As Chief Monetary Officer, Halkyard will be a member of the senior administration group and have obligation for all economic pursuits across MGM Resorts’ in depth domestic and worldwide portfolio, as very well as Investor Relations, Accounting, Treasury, Procurement and Tax.
“On behalf of the MGM Board of Directors, I am delighted to welcome Jonathan to MGM Resorts,” stated Paul Salem, Chairman of the Board. “We search ahead to doing the job with Jonathan to generate ongoing emphasis on disciplined execution of our strategic company system, our long-expression restoration from the COVID-19 pandemic and potential growth and advancement.”
“Right after a profession mostly invested in hospitality and gaming, I am fired up and happy to turn into portion of the senior management staff at 1 of the world’s most legendary gaming, hospitality and leisure destination manufacturers,” stated Halkyard. “We deal with the biggest problems to company administration in recent background and I am keen to get to function and proceed the fine legacy of government management at MGM Resorts.”
Through his vocation as a company executive with general public organization expertise, Halkyard has held positions as CFO, COO and additional not too long ago CEO, in the gaming, hospitality and electricity sectors. Halkyard joined Caesars Enjoyment (formerly Harrah’s Leisure) in a finance purpose at Harrah’s Lake Tahoe. He held numerous finance and operating positions for the duration of his tenure with Caesars, which includes various residence basic supervisor and company roles, this kind of as Vice President, Treasurer, Senior Vice President and Govt Vice President. He grew to become Chief Economical Officer in 2006 and subsequently led the M&A cost for Horseshoe Gaming, WSOP, Caesars Amusement and London Golf equipment International. He was part of the leadership staff that oversaw the $30 billion sale of Caesars Entertainment to TPG and Apollo and drove over $200 million of price savings publish-closing.
In 2013, Halkyard joined Extended Keep The usa as Chief Working Officer, in which he at first targeted on streamlining functions throughout 680 homes. In 2014, he was named interim CFO and in 2015 grew to become CFO. He was appointed CEO in 2017. From 2012 to 2013, Halkyard served as EVP and CFO of NV Electricity, a holding enterprise furnishing electrical power services and products in Nevada, and its wholly owned subsidiaries, Nevada Power Business and Sierra Pacific Ability Business.
Halkyard is a Director of Dave & Buster’s Enjoyment, Director of Shift4 Payments, Inc. and is a Trustee of the Worldwide Heart for Dependable Gaming. He retains his M.B.A. from Harvard University and his B.A. from Colgate University.
ABOUT MGM RESORTS Intercontinental
MGM Resorts Global (NYSE: MGM) is an S&P 500® world amusement firm with national and global spots that includes greatest-in-course resorts and casinos, point out-of-the-art conferences and meeting spaces, incredible dwell and theatrical enjoyment encounters, and an in depth array of restaurant, nightlife and retail offerings. MGM Resorts makes immersive, iconic ordeals as a result of its suite of Las Vegas-influenced brand names. The MGM Resorts portfolio encompasses 29 distinctive hotel and place gaming choices in the United States and Macau, such as some of the most recognizable resort models in the sector this sort of as Bellagio, MGM Grand, ARIA and Park MGM. The Company’s 50/50 undertaking, BetMGM, LLC, gives U.S. sports activities betting and online gaming by way of marketplace-major manufacturers, together with BetMGM and partypoker. The Company is at this time pursuing focused expansion in Asia by way of the built-in vacation resort option in Japan. By its “Targeted on What Matters: Embracing Humanity and Protecting the World” initiative, MGM Resorts commits to building a additional sustainable long term, though striving to make a more substantial difference in the life of its staff, friends, and in the communities where by it operates. The world wide workforce of MGM Resorts are very pleased of their company for becoming regarded as a single of FORTUNE® Magazine’s World’s Most Admired Companies®. For much more details, remember to pay a visit to us at www.mgmresorts.com. You should also join with us @MGMResortsIntl on Twitter as effectively as Facebook and Instagram.
Statements in this release that are not historic details are “ahead-searching” statements and “protected harbor statements” that include threats and/or uncertainties, including those people explained in the Firm’s public filings with the SEC. The Enterprise has based ahead-searching statements on management’s present expectations and assumptions and not on historical details. Illustrations of these statements involve, but are not constrained to, statements we make with regards to the Firm’s capability to execute on its strategic program and future development and enhancement possibilities. These ahead-looking statements involve a number of hazards and uncertainties. Amongst the important variables that could trigger real results to differ materially from those people indicated in these types of ahead-hunting statements include things like the ongoing impact of the COVID-19 pandemic on the Firm’s business, the common economic conditions and industry problems in the markets in which the Enterprise operates and levels of competition with other spot travel areas all over the United States and the earth, the style and design, timing and prices of enlargement assignments, threats relating to intercontinental functions, permits, licenses, financings, approvals and other contingencies in link with growth in new or current jurisdictions and added risks and uncertainties described in the Company’s Type 10-K, Sort 10-Q and Sort 8-K reviews (which include all amendments to individuals reports). In supplying forward-wanting statements, the Company is not undertaking any responsibility or obligation to update these statements publicly as a outcome of new facts, future functions or usually, other than as needed by regulation. If the Firm updates a person or far more ahead-wanting statements, no inference really should be drawn that it will make further updates with regard to individuals other ahead-seeking statements.
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