No. 2 executive at CityCenter resigns

Bill McBeath, president and chief operating officer of Aria, is shown in the Silk Road restaurant during its Dec. 1 opening.

Bill McBeath, president and chief operating officer of the $8.5 billion CityCenter casino-resort complex on the Las Vegas Strip, has resigned.

CityCenter manager and co-owner MGM Resorts International notified employees of McBeath's resignation Monday. An internal memo said he had notified MGM Resorts CEO Jim Murren of plans to step back and reassess his career goals and that CityCenter CEO Bobby Baldwin would assume his duties.

McBeath had served as president and COO of CityCenter's 4,004-room Aria hotel-casino since October 2007, two years before its opening, and participated in its development and the hiring and training of its staff. He also oversaw operations at CityCenter's Vdara condo-hotel. In April, he was named president and COO of CityCenter.

Prior to moving to CityCenter, McBeath had served over the years as president of the Mirage, Treasure Island and Bellagio. He was active in the local tourism industry, serving on the board of directors of Las Vegas Events.

''Since its opening in December 2009, he has guided CityCenter to be an iconic Las Vegas destination," Murren wrote in his memo on McBeath's departure. ''MGM Resorts International has benefited from Bill’s contributions. We will always be grateful for his steady hand and leadership in the opening of City Center. We wish him well in his future endeavors.''

''Bobby’s reputation as an extraordinary leader is well known,'' Murren wrote of Baldwin. ''He has an unprecedented level of experience in marketing and operations in our industry and I am pleased that he has accepted these additional responsibilities.''

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  1. It is amazing that the leader of the company can waste $9 billion of his company's and his partner's money and not be held accountable. McBeath is falling on the sword that was laid out by Murren and Baldwin. If it wasn't for CityCenter, MGM would be the most powerful company in the industry today. But the debt that the company incurred to build this monstrosity and then to maintain that it is doing well, is laughable. Murren should be the one headed out the door, followed by Baldwin. McBeath was just a good solider following orders.

  2. When will this newspaper actually do some REPORTING and do a RESEARCHED story giving the background to this major event? All we read about when it comes to the casino industry (advertisers) is the PR releases sent out by the company. The "reporters" do not even have to write a story they just copy it