Asia

Grant Bowie Quits as MGM China CEO

Published

5 years ago

May 13, 2020

Niji Narayan

Reading Time: < 1 minute

Grant Bowie has submitted his resignation as Chief Executive Officer MGM China. He will leave his position on May 31, 2020.

According to MGM China, Bowie is not extending his contract and opting for personal retirement plans.

Bowie will continue as an advisor of the company until December 31, 2022.

‘Mr. Bowie has confirmed that he has no disagreement with the Board and there are no other matters in relation to his retirement as the Chief Executive Officer of the Company which need to be brought to the attention of the shareholders of the Company,’ the filing indicated.

‘Mr. Bowie expressed his gratitude to the Board, particularly Mr. Bill Hornbuckle and Ms. Pansy Ho, the Company and MGM Resorts for this opportunity and their support over the years.’

Net revenue generated by MGM China has dropped 63 per cent year-on-year in the first quarter of this year, reaching about US$272 million (MOP2.1 billion), the company’s latest financial report indicated.

Related Topics:Grant Bowie MGM China CEO MGM China

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.