leadership
confidence high
sentiment neutral
materiality 0.55
MGM COO Corey Sanders to retire, transition to senior advisor; new COO to be named in September
MGM Resorts International
- Sanders remains COO through Dec 31, 2025, then serves as Senior Advisor to CEO through Dec 31, 2026.
- Advisory term: $25,000 monthly salary and up to $200,000 bonus; no compensation change during COO term.
- Company expects to name a new COO later this month (September 2025).
- Sanders previously held roles including CFO and Treasurer; oversaw Las Vegas and regional operations.
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