US – MGM adds new board memberBy Phil - 10 February 2014
MGM Resorts International has announced that Mary Chris Gay has been elected to the company’s Board of Directors.
A resident of Maryland, Ms. Gay served as a senior vice president, portfolio manager and equity analyst for more than 24 years at Baltimore-based Legg Mason Global Asset Management, an international asset management firm. Her primary area of research focused on the gaming and lodging industries at a time when Legg Mason Funds took meaningful positions in several companies within the industry groups and was often among the largest investors in the space.
“Mary Chris has solid, well-rounded experience in the world of finance and investment, and she will be a tremendous asset to the MGM Resorts Board,” said Jim Murren, MGM Resorts Chairman of the Board and Chief Executive Officer. “We are very pleased that she has accepted this pivotal role in our Company’s future and in our industry.”
Ms. Gay joined Legg Mason in 1989 to work directly with former Legg Mason Capital Management Chairman and Chief Investment Officer Bill Miller on the firm’s flagship product, the Legg Mason Value Trust. At Legg Mason’s peak in assets, she oversaw the management of $20bn in client assets.
During her tenure, she also travelled extensively and managed collective funds registered in Ireland, Australia, Canada, France, Hong Kong, Italy, Luxembourg, Switzerland and the UK.
She earned her bachelor’s degree in finance from Towson University and her master’s degree in finance from Loyola University in Maryland. During her undergraduate studies, she spent six months living in London and studied at the University of London and Polytechnic of Central London. She also attended New Mexico’s Santa Fe Institute, a research and education center, and several courses at Harvard Kennedy School’s Executive Education program.