Bill Hornbuckle, chief operating officer and president for MGM Resorts International, has been named the company’s acting CEO. He will take on the duties of outgoing CEO Jim Murren who gave notice in February that he would leave at the end of his contract.
Murren decided to step down early so the company could have continuity of leadership during the COVID-19 pandemic. Last week he was one of several hotel company CEOs who met with President Donald Trump to discuss the pandemic’s effect on the hotel industry.
Hornbuckle also is a member of MGM’s executive committee and a member of its board of directors for MGM China Holdings. He previously served as president and chief operating officer for Caesars Palace in Las Vegas and spent the majority of his career with Mirage Resorts in various senior management positions.
He has a bachelor’s degree from the University of Nevada.
Paul Salem, a member of the MGM board of directors and chair of the real estate committee of MGM Resorts, will replace Murren as chairman of the board.