MGM RESORTS INTERNATIONAL CHAIRMAN & CEO AMONG RESPONSIBLE CHIEF EXECUTIVES CITED FOR CORPORATE RESPONSIBILITY
CR Magazine Lists Jim Murren among Finalists for Annual Recognition
Las Vegas, NV October 15, 2012 — A leading publication that monitors corporate responsibility has included the Chairman & CEO of MGM Resorts International among the 30 finalists for its 5th Annual Responsible Chief Executive Officer of the Year recognition.
Jim Murren, Chairman & CEO of MGM Resorts International, was noted in the annual compilation by CR Magazine, the voice of the corporate responsibility profession.
"Corporate responsibility begins at the top and Jim Murren's leadership has materially advanced MGM Resorts' sustainability results," said Richard Crespin, Executive Director of the Corporate Responsibility Officer Association and Chairman of the COMMIT!Forum. "Jim, together with all of this year's finalists, represents an elite group of individuals and organizations that display a commitment to stakeholders and society through positive leadership."
CR Magazine evaluates CEOs across industries that visibly exceed standards in the areas of employee relations, environmental impact, human rights, philanthropy and corporate responsibility practices. Murren was the only CEO noted in the hospitality and entertainment sector.
Instrumental from the inception of MGM Resorts' leading Diversity & Inclusion program in 2000, Murren has led the expansion of the company's leadership in corporate and social responsibility to include Environmental Sustainability, as well as Community Engagement & Philanthropy. His leadership has helped the Company reach a variety of major social responsibility accomplishments, including:
Diversity & Inclusion:
MGM Resorts has graduated more than 11,000 Diversity Champions through its Diversity Champion training workshop and has increased the overall representation of women (42 percent) and minorities (38 percent) in the diversity profile of its management team. Additionally, through its Supplier and Construction Diversity programs, MGM Resorts has spent a cumulative total of nearly $3 billion with minority-owned, women-owned and disadvantaged business enterprises.
Philanthropy & Community Engagement:
MGM Resorts last year contributed to a combined total of more than 500 nonprofit agencies in Nevada, Michigan and Mississippi through its corporate giving program. Additionally, Company employees have donated nearly $50 million to nonprofit organizations through The MGM Resorts Foundation since its founding in 2002.
At more than 18M sq. ft., CityCenter is the largest LEED® Gold certified development in the world, earning six LEED® Gold certifications from the U.S. Green Building Council. Additionally, MGM Resort has reduced electricity consumption by 120 million kWh per year, enough to power 10,450 homes each year, and water usage by 500 million gallons per year, enough to fill more than 750 Olympic-size swimming pools. In 2011, Newsweek magazine ranked MGM Resorts as the most â€œgreenâ€ resort and casino company.
About CR Magazine www.thecro.com
CR Magazine is the voice of the corporate responsibility profession covering case studies, best practices, and trends in the 5 primary segments of the CR profession: a) Governance, risk, compliance, b) Environmental sustainability c) Corporate social responsibility, d) Philanthropy, and e) Workforce/diversity.
About MGM Resorts International (NYSE:MGM)
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company's renowned properties nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company's commitment to sustainable development and operations.