MGM Resorts appoints new CFO
MGM Resorts International has chosen Jonathan Halkyard to assume the role of their new chief financial officer. Halkyard, who is a former executive at Caesars Entertainment Inc. and Extended Stay America Inc., will be succeeding Corey Sanders, who was named chief operating officer in December.
In a news release, MGM President and CEO Bill Hornbuckle said:
“Jonathan brings the right mix of financial discipline, investor acumen, operating experience and seasoned corporate leadership to MGM Resorts at a vital time in our evolution. His passion for hospitality, considerable experience in gaming, previous stewardship of strong balance sheets and investor credibility make him an excellent choice to complement our strong and committed leadership team.”
Halkyard went through leadership roles at Caesars for 13 years before he became President and CEO of Extended Stay America, Inc. and ESH Hospitality, its paired-share REIT. Additionally, he was the executive vice president and chief financial officer at NV Energy between 2012 and 2013.
Halkyard is currently director of Dave & Buster’s Entertainment and Shift4 Payments, Inc., and a trustee of the International Center for Responsible Gaming.
This appointment is the most recent in a string of executive reorganizations within the company. Just last month, Atif Rafiq resigned as MGM’s president of commercial and growth, Anton Nikodemus was switched from his position as president and chief operating officer of MGM’s Las Vegas portfolio to president of CityCenter, and former Chief Marketing Officer Ann Hoff took over the leadership of Bellagio and Park MGM.
Halkyard will be responsible in this new position for investor relations, accounting, the financial activities across MGM’s portfolio and much more.
“After a career largely spent in hospitality and gaming, I am excited and proud to become part of the senior leadership team at one of the world’s most iconic gaming, hospitality and entertainment destination brands. We face the greatest challenges to corporate management in recent history and I am eager to get to work and continue the fine legacy of executive management at MGM Resorts.” Said Halkyard.