Corey Sanders, Chief Operating Officer of MGM Resorts International, has announced his retirement effective December 31, 2025. He will continue as an advisor to President and CEO Bill Hornbuckle until December 31, 2026, ensuring a smooth transition of leadership.
Sanders’ career spans more than three decades, during which he played a critical role in shaping the strategic direction of MGM Resorts. His contributions include overseeing complex operations, leading major acquisitions, and managing global expansion projects that positioned the company as a leader in the hospitality and entertainment industry.
Strategic expansions and acquisitions
Throughout his tenure, Sanders led significant acquisitions, including the Mirage Group and Mandalay Resort Group, consolidating MGM’s presence in Las Vegas and other key U.S. markets. He also oversaw the expansion of regional properties such as Springfield, National Harbor, Empire City, and Borgata, diversifying the company’s revenue streams and strengthening its operational footprint.
On the international front, Sanders played a pivotal role in expanding MGM’s presence in Asia, including the launch of MGM China and MGM Osaka, reinforcing the brand’s global strategy and operational excellence. Industry analysts highlight that these moves not only enhanced MGM’s market presence but also set the foundation for long-term growth and competitive advantage.
Leadership across operations and finance
Sanders’ influence extended beyond operational leadership. He also served as Chief Financial Officer and Treasurer, overseeing corporate finance, strategic planning, and human resources. His holistic approach allowed MGM Resorts to align operational efficiency with long-term strategic objectives, ensuring sustainable performance even during periods of market volatility.
Under Sanders’ guidance, the company implemented best practices in operational management, talent development, and corporate governance. His leadership contributed to maintaining stability, optimizing performance, and fostering a culture of innovation and excellence.
Strategic implications of Sanders’ retirement
Sanders’ retirement marks a pivotal moment for MGM Resorts and the broader hospitality industry. The company faces the challenge of appointing a successor capable of sustaining operational efficiency while continuing to drive innovation and international expansion.
Financially, the transition has implications for ongoing projects, strategic investments, and acquisitions. Sanders’ expertise has been instrumental in risk assessment and long-term strategic planning, making the leadership transition a critical factor in maintaining the company’s market position.
Industry observers note that selecting a successor will be crucial to preserve MGM Resorts’ competitive edge, operational excellence, and global growth trajectory.
Industry recognition and corporate legacy
Corey Sanders has earned recognition for his ability to manage complex operations, execute strategic initiatives, and foster a culture of excellence. His legacy encompasses operational achievements, financial growth, and the establishment of a strong corporate culture focused on talent development, diversity, and inclusion.
While his retirement signifies the end of a long and influential career, it also presents opportunities for MGM Resorts to integrate fresh perspectives, enhance innovation, and respond effectively to global challenges such as sustainability, digital transformation, and evolving customer expectations.
Preparing for the future
The company’s future depends on balancing innovation with operational efficiency while maintaining the strategic foundations laid by Sanders. His advisory role during the transition period ensures that MGM Resorts remains stable and continues its trajectory of global growth.
The retirement of Sanders highlights the importance of leadership in shaping corporate strategy, international expansion, and operational excellence. His career serves as a case study for organizational leadership and strategic planning in the global hospitality sector, offering valuable lessons for students, professionals, and industry observers worldwide.
Source: Hotel Dive
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