Published on : Monday, August 3, 2020
William (Bill) J. Hornbuckle has been elected as the CEO and President of MGM Resorts International. The announcement was recently made by the board of directors of MGM Resorts International. Hornbuckle has been serving as the acting CEO and President of the company since March 2020 succeeding Jim Murren.
Hornbuckle was also the resident and Chief Operating Officer of MGM Resorts International when the company developed its $960 million MGM Springfield Resort casino in city’s South End. During the critical crisis of the COVID-19 pandemic, he warned of thousands of potential layoffs across the company and took a huge sum of pay cut. He has even agreed to receive his new salary in stock instead of cash.
Mr. Hornbuckle also served as President and Chief Operating Officer of Mandalay Bay Resort & Casino and had previously served as President and Chief Operating Officer of MGM Resorts International-Europe, where he worked on the development of the Company’s gaming operations in the United Kingdom. He also served as President and Chief Operating Officer of MGM Grand Las Vegas from 1998 to 2001.
Prior to MGM Grand Las Vegas, he was the President and Chief Operating Officer at Caesars Palace, Las Vegas. He spent the majority of his career with Mirage Resorts in various senior management positions, including President and Chief Operating Officer of the Golden Nugget Laughlin, Executive Vice President and Chief Operating Officer of Treasure Island and Vice President of Hotel Operations for The Mirage, opening the hotel in 1989.
Bill holds a Bachelor of Science Degree in Hotel Administration and has graduated from the University of Nevada, Las Vegas. He also serves as the Board of Trustees for Three Square Food Bank and is a founder of Bank of George, a local banking institution. From 1999 to 2003, he also served as a Board Member of the Las Vegas Convention and Visitors Authority. Hornbuckle said in a recent press statement that he is honoured to lead the company as it looks toward long-term recovery, future growth and opportunity.