MGM China CEO and Executive Director Grant Bowie has announced he will retire from the role of Chief Executive Officer, effective 31 May 2020.
In a filing with the Hong Kong Stock Exchange, MGM China said that Bowie had “decided not to extend his contract and elected to step down earlier to match with his personal retirement plans.”
He will, however, remain as Executive Director for the duration of a yet to be determined handover period. Bowie will also continue in an advisory role through to 31 December 2022.
IAG understands that Bowie, who opened Wynn Macau in 2006 before joining MGM shortly after the launch of MGM Macau in 2008, informed all MGM China staff of his retirement by email on Monday before the decision was made public.
MGM said Bowie had “expressed his gratitude to the Board, particularly Mr Bill Hornbuckle and Ms Pansy Ho, the Company and MGM Resorts for this opportunity and their support over the years. He also expressed his appreciation of the entire MGM China team and has much confidence that it will continue to take the Company to great heights.”
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