MGM Resorts International on Wednesday said Jonathan Halkyard will become its new chief financial officer.
Halkyard, who spent 13 years in leadership roles at Caesars Entertainment and more recently was the president and CEO of Extended Stay America, Inc. and ESH Hospitality, succeeds Corey Sanders, who was appointed chief operating officer of the company.
As CFO, Halkyard will be responsible for all financial activities across MGM Resorts’ domestic and international portfolio, as well as investor relations, accounting, treasury, procurement and tax.
“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,” Bill Hornbuckle, president and CEO, said in a statement. “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.”
Paul Salem, chairman of the board added: “On behalf of the MGM board of directors, I am delighted to welcome Jonathan to MGM Resorts. We look forward to working with Jonathan to drive continued focus on disciplined execution of our strategic business plan, our long-term recovery from the COVID-19 pandemic and future growth and development.”
Halkyard also commented on the role, saying that after a career mostly spent in hospitality and gaming, he’s looking forward to becoming part of the senior leadership team at such an iconic brand. “We face the greatest challenges to corporate management in recent history and I am eager to get to work,” he said.