Bill Hornbuckle, CEO and president, MGM Resorts International
MGM Resorts International made permanent its promotion of Bill Hornbuckle as the company's acting CEO and president. Hornbuckle took on the role in March, replacing chairman and CEO Jim Murren, who stepped down before the end of his contract, which had been slated to go through the end of 2021. Hornbuckle has been added to the company's board of directors, as well.
"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," said Paul Salem, a senior managing director emeritus for Providence Equity and chairman of MGM's board of directors. "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."
At press time, MGM had reopened the following properties, each with a limited number of rooms and select amenities available: Aria, Bellagio, Excalibur, Luxor, Mandalay Bay, the Delano (at Mandalay Bay), MGM Grand Las Vegas, New York-New York, The Signature, and the Vdara Hotel & Spa. Pool areas and fine-dining restaurants are opening as well, although some amenities remain limited.
Hornbuckle has been in the gaming industry for more than four decades. In addition to his previous role as COO and president, he was a member of the board of directors for MGM China Holdings and board member for MGM Growth Properties, CityCenter and the Las Vegas Stadium Authority. He was MGM's chief marketing officer from 2009 to 2012, and president and COO of Mandalay Bay Resort & Casino from 2005 until 2009. He has been an executive with the company since the late 1990s, and before that held executive roles with Caesars Palace and Mirage Resorts.
"I am honored to lead this company as we look toward long-term recovery, future growth and opportunity," said Hornbuckle. "In doing so, 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."