MGM China Holdings Chief Executive Officer and Executive Director, Grant Bowie, will leave his position at the company effective May 31, the casino operator unveiled in a filing with the Hong Kong Stock Exchange (HKEx).
In the filing, the casino operator revealed that Bowie had “decided not to extend his contract and elected to step down earlier to match with his personal retirement plans.”
Grant Bowie, who’s been in Macau since 2003, will remain as Executive Director for an undetermined handover period. Bowie will also continue in an advisory role through December 31, 2022, the note to the HKEx says.
“Mr Bowie has confirmed that he has no disagreement with the board and there are no other matters in relation to his retirement… which need to be brought to the attention of the shareholders of the company,” noted the filing.
Before joining MGM China in 2008, 62-year-old Bowie held a similar position at Wynn Macau, the local subsidiary of Wynn Resorts.
Currently, MGM China operates two casino complexes in Macau, namely MGM Macau on the peninsula, located adjacent to the Mandarin Oriental, Macau and Wynn Macau, as well as MGM Cotai, situated between Sands Cotai Central and Wynn Palace on the Cotai Strip.
Locally, Bowie is known for being friendly and approachable with staff at MGM China. The HKEx highlighted Bowie’s expression of gratitude to MGM China’s team over the years he has served at the local company’s helm.
From dragon boat racers and race spectators, the Times has learned that Bowie normally stayed at the race venue for entire days to support MGM China’s teams, as long as they remain in the race. The dragon boat races will return next month as one of the first events in Macau to be staged since the coronavirus outbreak in late January. AL
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