MGM Resorts International has announced that chief operating officer (COO) Corey Sanders is set to retire from the company after more than 30 years of service.
He will remain in the role until 31 December 2025, to help with the transition.
Sanders will then move to the role of advisor to the president and CEO Bill Hornbuckle until 31 December 2026.
The operator has confirmed that the search for the outgoing COO’s replacement has already started, with an announcement expected to be made by the end of the month.
During his 30-year tenure, Sanders held various roles within the company.
Prior to becoming COO, a role he was appointed to in 2010, Sanders served as the company’s CFO and treasurer.
He also worked as COO for the operator’s core brands, as well as executive vice-president of operations for the MGM Mirage venue before it was sold to Hard Rock International in 2021.
Sanders was also executive vice-president and CFO for MGM Grand Resorts, and held several senior roles pertaining to the MGM Grand property including executive vice-president and CFO, assistant vice-president of corporate finance, and tax director.
Speaking about Sanders’ departure, Hornbuckle said: “It’s impossible to overstate what Corey has meant to this company over the last 30-plus years.
“He has been a constant presence, providing foundational leadership for all the key moments that have defined our history – from our acquisitions of Mirage Group and Mandalay Resort Group to our regional property openings and expansions like Springfield, National Harbor, Empire City and Borgata.
“More importantly, Corey helped us put all the different pieces together to create one company and one culture. As a leader and as a person, Corey understood the importance of caring for employees and treating people with respect. He will be deeply missed.”
Back in May, Hornbuckle himself committed his short-term future to the company by signing a new three-year contract through to December 2028.
MGM Resorts also offered Hornbuckle an advisory agreement at the end of the contract term, whereby he will assist with the company’s integrated resort project in Osaka, Japan, until its opening.
Arnold Ash is EGR’s Executive Recruitment Partner. They support ambitious organisations to identify and attract industry leading executive talent. Find out more here.
The post MGM Resorts COO to step down after 30 years first appeared on EGR Intel.
Corey Sanders will retire from the operator by the end of 2025, transitioning to an advisory role with a successor set to be named later this month
The post MGM Resorts COO to step down after 30 years first appeared on EGR Intel.