MGM Resorts recently announced two significant executive appointments. Ayesha Molino has been appointed as the new Chief Operating Officer, and Gary Fritz has taken the role of Chief Commercial Officer and President of Digital Business. These personnel changes, all from within the group, reflect the company's emphasis on internal talent development.
According to the appointment schedule, Gary Fritz has officially started his new role, while Ayesha Molino will officially assume the position of Chief Operating Officer on January 1, 2026. Molino will succeed Corey Sanders, the current Chief Operating Officer who has served the company for over 30 years and will retire on December 31. Currently, Molino serves as the President and Chief Operating Officer of MGM's ARIA and Vdara hotels.
Ayesha Molino joined MGM in January 2017, previously serving as legal advisor and chief legal counsel to Harry Reid, the U.S. Senate Majority Leader and Democratic Leader. Additionally, she is a non-executive director of MGM China. Bill Hornbuckle, President and CEO of MGM, stated: "Ayesha is a highly talented strategic thinker and operator. She excels in managing complex environments and has earned the respect of her colleagues and peers."
Gary Fritz's role adjustment comes after his previous position as President of MGM International Hospitality Interactive Company. Currently, he also serves as a strategic advisor to Hornbuckle, as well as a board member of BetMGM and LeoVegas. Before joining MGM, Fritz worked at multinational corporations such as Expedia and McKinsey, and served as the head of IAC's gaming division.
Hornbuckle highly praised Fritz's contributions: "Gary has played a significant role in building and advancing our digital strategy through acquisitions, strategic partnerships, and the organic expansion of our BetMGM brand into new international markets like Brazil." He also mentioned that Fritz's new position will integrate all business sectors including digital, gaming, marketing, and advertising, helping to accelerate the implementation of the company's omnichannel strategy.
This personnel change occurs against the backdrop of strong performance in MGM's second quarter. The company's second-quarter revenue and earnings per share exceeded market expectations, with a consolidated net revenue of $4.4 billion, setting a new quarterly record for the company and demonstrating a positive business development trend.
