MGM Resorts’ Departing CEO Will Get $32 Million Exit Package

Compensation includes $6.9 million for consulting services
Company announced Jim Murren was leaving earlier this week

Jim Murren — Jim Murren
Photographer: Anthony Kwan/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Christopher Palmeri and Anders Melin

February 14, 2020 at 11:15 PM UTC

This article is for subscribers only.

MGM Resorts International, which abruptly announced this week that Chief Executive Officer Jim Murren is stepping down, will pay him an exit package worth about $32 million over the next two years.

Murren, who ran the Las Vegas-based casino operator since 2008, is set to receive his $2 million annual salary plus $11 million in bonuses for staying with the firm through the end of the year, according to a regulatory filing Friday.