Las Vegas Sun Newsgaming:
Bill Hornbuckle promoted to president of MGM Resorts
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4 December 2012
4:15 p.m.
Bill Hornbuckle.
MGM Resorts International of Las Vegas today announced the promotion of Bill Hornbuckle to the newly-created position of president and chief marketing officer.
Reporting to CEO Jim Murren, Hornbuckle will have expanded responsibilities, including gaming development. He had been serving as chief marketing officer since 2010.
Earlier, he was president and chief operating officer of Mandalay Bay beginning in April 2005; president and chief operating officer of MGM Mirage — Europe from July 2001 to April 2005; and president and chief operating officer of the MGM Grand from October 1998 to July 2001.
“Bill Hornbuckle is widely regarded as one of the most strategic and effective leaders in the hospitality and entertainment industry,” Murren said in a statement. “Since assuming the newly-created role of CMO for the company in 2010, he has been focused on growing the company’s relationships with our customers and guests. He has achieved this with significant success, for example, in the creation and growth of our M life customer loyalty program.”
Murren also announced expanded duties for Corey Sanders, chief operating officer; Bobby Baldwin, president and CEO of CityCenter; and Dan D’Arrigo, chief financial officer.
Sanders, for instance, will have expanded oversight of the company’s operating functions, including retail, corporate advertising and sales.
Baldwin will assume the day-to-day leadership role at CityCenter for the Aria hotel-casino, the Vdara and Mandarin hotels, CityCenter residential operations and the Crystals luxury shopping center, following Monday’s announced departure of Bill McBeath, who had been president and chief operating officer of CityCenter.
Sanders, Baldwin and D’Arrigo will continue to report to Murren.
“Bill, Corey, Bobby and Dan are part of a leadership team that is high performing and recognized as among the best of the best in our industry. I am proud to have such strong finance, development, marketing and operational leaders as we continue to grow the company as a leader in the hospitality and entertainment industry,” Murren said in his statement.
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You've got too much debt Jim. Everything else is window dressing. Executive changes, expansion, Internet gaming, whatever...in the end you're shelling out a LOT more than you are taking in. Rearranging the deck chairs on a sinking ship does nothing. Cut the debt in half like Station did.
Even CEOs have to do more with less. Sounds like Murren isn't hiring anyone to fill that Aria position anytime soon. Tough times indeed over at MGM Resorts.
lord farquaad has come a long way....nevada gaming never should have let these corporations own more than a couple casinos---mgm, harrahs, and stations all poster children for dysfunctional corporations that fire everyone who doesn't bob their head yes---a company of yes men that bobbed their heads to the city center project and 8.5 billion price tag and then fired the guy who tried to say no. Should have been selling casinos when they were buying and building in the wrong market--now 14 billion in debt sinks all ships...they keep refi-ing and kicking the can down the road waiting for a recovery that is a decade or more off. Bankruptcy would take away all those big paychecks and bonuses so the obvious solution is out.