James Murren - MGM Resorts Chairman of the Board, Chief Executive Officer

Chairman

Mr. James Joseph Murren is Chairman of the Board and Chief Executive Officer of MGM Resorts International since 2012.
Age 56
Tenure 12 years
Phone702 693 7120
Webhttps://www.mgmresorts.com
Murren has served as Chairman and Chief Executive Officer of the Company since December 2008. President from December 1999 to December 2012. Chief Operating Officer from August 2007 through December 2008. Prior to that, Chief Financial Officer from January 1998 to August 2007 and Treasurer from November 2001 to August 2007. He is Chairman of MGM Growth Properties LLC since 2016 and MGM China since 2013. Director of the Nevada Cancer Institute from 2002 to 2012. Director of Delta Petroleum Corporationration from February 2008 to November 2011. prior to joining the Company, worked in the financial industry for over 10 years, serving as Managing Director and CoDirector of Research for Deutsche Morgan Grenfell and Director of Research and Managing Director for Deutsche Bank. Serves on the Board of Trustees at the Brookings Institute, Trinity College and Howard University.

MGM Resorts Management Efficiency

The company has return on total asset (ROA) of (0.0248) % which means that it has lost $0.0248 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0251 %, meaning that it generated $0.0251 on every $100 dollars invested by stockholders. MGM Resorts' management efficiency ratios could be used to measure how well MGM Resorts manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 7.43 B in total debt with debt to equity ratio (D/E) of 1.9, which is about average as compared to similar companies. MGM Resorts International has a current ratio of 3.17, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist MGM Resorts until it has trouble settling it off, either with new capital or with free cash flow. So, MGM Resorts' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MGM Resorts International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGM to invest in growth at high rates of return. When we think about MGM Resorts' use of debt, we should always consider it together with cash and equity.

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MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada. MGM RESORTS operates under Resorts Casinos classification in Mexico and is traded on Mexico Stock Exchange. It employs 45000 people. MGM Resorts International (MGM) is traded on Mexican Exchange in Mexico and employs 40 people.

Management Performance

MGM Resorts International Leadership Team

Elected by the shareholders, the MGM Resorts' board of directors comprises two types of representatives: MGM Resorts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGM. The board's role is to monitor MGM Resorts' management team and ensure that shareholders' interests are well served. MGM Resorts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGM Resorts' outside directors are responsible for providing unbiased perspectives on the board's policies.
Alexis Herman, Independent Director
Aaron Fischer, Senior Vice President - Corporate Development
Sean Christie, President - Events and Nightlife
Janet Swartz, Independent Director
Jan Swartz, Independent Director
William Grounds, Director
Robert Baldwin, Chief Design and Construction Officer and Director
Keith Meister, Independent Director
William IV, CEO Pres
George Kliavkoff, President - Entertainment and Sports
Alan Feldman, Exec Affairs
Steve Zanella, President and COO of City Center
Daniel Arrigo, CFO, Executive Vice President
Andrew Chapman, Director Relations
Burton Cohen, Independent Director
Gregory Spierkel, Independent Director
Mary Gay, Independent Director
William Bible, Independent Director
Atif Rafiq, President of Commercial and Growth
Anthony Mandekic, Independent Director
William Hornbuckle, President Chief Marketing Officer
Paul Salem, Independent Director
Jonathan Halkyard, CFO Treasurer
Daniel Taylor, Independent Director
Rose McKinneyJames, Independent Director
Daniel DArrigo, CFO, Executive VP and Treasurer
James Murren, Chairman of the Board, Chief Executive Officer
John McManus, Executive Vice President General Counsel, Secretary
Scott Butera, President of Interactive Gaming
John Esq, Admin Legal
Chris Kelley, President and Chief Operating officers of the Ohioresort
Jyoti Chopra, Inclusion People
Robert Selwood, Executive Vice President Chief Accounting Officer
Corey Sanders, Chief Financial Officer, Treasurer
Phyllis James, Executive Vice President Special Counsel - Litigation and Chief Diversity Officer
Roland Hernandez, Lead Independent Director
John Kilroy, Independent Director
Todd Meinert, VP Officer
Catherine Park, Ex Relations
Jeff Mochal, Sr Communications

MGM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MGM Resorts a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running MGM Resorts' price analysis, check to measure MGM Resorts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGM Resorts is operating at the current time. Most of MGM Resorts' value examination focuses on studying past and present price action to predict the probability of MGM Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM Resorts' price. Additionally, you may evaluate how the addition of MGM Resorts to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.