MGM Resorts International has announced a strengthening of its board of directors, with Keith Meister expanding the number of incumbents to 13.
Meister said after the appointment: “I look forward to work constructively with Jim, the management team and the board to help achieve our common goal of enhancing value for all shareholders.
” In my conversations with the management and the board with several months, it is clear that MGM is focused on profitable growth and with my experience in the Gaming industry and other similarly situated companies I can be helpful in amplifying these efforts.
“I expect to be a long term investor in MGM as we work collaboratively to build an even greater company.”
Jim Murren, Chairman and CEO Of MGM Resorts, said: “We are pleased to invite Keith onto the board as our newest independent director. As a significant shareholders in our company, we have been in engaged in constructive dialouge over the last several months and are all aligned on our strategy to increase free cash flow, continue to pursue an asset light model, drive margin improvement and position the company for long term future growth.