LAS VEGAS, June 8, 2021 /PRNewswire/ -- MGM Resorts
International ("MGM Resorts") (NYSE: MGM) today announced that
Tilak Mandadi will join the company
July 6th in the newly created
position of Chief Strategy, Innovation & Technology Officer. In
this role, Mandadi will oversee MGM Resorts' digital strategy,
driving growth and innovation through technology-led
customer-centric experiences, products and services. He will also
lead corporate strategy and innovation, and will manage the
company's relationship with BetMGM, joining its Board of Directors.
He will be based in Las Vegas and
report to MGM Resorts CEO & President Bill Hornbuckle.
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"We are incredibly proud to have Tilak join our executive
leadership team to drive an essential part of our business and
guest value proposition at such a critical time," said Hornbuckle.
"Tilak's experiences at both Disney and American Express, along
with his high-caliber track record as a visionary, results-driven
leader, will be invaluable as we emerge from the pandemic and
continue growing our premier, global gaming entertainment business
and channels through innovative, customer-centric technology
platforms and an ever-expanding digital, gaming and entertainment
footprint."
"In recent years, MGM Resorts has embarked on a dramatic
transformation, which includes developing and attracting an
exceptional group of renowned leaders in the C-Suite," said
Paul J. Salem, Chairman of the
Board, MGM Resorts. "Our team features great industry veterans with
deep experience, as well as several new additions such as
Jonathan Halkyard, our Chief
Financial Officer, Steve Zanella,
our Chief Commercial Officer and Jyoti
Chopra, our Chief People, Inclusion & Sustainability
Officer, all led by Bill Hornbuckle,
a world-class CEO and industry leader. Adding Tilak to the
management team will enhance and accelerate our growth strategies
tied to innovative customer experiences and digital- and
data-driven business transformation. We are committed to developing
a diverse bench of executive leadership with extraordinary talent
to envision, design and create the future of gaming and
entertainment."
Mandadi brings decades of experience to MGM Resorts as a
strategic thought leader in Fortune-100 companies as well as
start-ups, most recently serving as executive vice president of
digital, and global chief technology officer for Disney Parks,
Experiences and Products. Serving in that role since 2013, Mandadi
led a large, diverse global team that enabled guest-focused growth
strategies for theme parks, resort hotels, cruise line and various
travel, retail and food and beverage lines of business.
His team also supported the global licensing, publishing and
games businesses at Disney. His work included crafting innovative
solutions to the COVID-19 pandemic, transforming the company's
guest and consumer experiences through the convergence of the
physical and digital worlds, and the innovative use of data to
drive personalization, engagement and loyalty, as well as revenue
and yield optimization.
Prior to his role at Disney, Mandadi led digital transformation
and growth at American Express as senior vice president, Digital.
He has also served in digital, data and technology leadership
positions at FedEx Kinko's (now FedEx Office) and Dell Online. His diverse background in
hospitality, retail, entertainment and technology-based companies
will be a significant asset as he guides MGM Resorts' corporate and
digital strategy.
"I'm excited to join MGM Resorts at such a transformative time
for the entire industry," said Mandadi. "I'm delighted to join the
management team and, along with my colleagues, create compelling
and immersive customer experiences at the intersection of
responsible gaming and entertainment, and build new, profitable and
sustainable lines of revenue."
Mandadi holds a master's degree in computer science from the
University of Oregon.
About MGM Resorts International
MGM Resorts
International (NYSE: MGM) is an S&P 500® global entertainment
company with national and international locations featuring
best-in-class hotels and casinos, state-of-the-art meetings and
conference spaces, incredible live and theatrical entertainment
experiences, and an extensive array of restaurant, nightlife and
retail offerings. MGM Resorts creates immersive, iconic experiences
through its suite of Las
Vegas-inspired brands. The MGM Resorts portfolio encompasses
31 unique hotel and gaming destinations globally, including some of
the most recognizable resort brands in the industry. The Company's
50/50 venture, BetMGM, LLC, offers U.S. sports betting and online
gaming through market-leading brands, including BetMGM and
partypoker. The Company is currently pursuing targeted expansion in
Asia through the integrated resort
opportunity in Japan. Through its
"Focused on What Matters: Embracing Humanity and Protecting the
Planet" philosophy, MGM Resorts commits to creating a more
sustainable future, while striving to make a bigger difference in
the lives of its employees, guests, and in the communities where it
operates. The global employees of MGM Resorts are proud of their
company for being recognized as one of FORTUNE® Magazine's World's
Most Admired Companies®. For more information, please visit us at
www.mgmresorts.com. Please also connect with us @MGMResortsIntl on
Twitter as well as Facebook and Instagram.
Forward-Looking Statements
Statements in this release
that are not historical facts are forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act
of 1995 and involve risks and/or uncertainties, including those
described in the Company's public filings with the Securities and
Exchange Commission. The Company has based forward-looking
statements on management's current expectations and assumptions and
not on historical facts. Examples of these statements include, but
are not limited to, the Company's expectations regarding its
ability to develop new sources of revenue and grow its digital,
gaming and entertainment footprint. These forward-looking
statements involve a number of risks and uncertainties. Among the
important factors that could cause actual results to differ
materially from those indicated in such forward-looking statements
include the continued impact of the COVID-19 pandemic on the
Company's business, the effects of economic conditions and market
conditions in the markets in which the Company operates and
competition with other destination travel locations throughout
the United States and the world,
the design, timing and costs of expansion projects, risks relating
to international operations, permits, licenses, financings,
approvals and other contingencies in connection with growth in new
or existing jurisdictions and additional risks and uncertainties
described in the Company's Form 10-K, Form 10-Q and Form 8-K
reports (including all amendments to those reports). In providing
forward-looking statements, the Company is not undertaking any duty
or obligation to update these statements publicly as a result of
new information, future events or otherwise, except as required by
law. If the Company updates one or more forward-looking statements,
no inference should be drawn that it will make additional updates
with respect to those other forward-looking statements.
CONTACTS:
News Media
BRIAN AHERN
Director of Corporate Media
Relations
media@mgmresorts.com
Investment Community
JIM FREEMAN
Senior Vice President, Capital Markets and Strategy
jfreeman@mgmresorts.com
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SOURCE MGM Resorts International