Jim Murren, MGM Resorts International's longtime chairman and chief executive officer, plans to step down before his contract expires, departing as the casino company copes with fallout from the deadly new coronavirus.
Murren, 58, will remain on the job until a successor is named, the company said Wednesday in a statement. He's held the post since 2008 and has been with MGM since 1998. On a conference call, Murren said he will remain involved in efforts to win a casino license in Japan.
"Our growth areas of sports betting, Japan and entertainment have never looked better," he said. "Our bench of management talent is deep."