MGM Resorts International has added REIT specialist John Kilroy to the board of directors of the Las Vegas-based casino giant.
Kilroy is chairman and chief executive of Kilroy Realty Corp., a real estate investment trust engaged in commercial property ownership, acquisition, development and operation.
He also serves on the advisory board of governors for the U.S.-based National Association of Real Estate Investment Trusts.
In 2016, MGM Resorts established a subsidiary, MGM Growth Properties, as a publicly traded REIT with holdings that include the company’s seven Las Vegas Strip resorts and more recently Atlantic City’s Borgata Hotel Casino and Spa.
“Mr. Kilroy’s distinguished knowledge of real estate, strong business acumen, public company experience and proven track record toward creating shareholder value by creating environments that attract innovators in technology and media, will bring a unique and complementary perspective to our company and our shareholders,” said Chairman and CEO James Murren.
The expanded board now includes 12 members.
