MGM Resorts Appoints Aaron Fischer Chief Strategy Officer
LAS VEGAS, NV. March 28, 2017 - MGM Resorts International (NYSE: MGM) today announced the appointment of Aaron Fischer as chief strategy officer. Fischer, who is presently based in Hong Kong and serving as senior vice president of corporate development for MGM Resorts, has been working closely on strategies for the global development of integrated resorts in Asia. He will relocate to the company's corporate headquarters in Las Vegas.
As chief strategy officer, Fischer will be responsible for leading MGM Resorts' enterprise-wide strategic planning process to include both a focus on operations and the global development of its iconic suite of Las Vegas-inspired hospitality and entertainment resort brands. As one of its primary architects, Fischer will play a leading role in communicating the company's strategy to key partners and stakeholders, including helping to shape the investor relations strategy.
"The addition of a chief strategy officer will further our ability to deliver strong financial results, drive disciplined growth, and accelerate the achievement of our ongoing performance improvement objectives," said Corey Sanders, chief operating officer of MGM Resorts. "Aaron is an outstanding leader whose multidisciplinary experience is a great complement to our seasoned executive team."
Prior to joining MGM Resorts International in 2016, Fischer served as the head of consumer and gaming research at CLSA, a boutique brokerage and investment group based in Hong Kong. During his 17 years as an equity analyst, Fischer specialized in Macau, Japan, other emerging gaming markets and the global luxury goods industry. Fischer participated in most of the gaming related IPOs in Asia and was a highly ranked analyst according to various surveys, including a rating by the Wall Street Journal as the Number 1 Best Hong Kong Analyst in 2012.
Before moving into research, Fischer was with Arthur Andersen in Melbourne as a chartered accountant. He graduated with a Bachelor of Commerce from the University of Melbourne in 1994.
The appointment to the position named above may be subject to gaming or other legal and regulatory approval, in which case the appointment is not effective until such approval is obtained. MGM Resorts International may be making this announcement on behalf of an affiliate or subsidiary and, in such a case, is not the employer of the individual featured in the announcement.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company opened MGM National Harbor in Maryland on December 8, 2016, and is in the process of developing MGM Springfield in Massachusetts. MGM Resorts controls and holds a 76 percent economic interest in the operating partnership of MGM Growth Properties LLC (NYSE: MGP), a premier triple-net lease real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. The Company also owns 56 percent of MGM China Holdings Limited (SEHK: 2282), which owns MGM MACAU and is developing MGM COTAI, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. MGM Resorts is named among FORTUNE® Magazine's 2017 list of World's Most Admired Companies®. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.