MGM China Holdings Limited announces major senior personnel changes, effective from Friday, with Kenneth Xiaofeng Feng appointed as CEO, Han Tian as the new Chief Operating Officer (COO), and Antonio Menano promoted to Chief Legal Officer, aiming to strengthen leadership in the Macau market. Information on related executive changes in the Macau gaming industry can be found on the PASA official website.
New CEO Kenneth Xiaofeng Feng: A seasoned veteran takes the helm with a clear compensation structure
Kenneth Xiaofeng Feng is no stranger to MGM! He joined MGM International Hotel Group in 2001, moved to the Chinese subsidiary in 2007, and has held positions such as President and Executive Director, also serving as a director of MGM Jin Dian Chao Ho Limited. His term is for three years, with a fixed annual salary of 1.5 million USD, excluding performance incentives and other compensation. Last year, his total income was about 3.1 million USD, and he currently holds over 2.8 million shares of MGM China, participating in rotational retirement and re-election votes according to company bylaws.
Personnel linkage adjustment: COO and Chief Legal Advisor change simultaneously
The former COO, Hubert Wang, resigned due to personal development reasons, and MGM expressed sincere gratitude for his 14 years of dedicated service. The new COO, Han Tian, is also a company veteran with nearly 20 years of service, previously serving as Senior Vice President of Gaming Operations and Strategic Marketing. Additionally, the former company secretary, Antonio Menano, has been promoted to Chief Legal Officer; he joined the group in 2005 and has many years of experience in legal and administrative affairs.
The core significance of the changes: Stabilizing management continuity and focusing on Macau's development
This wave of senior adjustments is not arbitrary! According to the investment website SimplyWallSt, Kenneth Xiaofeng Feng's appointment highlights MGM China's execution-oriented leadership strategy for the Macau market, relying on his extensive international operations and audit committee experience to reduce leadership uncertainty. MGM China emphasizes that this personnel change aligns with the commitment to pursue operational excellence, helping Macau to become a world tourism and leisure center, fitting the regional long-term growth goals.
————
This article is from "PASA-Global iGaming Leaders," a gambling industry news channel:https://t.me/pasa_news
Original in-depth gambling channel:https://t.me/gamblingdeep
Free data reports: @pasa_research
PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
