MGM MIRAGE Chairman & CEO Terry Lanni Honored for Diversity Leadership
02 Novembro 2007 - 8:57PM
PR Newswire (US)
LAS VEGAS, Nov. 2 /PRNewswire-FirstCall/ -- Diversity Best
Practices (DBP) recently honored MGM MIRAGE Chairman & CEO
Terry Lanni with the "2007 CEO Diversity Leadership Award" for
demonstrating outstanding diversity leadership in corporate
America. He was named among other leading chairmen of Fortune 500
companies at the organization's 14th Annual Diversity and Inclusion
Leadership Summit & Gala in Washington, D.C. (Photo:
http://www.newscom.com/cgi-bin/prnh/20071102/LAF098) Lanni accepted
the award on behalf of all MGM MIRAGE employees. "I am privileged
to have a leading role among the thousands of MGM MIRAGE employees
who are integrating diversity across our entire enterprise," said
Lanni. "This recognition is a testament to our dedication to create
a culture that inspires 100 percent involvement from 100 percent of
our employees." Lanni cited MGM MIRAGE's groundbreaking Diversity
Champion training as the backbone of the company's cultural
transformation. The program has been a catalyst for directing the
focus and energy of company management and employees into building
high-powered teams that are transforming the way the company does
business. "Perhaps the most significant impact of our Diversity
Initiative is the evolution it is fostering in our work culture and
environment," Lanni stated. "Another key development has been the
increasing involvement of our executive teams. Our property
presidents now have a critical mass of Diversity Champions
throughout their organizations that are leveraging our Diversity
Initiative to meet the needs of their individual properties and
foster better employee communications, higher employee engagement
and more effective teams." MGM MIRAGE established the first
voluntary diversity initiative in the gaming industry in 2000 and
annually reports its diversity performance to demonstrate
transparency and accountability. In 2006, the company's minority
employee representation totaled more than half of the workforce at
56.2 percent. Of the company's employees at the manager level and
above, 32% are minority. Also in 2006, $150 million in biddable
goods and services was spent with minority enterprises, 11% of the
company's total procurement spend. The company's construction
expenditures totaled $1.3 billion, of which $276 million was spent
with minority-, women- and disadvantaged-owned businesses. More
information on the company's Diversity Initiative can be found at
http://www.mgmmiragediversity.com/. About Diversity Best Practices
Diversity Best Practices (DBP)
(http://www.diversitybestpractices.com/), based in Washington,
D.C., is the preeminent organization for diversity thought leaders
to share best practices and develop innovative solutions for
culture change. Through research, benchmarking, publications and
events, DBP provides its members with valued resources, information
and strategies on how to implement, grow, measure and create "first
in class" diversity programs. Diversity Best Practices is a
subsidiary of Working Mother Media. About MGM MIRAGE: MGM MIRAGE
(NYSE:MGM), one of the world's leading and most respected
development companies with significant holdings in gaming,
hospitality and entertainment, owns and operates 17 properties
located in Nevada, Mississippi and Michigan, and has investments in
three other properties in Nevada, New Jersey and Illinois. MGM
MIRAGE is the largest landholder on the Las Vegas Strip, with
significant undeveloped landholdings in both Las Vegas and Atlantic
City. The Company recently opened MGM Grand Detroit, a major new
resort; and will open another, MGM Grand Macau, before the end of
the year. Also under development is CityCenter, a multi-billion
dollar mixed-use urban development in the heart of the Las Vegas
Strip. MGM MIRAGE has signed definitive agreements with Kerzner
International Holdings Limited and Istithmar Hotels FZE to develop
a new multi-billion dollar integrated resort property on the Las
Vegas Strip. The Company has a separate definitive agreement with
the Diaoyutai State Guesthouse in Beijing forming a strategic
relationship to pursue non-gaming business opportunities in the
People's Republic of China. MGM MIRAGE supports responsible gaming
and has implemented the American Gaming Association's Code of
Conduct for Responsible Gaming at its properties. MGM MIRAGE has
received 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/.
http://www.newscom.com/cgi-bin/prnh/20071102/LAF098
http://photoarchive.ap.org/ DATASOURCE: MGM MIRAGE CONTACT: Reggie
Burton, +1-702-650-7438, , or Laura Garcia, +1-702-650-7439, , both
of MGM MIRAGE
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