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MGM RESORTS INTERNATIONAL CHIEF OPERATING OFFICER COREY SANDERS TO RETIRE AFTER MORE THAN 30 YEARS OF SERVICE

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MGM Resorts International (NYSE: MGM) announced that Chief Operating Officer Corey Sanders will retire after more than 30 years of service. Sanders will continue as COO through December 31, 2025, followed by an advisory role to the CEO through December 31, 2026.

As COO, Sanders oversees Las Vegas and regional properties, along with corporate departments including Hospitality, Gaming, Human Resources, and Strategic Initiatives. His extensive career at MGM included roles as Chief Financial Officer, Treasurer, and various executive positions across the company's operations. MGM plans to announce Sanders' successor later this month.

MGM Resorts International (NYSE: MGM) ha annunciato che il Chief Operating Officer Corey Sanders andrà in pensione dopo oltre 30 anni di servizio. Sanders rimarrà in carica come COO fino al 31 dicembre 2025 e, successivamente, assumerà un ruolo di consulente per l'amministratore delegato fino al 31 dicembre 2026.

Nel ruolo di COO, Sanders coordina le proprietà di Las Vegas e quelle regionali, oltre ai dipartimenti aziendali come Ospitalità, Gaming, Risorse Umane e Iniziative Strategiche. La sua lunga carriera in MGM comprende incarichi di Chief Financial Officer, Tesoriere e altre posizioni dirigenziali operative. MGM renderà noto il suo successore entro la fine del mese.

MGM Resorts International (NYSE: MGM) anunció que el Director de Operaciones Corey Sanders se retirará tras más de 30 años de servicio. Sanders seguirá como COO hasta el 31 de diciembre de 2025 y luego desempeñará un papel de asesor para el CEO hasta el 31 de diciembre de 2026.

Como COO, Sanders supervisa las propiedades de Las Vegas y las regionales, junto con departamentos corporativos como Hospitalidad, Juegos, Recursos Humanos e Iniciativas Estratégicas. Su extensa trayectoria en MGM incluye cargos como Director Financiero, Tesorero y diversas posiciones ejecutivas en las operaciones de la compañía. MGM anunciará a su sucesor a lo largo de este mes.

MGM Resorts International (NYSE: MGM)은 최고운영책임자(COO)인 코리 샌더스가 퇴임한다고 발표했습니다. 샌더스는 30년 이상 근무한 뒤 2025년 12월 31일까지 COO로 재임하고, 이후 2026년 12월 31일까지 CEO 자문 역할을 맡습니다.

COO로서 샌더스는 라스베이거스 및 지역 지점들과 함께 호스피탈리티, 게임, 인사 및 전략적 이니셔티브 등 본사의 여러 부서를 총괄합니다. MGM에서의 그의 풍부한 경력에는 최고재무책임자(CFO), 재무담당(Treasurer) 및 다양한 운영 임원직이 포함됩니다. MGM은 이달 중 샌더스의 후임을 발표할 예정입니다.

MGM Resorts International (NYSE: MGM) a annoncé que le directeur des opérations Corey Sanders prendra sa retraite après plus de 30 ans de service. Sanders restera COO jusqu'au 31 décembre 2025, puis occupera un rôle de conseiller auprès du PDG jusqu'au 31 décembre 2026.

En tant que COO, Sanders supervise les établissements de Las Vegas et régionaux, ainsi que les départements corporatifs tels que l'Hospitalité, le Gaming, les Ressources Humaines et les Initiatives Stratégiques. Sa longue carrière chez MGM inclut des fonctions de directeur financier, trésorier et divers postes exécutifs opérationnels. MGM annoncera son successeur plus tard ce mois-ci.

MGM Resorts International (NYSE: MGM) gab bekannt, dass Chief Operating Officer Corey Sanders in den Ruhestand treten wird, nachdem er mehr als 30 Jahre im Unternehmen war. Sanders bleibt bis zum 31. Dezember 2025 als COO im Amt und wird anschließend bis zum 31. Dezember 2026 in einer beratenden Funktion für den CEO tätig sein.

In seiner Funktion als COO verantwortet Sanders die Standorte in Las Vegas und die regionalen Anlagen sowie Unternehmensbereiche wie Hospitality, Gaming, Personalwesen und Strategische Initiativen. Seine langjährige Karriere bei MGM umfasste Tätigkeiten als Chief Financial Officer, Treasurer und verschiedene Führungspositionen in den operativen Bereichen. MGM wird den Nachfolger noch in diesem Monat bekannt geben.

Positive
  • Smooth transition plan with Sanders remaining as COO through 2025 and advisor through 2026
  • Orderly succession process with new COO announcement expected this month
  • Demonstrates strong internal leadership development with Sanders' 30-year career progression
Negative
  • Loss of experienced executive with over 30 years of company knowledge
  • Potential disruption in operational leadership during transition

LAS VEGAS, Sept. 5, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today that Corey Sanders, Chief Operating Officer, will retire from the company after more than 30 years of dedicated service and leadership. Sanders has agreed to remain COO through Dec. 31, 2025, and to serve as an advisor to the President and CEO through Dec. 31, 2026. The Company intends to name a new COO to serve as Sanders' successor later this month.

"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," said Bill Hornbuckle, President & CEO, MGM Resorts. "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."

Sanders is currently MGM Resorts' Chief Operating Officer, overseeing the company's Las Vegas and regional properties as well as multiple corporate departments, including Hospitality, Gaming, Human Resources and Strategic Initiatives. Prior to that, he served as the company's Chief Financial Officer and Treasurer. In his tenure with MGM Resorts, Sanders has also served as Chief Operating Officer for the company's Core Brands, Executive Vice President of Operations for MGM MIRAGE, Executive Vice President and Chief Financial Officer for MGM Grand Resorts, Executive Vice President and CFO for MGM Grand, Assistant Vice President of Corporate Finance and Tax Director for MGM Grand.

ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers sports betting and online gaming in North America through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary, LV Lion Holding Limited, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe and Brazil. The Company is currently pursuing targeted expansion in Asia through an integrated resort development in Japan. Through its Focused on What Matters philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on X as well as Facebook and Instagram.

FORWARD LOOKING STATEMENTS
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in the MGM's public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, MGM's expectations regarding the timing of future succession related announcements. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks related to the effects of economic conditions and market conditions in the markets in which MGM operates; the significant competition within the gaming and entertainment industry; MGM's ability to execute on its business plan; changes in applicable laws or regulations; other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements

MGM RESORTS CONTACT:
News Media
media@mgmresorts.com 

 

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SOURCE MGM Resorts International

FAQ

When is MGM Resorts COO Corey Sanders retiring?

Corey Sanders will retire as COO on December 31, 2025, but will continue serving as an advisor to the CEO through December 31, 2026.

Who will replace Corey Sanders as MGM Resorts COO?

MGM Resorts plans to announce a new COO later in September 2025 to serve as Sanders' successor.

What positions did Corey Sanders hold at MGM Resorts?

Sanders held multiple executive positions including Chief Operating Officer, Chief Financial Officer, Treasurer, Executive VP of Operations, and various other leadership roles during his 30-year tenure.

What departments did Corey Sanders oversee as MGM COO?

As COO, Sanders oversaw Las Vegas and regional properties, plus corporate departments including Hospitality, Gaming, Human Resources, and Strategic Initiatives.

How long did Corey Sanders work at MGM Resorts?

Corey Sanders worked at MGM Resorts for more than 30 years, holding various leadership positions throughout his tenure.
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