MGM Resorts International has picked Bill Hornbuckle, the company’s president and chief operating officer, to take over as acting chief executive as the global casino operator responds to widespread closures of its properties amid the coronavirus pandemic. Outgoing Chief Executive Jim Murren, who announced his plans to leave last month, stepped down from his post Sunday. MGM Resorts also said board member Paul Salem, of Providence Equity Partners, will succeed Mr. Murren as chairman.

Source: Wall Street Journal March 22, 2020 22:20 UTC