MGM Resorts International announced Thursday that it has reached a new employment agreement with CEO and President Bill Hornbuckle through the end of 2028. As part of his new employment contract, the company has agreed to offer Hornbuckle an advisory agreement at the end of the term to assist with its integrated resort project in Osaka, Japan, until its opening.
“Bill is an exceptional visionary leader who successfully guided the company through the pandemic, while also positioning the business for long-term growth through new digital ventures, strategic M&A opportunities, and expansion into new international markets,” said Paul Salem, chairman of the MGM Resorts Board of Directors. “Bill has earned the trust, respect, and admiration of his employees, peers, shareholders, and this Board. We’re thrilled that he has agreed to remain in his role for the foreseeable future.”
As CEO, Hornbuckle oversees all aspects of MGM Resorts’s strategy, operations, and hospitality, gaming, and digital development projects globally. He’s a member of MGM Resorts’s Board of Directors and serves as co-chairman of the Board of Directors of MGM China Holdings, which operates resorts in Macau.
Hornbuckle is also chair of the U.S. Travel Association, a nonprofit organization focused on growing travel and tourism to the United States, and he previously served as chairman of the U.S. Travel and Tourism Advisory Board, which advises the U.S. Secretary of Commerce on policy, regulation, programs, and issues that impact the travel and tourism industry in the United States.
Hornbuckle said he’s honored to continue leading the company during what he called an exciting time of both digital growth and resort expansion in places like New York, Japan, Brazil, and the Middle East.
“Our best days remain in front of us, and I’m thankful to our Board for their continued trust and support,” Hornbuckle said. “The success we’ve enjoyed over the last five years is a testament to our leadership team and our employees who have embraced our culture of guest-centricity and continuous improvement. Together, we will continue to pursue our vision to be the world’s premiere gaming entertainment company.”
