MGM Resorts International has confirmed that the company’s long-serving chief operating officer (COO), Corey Sanders, will be retiring at the end of this year.
Sanders has spent more than 30 years at MGM Resorts, overseeing the company’s Las Vegas and regional properties, as well as multiple corporate departments.
Prior to his appointment as COO, he served as chief financial officer and Treasurer, alongside various other senior executive roles at MGM Mirage and MGM Grand.
He will remain as COO through December 31 and serve as an advisor to MGM Resorts president and CEO Bill Hornbuckle through to the end of 2026.
“It’s impossible to overstate what Corey has meant to this company over the last 30-plus years,” said Hornbuckle. “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.”
MGM Resorts intends to name a new COO to serve as Sanders’ successor later this month.
Shares in MGM Resorts International (NYSE:MGM) closed 0.95 per cent lower at $36.68 per share in New York Friday.