On the wall of Robert R. Maxey’s office are several personal photos, including one of him in fishing gear holding an impressive-sized salmon. They’re informal shots of the man who is president and CEO of MGM Grand Inc., the company that oversees MGM Grand Hotels and MGM Grand Airlines.
Maxey came to Las Vegas from Los Angeles as a computer systems engineer.
The company was a statewide liquor distributor headed by Steve Wynn. After spending time as senior vice president of First Western Financial Corp. — and moving “from technician to executive,” as he puts it, Maxey rejoined Wynn as executive vice president and chief operating officer of Golden Nugget Inc., supervising the opening of the Golden Nugget Hotel in Atlantic City.
From 1982-85, he took a leave of absence from Wynn’s operation to serve as chief executive officer of Elsinore Corporation, parent company of the Four Queens Casino/Hotel in Las Vegas, the Hyatt Lake Tahoe and the Playboy Casino/Hotel in Atlantic City.
In late 1985, Maxey returned to Golden Nugget Inc. as consultant to chairman of the board Wynn, working on the Mirage and Golden Nugget/Laughlin projects. In May 1989, Maxey joined MarCor Resort Properties Inc., opening the Rio Suite Hotel & Casino in January 1990.
And then, Maxey explains, “Mr. Kerkorian asked me to serve as consultant on the MGM project. As he described it, I felt the old juices flowing. And it has been a magnificent journey so far. Now that the financial planning has been done , (the MGM Grand) is the operating team’s responsibility.”