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Corey Sanders Retirement: MGM Resorts COO Transition

Corey Sanders Retirement: MGM Resorts COO Transition

MGM Resorts International is preparing for a significant leadership transition with the upcoming retirement of Corey Sanders, a longtime executive who has played a pivotal role in the company’s success. Sanders, currently the Chief Operating Officer, will be stepping down on December 31, 2023, marking the end of an impressive 30-year tenure at MGM Resorts. During his final months, he will continue to serve as an advisor to the President and CEO, Bill Hornbuckle, extending his guidance and expertise through December 31, 2026. The company anticipates selecting a new COO later this month, signaling a strategic moment for MGM Resorts to shape its future direction. Sanders’s leadership has been instrumental in shaping MGM’s expansive portfolio, overseeing a vast network of properties including those in Las Vegas and across the region. Specifically, he has directly managed MGM Resorts’ Las Vegas and regional properties, along with the critical corporate hospitality, gaming, human resources, and strategic initiatives departments. His contributions have been particularly impactful, guiding the company through numerous milestones and expansions. Sanders’s tenure has been inextricably linked to some of MGM’s most significant achievements, from the transformative acquisitions of the Mirage Group and the Mandalay Resort Group, to the successful openings and expansions of key regional properties. These include the vibrant Springfield, the sophisticated National Harbor, the dynamic Empire City, and the iconic Borgata. These expansions demonstrate Sanders’s strategic vision and operational prowess, consistently driving growth and enhancing MGM’s competitive position. Throughout his career, Sanders has held various leadership roles, including his previous position as Chief Financial Officer and Treasurer at MGM Resorts. He previously served as the Chief Financial Officer for both the MGM Grand and the MGM Grand Resorts division, demonstrating a deep understanding of the company’s financial operations. His experience and insight have been invaluable in navigating complex financial landscapes and ensuring MGM’s financial stability and prosperity. MGM Resorts’ success is deeply rooted in the leadership of individuals like Corey Sanders, and his departure represents a pivotal moment.

The company’s position as the largest casino operator on the Las Vegas Strip and the largest employer in Nevada underscores the magnitude of this transition. Looking ahead, MGM Resorts is committed to building upon the legacy of its leaders and continuing to deliver exceptional experiences for its guests while maintaining its position as an industry innovator. The upcoming COO appointment will be a crucial step in ensuring the company’s sustained success and continued growth in the dynamic casino and hospitality sector. The company’s strategic focus remains on delivering unparalleled guest experiences, driving operational excellence, and fostering a culture of innovation – values that Corey Sanders has consistently championed throughout his remarkable career.