LAS VEGAS, Oct. 20, 2015 /PRNewswire/ -- For the ninth
year, Black Enterprise (BE) magazine has named MGM
Resorts International (NYSE: MGM) one of the "Best Companies for
Diversity" in the U.S. based on its diversity and inclusion
practices. MGM Resorts is the only company in the integrated resort
industry, and the only company based in Nevada, to be named to the magazine's
list.
The 40 companies featured in the publication's special report
demonstrate a commitment to diversity in one or more of four key
areas, including: Board of Directors mix, employee diversity,
senior management mix and supplier diversity. Of those 40
companies, MGM Resorts was among the few that demonstrated
significant strengths in the four areas surveyed, according to
BE.
"At MGM Resorts, we recognize diversity as the central paradigm
of our 21st century global economy and inclusion
therefore as a business imperative. We have made inclusion an
anchor of our culture and our operations in order to leverage our
broad diversity as a vital part of our long-term competitive
strength," said Phyllis A. James,
Executive Vice President and Chief Diversity Officer for MGM
Resorts International.
This year's Best Companies for Diversity honorees were
recognized at the Executive Leadership Council's 2015 Recognition
Gala on Thursday, Oct. 8 at the
Gaylord National Resort and Convention Center in National Harbor,
Maryland. Among the other
well-known companies named to the "40 Best" list are: IBM
Corporation, American Express Co., Aflac Inc., The Coca Cola
Company and Allstate Corporation.
In compiling this year's list, the BE research team sent
surveys to more than 1,000 of the largest publicly traded companies
and global companies with significant U.S. operations. The
questionnaire focused on activities related to the participation of
African Americans and members of other defined ethnic minority
groups in the culture and business of participating companies. The
complete report, including methodology and selection criteria, is
available in the September 2015 issue
of BE.
In 2000, MGM Resorts International became the gaming industry's
first company to implement a diversity initiative. Some of the
program's highlights include:
- Management ranks among MGM Resorts' 62,000 employees include
about 42 percent women, and 38 percent minorities.
- MGM Resorts advanced its efforts in supplier and construction
diversity in 2014 by spending $189.5
million with diverse-owned suppliers, contractors and
service providers.
- In 2014, MGM Resorts earned top accolades for its diversity
best practices from national benchmarks, including: DiversityInc
Magazine, Human Resources Officers Today, Women's
Business Enterprise National Council and Hispanic Association on
Corporate Responsibility.
For more information about MGM Resorts International's
commitment to diversity and inclusion, please visit:
www.mgmresorts.com/csr.
About Black Enterprise
BLACK
ENTERPRISE, your ultimate source for wealth
creation, is the premier business, investing, and
wealth-building resource for African Americans. Since
1970, BE has provided essential business
information and advice to professionals, corporate executives,
entrepreneurs, and decision makers. Every month, BLACK
ENTERPRISE magazine provides 6 million readers with
information on entrepreneurship, careers, and financial management.
As multimedia company, BLACK ENTERPRISE produces
television programming, business and lifestyle events, web content
and digital media. BLACK ENTERPRISE is the
definitive source of information for and about African American
business markets and leaders, and the authority on black business
news and trends.
About MGM Resorts International
MGM Resorts
International (NYSE: MGM) is one of the world's leading global
hospitality companies, operating a portfolio of destination resort
brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage.
The Company is in the process of developing MGM National Harbor in
Maryland and MGM Springfield in
Massachusetts. The Company also owns 51 percent of MGM China
Holdings Limited, which owns the MGM Macau resort and casino and
developing a gaming resort in Cotai, and 50 percent of CityCenter
in Las Vegas, which features Aria
resort and casino. For more information about MGM Resorts
International, visit the Company's website at
www.mgmresorts.com.
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SOURCE MGM Resorts International