MGM Resorts International has announced the retirement of its long-serving Chief Financial Officer Corey Sanders after 30 years with the company.
Sanders, who first joined MGM as tax director of MGM Grand in Las Vegas in 1994, will remain as CFO until 31 December 2025 and as an advisor to the President and CEO through 31 December 2025. A new CFO will be named later this month, the company explained.
“It’s impossible to overstate what Corey has meant to this company over the last 30-plus years,” said MGM President and CEO, Bill 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 noted that during his 30-plus years with the company, Sanders has also served CFO and Treasurer, as Chief Operating Officer for core brands, and as Executive Vice President of Operations for MGM MIRAGE, Executive Vice President and CFO for MGM Grand Resorts, Executive Vice President and CFO for MGM Grand, and Assistant Vice President of Corporate Finance and Tax Director for MGM Grand.
In his current role as CFO he oversees MGM’s Las Vegas and regional properties as well as multiple corporate departments, including Hospitality, Gaming, Human Resources and Strategic Initiatives.