MGM Resorts International named Paul Salem to the company’s board of directors, expanding the board from 12 to 13 directors.
MGM Resorts Board has added three independent directors since 2017.
“These appointments underscore the company’s commitment to proactively enhance its board and ensure that we have an appropriate mix of skills, experience and perspectives,” MGM Resorts chairman and CEO Jim Murren said in a statement.
Salem has held several positions with Providence Equity Partners since 1992, a global asset management firm. During that time, the firm has grown from $170 million in assets to nearly $60 billion. Providence Equity is one of the world’s leading investors specialized in the media, communications, education and information industries.
“Mr. Salem is a distinguished leader with over 26 years of experience in the financial services industry,” Murren said. “Paul brings invaluable insight in corporate finance and asset management, and his strong track record of value creation has earned him an outstanding reputation within the investment and not-for-profit communities.”
