Jim Murren, the head of casino giant MGM Resorts International, says he'll step down as chairman and chief executive as soon as the company finds a successor.
Murren has led the company since 2008. A corporate statement Wednesday said he intends to leave before his contract expires next year, but gave no reason.
"Jim has led the company through growth, transforming it into a global entertainment company with a worldwide footprint and creating value for MGM Resorts shareholders," board member Roland Hernandez said in the statement.
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