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Strategic new board addition at MGM Resorts

Mar. 15, 2018 1:10 PM ETMGM Resorts International (MGM) StockMGMBy: Clark Schultz, SA News Editor2 Comments
  • MGM Resorts (MGM +0.4%) CEO James Murren says the addition of Carnival's Jan Swartz to the company's board is highly strategic.
  • He points to Swartz's experience with the Japan and China tourism markets.
  • "Jan and Princess Cruises created the international cruise category in Japan and created Carnival Japan, a Tokyo-based marketing unit. More recently, Jan oversaw the launch of the Majestic Princess, a cruise ship specifically developed for Chinese guests," he notes.

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