MGM Resorts International announced that Chief Operating Officer and president Bill Hornbuckle has been named acting CEO and president, replacing outgoing chairman and CEO Jim Murren. Murren informed the company’s board of directors in early February of his plans to step down prior to the expiration of his contract, and in light of the public health crisis gripping the nation and the travel industry, has vacated the position as of Sunday.
A four-decade veteran of the gaming industry, Hornbuckle is currently an executive committee member and the chair of the board of directors of MGM China Holdings with operations and resorts in Macau. He was previously chief marketing officer of MGM Resorts International from 2009 until 2012. From 2005 until August 2009, Hornbuckle served as president and COO of Mandalay Bay Resort & Casino. He also served as president and COO of MGM Resorts International-Europe, where he worked on the development of the company’s gaming operations in the United Kingdom, and as president and COO of MGM Grand Las Vegas from 1998 to 2001.
Paul Salem, who currently is a member of the MGM Resorts Board of Directors and chair of the real estate committee of MGM Resorts, will replace Murren as the chair of the Board of Directors.
Photo: Courtesy of MGM