Rumor: Jim Murren Set to Take Over as Resorts World President and CEO [UPDATED]

12 Comments

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  Peggy T. December 10, 2024

  It's all about the golden parachute and I can assure you it's very golden. Once in the door, he will slash everything in sight and show/fool the stockholders into believing he's a great leader. It's like putting a band-aid on a gunshot wound, it may stop the external bleeding but the bullet will kill you inside. Same with RW, eventually it will ruin any rapport with tourists from lack of service or incentives to visit. RIP RW while Jim floats comfortably away to the next property.

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  Wanda Diller December 9, 2024

  It's the right move to do, considering Murren was overseeing Sibella while he was at the reigns of MGM Grand. Replace one "expert" with another. The only way Murren was able to generate revenue was through his famous PGP plan, nothing else but cutting costs left and right, culminating with the layoff of every executive below him. MGM stock moved up in both occasions, just enough for the one interested to dump his hard earned company stock. Other than that, except adding a salary with many zeroes and most likely a nice yearly bonus with a generous umbrella, it's left to be seen what solutions (read cuts) such expert can bring to help RW. Good luck to them, they could have saved a lot of money by not getting his "expertise".

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  Hank December 6, 2024

  That photo and his lust for de-theming unique resorts screams "lover of mayonnaise sandwiches".

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  Shmuel December 6, 2024

  Jim Moron's paid parking scheme at MGM was a bullet to the head of real hospitality in Las Vegas. This town has never recovered and, without some kind of miracle, likely never will. It's clear, Mr. Moron (that IS the correct spelling, is it not?) has a talent for accomplishing almost anything he sets his sights on. Let's just hope he chooses to make Resorts World better & not worse. If he does this right, RW could become a catalyst for fixing the things ol' Jimmy broke in this town during his reign at MGM.

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  Kid block December 6, 2024

  If you look carefully, all the things that made Vegas the center of the known vacation universe is gone. Even worse is where the current casino leadership is headed. Spectacular shows with entire sinking ships, watching Cleopatra being carted by her buff, royal guards, Talking statues, cheap buffets, hot cocktail servers, comped shows, comped rooms, comped food and most of all, slots you could actually win on. that old school winning formula has been replaced by greed and with it, the inability for casino owners to understand you can only skin a sheep once. If you had even half of those old school tricks at your casino, I'll bet you wouldn't be able to get in the door. Will Jim Murren turn things around? not even a slim chance. and in all fairness, no big brass, self centered, egotistical CEO could. unfortunately Jim seems to be full of those bad traits. It would take radical rethinking and restructuring with the balls to gamble using a long lost business method to bring people back to the old school level of loyalty. Quit thinking about how to save a dollar and start thinking about how to attract a customer.

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  James December 5, 2024

  Let's not forget that this is the guy who always preached about "doing the right thing" Then weeks later laid off a huge percentage of staff that was described as a bloodbath. Do as I say, not as I do.

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  David December 5, 2024

  What’s funny is the guy has zero operational knowledge. He is one of those “leaders” who lead but have no clue what is actually taking place on his properties. Plus, I have heard he is not the nicest guy, especially to lower level grunts like me.

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  Alex December 5, 2024

  This is the guy that left the company after October 1 shooting, sued the people who were at the festival to protect #mgmblows , what happened to the start up company Jimmy boy started when he left town ? , lots of questions, hope he didn't have any family members killed that sad nite.

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  Manolo Abelardo December 4, 2024

  So, he’s the guy who’s responsible for parking fees. Could be good for the casino expense budget but not for the tourist budget, anyway it just makes the casinos who charged this fees look greedy since they already charged resorts fees that mostly never get to used by the customers.

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  George. December 5, 2024

  yes he invented parking fees - all parking worldwide was free until this guy had his idea...

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  The Vegas Tourist December 4, 2024

  Oh, where do we start with this disaster of an idea? Let's start with the City Center debacle. He is such a wiz with numbers that with him in charge, building City Center went 5 times over budget, and they had to "unbuild" one of the towers. The biggest laugh came when he told us that he bought the naked woman statue in the Park across from the Monte Carlo, oops, I mean The Park MGM, he (MGM) paid $ 5 million for that statute to prove that MGM "cares about women" (His words). I see Boyds coming back and buying the property for half of what they sold it for.

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  Mark December 4, 2024

  Murren was a major force in detheming anything and everything in Las Vegas. He took Egypt out of the Luxor and the New York out of New York New York. Murren worked for MGM for years with infinite resources. Just don't see him as type that turns around a single resort. This is a guy when interviewed, after Wynn opened, said he never visited that property. That just sounds insane. It's like the CEO of Disney Parks not going to Epic Universe (scheduled to open in 2025) when it opens because its just another court. As a CEO, of a major company, how could you not want to see what your competition has done/is doing? My personal opinion - there is nothing special about City Center. Murren spent a bunch of money but Steve Wynn created far better with less building Wynn/Encore. Just because you have a ton of money doesn't mean you can build a resort that knocks it out of the park. Is Murren's first step going to be to untheme the very little asian theming Resorts World has? Or is he going to get that big globe ripped out of the front lobby? Or, is he going to auction the Rolls Royce and trade them in for generic Lincon Towncar limos?

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