MGM Elects Analyst to Board

MGM Resorts International has elected veteran Maryland-based gaming industry equity analyst Mary Chris Gay to its board of directors.

MGM Resorts International has elected Mary Chris Gay, a Maryland-based equity analyst for the gaming industry, to its board of directors.

A resident of Maryland, Gay served as a senior vice president, portfolio manager and equity analyst for more than 24 years at Baltimore-based Legg Mason Global Asset Management, an international asset management firm.  Her primary area of research focused on the gaming and lodging industries at a time when Legg Mason Funds took meaningful positions in several companies within the industry groups and was often among the largest investors in the space.

“Mary Chris has solid, well-rounded experience in the world of finance and investment, and she will be a tremendous asset to the MGM Resorts Board,” said Jim Murren, MGM Resorts chairman and CEO. “We are very pleased that she has accepted this pivotal role in our company’s future and in our industry.”

Gay joined Legg Mason in 1989 to work directly with former Legg Mason Capital Management Chairman and Chief Investment Officer Bill Miller on the firm’s flagship product, the Legg Mason Value Trust. At Legg Mason’s peak in assets, she oversaw the management of $20 billion in client assets.