigo will continue working for MGM for the next month in an advisory role.