Tilak Mandadi To Join MGM Resorts International As Chief Strategy, Innovation & Technology Officer

LAS VEGAS, June 8, 2021 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) today announced that Tilak Mandadi will join the company July 6th in the newly created position of Chief Strategy, Innovation & Technology Officer. In this role, Mandadi will oversee MGM Resorts' digital strategy, driving growth and innovation through technology-led customer-centric experiences, products and services. He will also lead corporate strategy and innovation, and will manage the company's relationship with BetMGM, joining its Board of Directors. He will be based in Las Vegas and report to MGM Resorts CEO & President Bill Hornbuckle.

"We are incredibly proud to have Tilak join our executive leadership team to drive an essential part of our business and guest value proposition at such a critical time," said Hornbuckle. "Tilak's experiences at both Disney and American Express, along with his high-caliber track record as a visionary, results-driven leader, will be invaluable as we emerge from the pandemic and continue growing our premier, global gaming entertainment business and channels through innovative, customer-centric technology platforms and an ever-expanding digital, gaming and entertainment footprint."

"In recent years, MGM Resorts has embarked on a dramatic transformation, which includes developing and attracting an exceptional group of renowned leaders in the C-Suite," said Paul J. Salem, Chairman of the Board, MGM Resorts. "Our team features great industry veterans with deep experience, as well as several new additions such as Jonathan Halkyard, our Chief Financial Officer, Steve Zanella, our Chief Commercial Officer and Jyoti Chopra, our Chief People, Inclusion & Sustainability Officer, all led by Bill Hornbuckle, a world-class CEO and industry leader. Adding Tilak to the management team will enhance and accelerate our growth strategies tied to innovative customer experiences and digital- and data-driven business transformation. We are committed to developing a diverse bench of executive leadership with extraordinary talent to envision, design and create the future of gaming and entertainment."

Mandadi brings decades of experience to MGM Resorts as a strategic thought leader in Fortune-100 companies as well as start-ups, most recently serving as executive vice president of digital, and global chief technology officer for Disney Parks, Experiences and Products. Serving in that role since 2013, Mandadi led a large, diverse global team that enabled guest-focused growth strategies for theme parks, resort hotels, cruise line and various travel, retail and food and beverage lines of business.

His team also supported the global licensing, publishing and games businesses at Disney. His work included crafting innovative solutions to the COVID-19 pandemic, transforming the company's guest and consumer experiences through the convergence of the physical and digital worlds, and the innovative use of data to drive personalization, engagement and loyalty, as well as revenue and yield optimization.

Prior to his role at Disney, Mandadi led digital transformation and growth at American Express as senior vice president, Digital. He has also served in digital, data and technology leadership positions at FedEx Kinko's (now FedEx Office) and Dell Online. His diverse background in hospitality, retail, entertainment and technology-based companies will be a significant asset as he guides MGM Resorts' corporate and digital strategy.

"I'm excited to join MGM Resorts at such a transformative time for the entire industry," said Mandadi. "I'm delighted to join the management team and, along with my colleagues, create compelling and immersive customer experiences at the intersection of responsible gaming and entertainment, and build new, profitable and sustainable lines of revenue."

Mandadi holds a master's degree in computer science from the University of Oregon.

About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.

Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 and involve risks and/or uncertainties, including those described in the Company's public filings with the Securities and Exchange Commission. The Company has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, the Company's expectations regarding its ability to develop new sources of revenue and grow its digital, gaming and entertainment footprint.  These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the continued impact of the COVID-19 pandemic on the Company's business, the effects of economic conditions and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

CONTACTS:

News Media
BRIAN AHERN
Director of Corporate Media Relations         
[email protected]

Investment Community
JIM FREEMAN
Senior Vice President, Capital Markets and Strategy
[email protected]

SOURCE MGM Resorts International

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