Daniel J. Taylor Elected to MGM MIRAGE Board of Directors
22 Março 2007 - 9:30AM
PR Newswire (US)
LAS VEGAS, March 22 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE:MGM)
today announced that Mr. Daniel J. Taylor has accepted an
invitation to join the Company's Board of Directors. Mr. Taylor was
elected to his new post by the MGM MIRAGE Board of Directors at
their regularly scheduled meeting held on March 20, 2007. "We are
very pleased to welcome Dan to the Board of Directors," said Terry
Lanni, Chairman and Chief Executive Officer of MGM MIRAGE. "His
financial, entertainment and gaming experience will assist him in
providing valuable insight and perspective to our Board and the
future growth of our Company." Mr. Taylor brings a long record of
experience to the Board, beginning his career as a tax manager with
Arthur Anderson & Company where he specialized in the firm's
entertainment and gaming practice. Throughout his career he has
held several top executive positions. He served as Vice President
of Taxes at MGM/UA Communications Co., then as an executive of
Tracinda Corporation before moving to Metro-Goldwyn-Mayer Inc.
where he served as Senior Executive Vice President and Chief
Financial Officer. Mr. Taylor also served as President of
Metro-Goldwyn-Mayer Inc. following the company's purchase by a
consortium of investors led by Providence and TPG. Currently, Mr.
Taylor again holds an executive post with Tracinda Corporation and
is also a member of the Board of Directors of Inforte Corporation
where he serves as Chair of the Compensation Committee and a member
of the Audit Committee. In addition to his duties as a member of
the MGM MIRAGE Board of Directors, Mr. Taylor will also serve on
the Company's Compensation Committee. * * * MGM MIRAGE (NYSE:MGM),
one of the world's leading and most respected hotel and gaming
companies, owns and operates 22 properties located in Nevada,
Mississippi and Michigan, and has investments in three other
properties in Nevada, New Jersey and Illinois. MGM MIRAGE has also
announced plans to develop Project CityCenter, a multi-billion
dollar mixed-use urban development project in the heart of Las
Vegas, and has a 50 percent 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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