MGM Resorts International Named a FORTUNE 'World's Most Admired Company'
The annual list is compiled on behalf of FORTUNE by the Korn Ferry Hay Group, a global management consulting firm that surveyed thousands of executives, directors, and securities analysts to determine the results.
"Our focus is delivering premium guest experiences through iconic resort environments, with employees who are passionate for excellence," said Jim Murren, Chairman & CEO of MGM Resorts International. "The recognition that we are a FORTUNE 'Most Admired Company' encourages us to endlessly strive for continuous innovation, and to be a leader in socially responsible behavior in all we do."
The Most Admired Companies list is a leading report card on corporate reputations. Korn Ferry Hay Group started with approximately 1,500 companies: the FORTUNE 1,000—the 1,000 largest U.S. companies ranked by revenue—and non-U.S. companies in FORTUNE's Global 500 database with revenues of $10 billion or more. Korn Ferry Hay Group then selected the 15 largest for each international industry and the 10 largest for each U.S. industry, surveying a total of 652 companies from 30 countries. To create the 54 industry lists, Korn Ferry Hay Group asked 4,000 executives, directors, and analysts to rate companies in their own industry on nine criteria, from investment value to social responsibility. A company's score must rank in the top half of its industry survey to be listed.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company is in the process of developing MGM National Harbor in Maryland and MGM Springfield inMassachusetts. The Company also owns 51 percent of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is developing a gaming resort in Cotai, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort and Casino. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.