MGM Resorts International (NYSE: MGM) has announced the retirement of Corey Sanders, the Chief Operating Officer, after more than 30 years of dedicated service and leadership. Sanders will remain in his role through December 31, 2025, and will continue to serve as an advisor to the President and CEO through December 31, 2026. The company plans to name a new COO as Sanders' successor later this month.
During his tenure, Sanders has overseen the company's Las Vegas and regional properties, as well as multiple corporate departments including hospitality, gaming, human resources, and strategic initiatives. He has also previously served as the company's Chief Financial Officer and Treasurer, among other roles.
MGM Resorts International, an S&P 500® global gaming and entertainment company, operates 31 unique hotel and gaming destinations globally. The company's 50/50 venture, BetMGM, LLC, offers sports betting and online gaming in North America, while its subsidiary, LV Lion Holding Limited, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe and Brazil. MGM Resorts International is also pursuing targeted expansion in Asia through an integrated resort development in Japan.
The company is committed to creating a more sustainable future and making a bigger difference in the lives of its employees, guests, and the communities where it operates. MGM Resorts International has been recognized as one of Fortune® magazine's World's Most Admired Companies®. The market has reacted to these announcements by moving the company's shares -1.07% to a price of $36.635. For more information, read the company's full 8-K submission here.
