MGM Resorts Appoints Bill Hornbuckle As Acting CEO

[image credit : MGM Resorts International]

MGM Resorts International has appointed Bill Hornbuckle as acting Chief Executive Officer. He currently holds the posts of President and Chief Operating Officer of MGM.

Outgoing Chief Executive Officer Jim Murren, who announced his plans to leave last month, stepped down from his post. MGM Resorts said board member Paul Salem, of Providence Equity Partners, will succeed Murren as chairman.

“It is clear that once the threat to the public health has subsided and we are ready to reopen our resorts and casinos, it will take an incredible effort to ramp back up. We believe continued steady, skilled leadership is needed in this time of great upheaval and uncertainty,” Salem said in a statement.

MGM Resorts and other casino operators have closed down temporarily in response to the spreading of coronavirus.

bitcoin
Bitcoin (BTC) $ 9,642.16 1.37%
ethereum
Ethereum (ETH) $ 244.02 3.18%
tether
Tether (USDT) $ 1.00 0.08%
ripple
XRP (XRP) $ 0.204954 1.09%
bitcoin-cash
Bitcoin Cash (BCH) $ 257.79 4.01%
bitcoin-cash-sv
Bitcoin SV (BSV) $ 196.28 1.24%
litecoin
Litecoin (LTC) $ 47.83 4.42%
cardano
Cardano (ADA) $ 0.087431 11.62%
binancecoin
Binance Coin (BNB) $ 17.52 1.97%
eos
EOS (EOS) $ 2.74 3.29%
S&P 500  ^GSPC 
$3,122.87  $42.05  (1.36%)
Dow Jones Industrial Average  ^DJI 
$26,269.89  $527.24  (2.05%)
NASDAQ Composite  ^IXIC 
$9,682.91  $74.54  (0.78%)
Russell 2000  ^RUT 
$1,452.09  $33.88  (2.39%)
Crude Oil Jul 20  F*CL.NYM 
$36.51  $0.7800  (-2.09%)
   
$0.0000  $0.0000  (0.00%)