MGM MIRAGE Appoints Aldo Manzini Executive Vice President and Chief Administrative Officer
08 Março 2007 - 4:30PM
PR Newswire (US)
Long-time Disney Executive Brings Global Experience to Newly
Created Position LAS VEGAS, March 8 /PRNewswire-FirstCall/ -- MGM
MIRAGE (NYSE:MGM) today announced that Mr. Aldo Manzini has been
named to the newly created position as the company's Executive Vice
President and Chief Administrative Officer. This addition to senior
company management will bring strategic coordination to the
company's administrative functions. Mr. Manzini will oversee
multiple corporate departments providing significant administrative
support to the company's operations and corporate endeavors. Among
the departments reporting to Mr. Manzini: Human Resources,
Information Technology, Procurement, Purchasing, Risk Management,
Call Operations, Loyalty Marketing, Advertising and Public Affairs.
"Mr. Manzini brings to MGM MIRAGE impressive credentials and
accomplishments in this new position," said Terry Lanni, Chairman
of the Board and CEO of MGM MIRAGE. "His knowledge of efficiently
building our international capabilities will assist us in taking
advantage of the myriad strategic growth opportunities we are
considering." After graduating from Oxford University in 1984, Mr.
Manzini went on to receive his MBA in Finance from the University
of Chicago, Graduate School of Business in 1988. Mr. Manzini comes
to MGM MIRAGE after an accomplished tenure with the Walt Disney
Company. Serving as that company's Senior Vice President for
Strategic Planning, he led corporate development and strategy in
Consumer Products, Theme Parks and Corporate Alliances. From his
strategic planning position, Mr. Manzini touched many areas of
Disney's global business interests, including specialty retail,
cruise line and theme park resort operations, integration of
publishing operations, development of new avenues in electronic
media and both the development and financial restructuring of
overseas operations. Mr. Manzini is an experienced competitor on
the global business playing field. He speaks several languages and
worked overseas in Europe and on recent development projects in
Asia. MGM MIRAGE (NYSE:MGM), one of the world's leading and most
respected hotel and gaming companies, owns and operates 23
properties located in Nevada, Mississippi and Michigan, and has
investments in three other properties in Nevada, New Jersey and
Illinois. The Company has entered into agreements to sell its three
Primm Valley Resort properties located in Primm, Nevada and its
Colorado Belle and Edgewater properties located in Laughlin,
Nevada. In addition, the Company has major new developments under
construction in Nevada, Michigan and Macau S.A.R. CityCenter is a
multi-billion dollar mixed-use urban development in the heart of
the Las Vegas Strip; a new MGM Grand hotel and casino complex is
being built in downtown Detroit; and the Company has a 50% interest
in MGM Grand Macau, a hotel-casino resort currently under
construction in Macau S.A.R. MGM MIRAGE supports responsible gaming
and has implemented the American Gaming Association's Code of
Conduct for Responsible Gaming at its properties. MGM MIRAGE also
has been the recipient of numerous awards and recognitions for its
industry-leading Diversity Initiative and its community
philanthropy programs. For more information about MGM MIRAGE,
please visit the company's website at http://www.mgmmirage.com/.
Statements in this release which are not historical facts are
"forward looking" statements and "safe harbor statements" Under the
Private Securities Litigation Reform Act of 1995 that involve risks
and/or uncertainties, including risks and/or uncertainties as
described in the company's public filings with the Securities and
Exchange Commission. DATASOURCE: MGM MIRAGE CONTACT: Investors,
James J. Murren, President, Chief Financial Officer &
Treasurer, +1-702-693-8877, or Media, Alan M. Feldman, Senior Vice
President, Public Affairs, +1-702-891-7147, both of MGM MIRAGE Web
site: http://www.mgmmirage.com/
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