Elvis' widow chosen for biz, ent experience
Thesp Priscilla Presley, better known as the widow of Elvis Presley, has been elected to the MGM board.
Move, announced Monday, brings the number of MGM directors to 11.
Presley, who authored the best-selling book “Elvis and Me,” is also the founder and chairman of an advisory board to Elvis Presley Enterprises, which licenses Elvis-related merchandise and entertainment projects.
“Basically, the appeal was her combined entertainment and business experience,” MGM spokeswoman Lea Porteneuve said of Presley’s appointment to the studio board. “She’s highly regarded in what she’s been able to do in turning around Elvis Presley Enterprises.”
MGM CEO Alex Yemenidjian is chairman of the MGM board, and majority owner Kirk Kerkorian is a director, along with vice chairman and chief operating officer Chris McGurk.
Other directors include James Aljian, an exec with Kerkorian holding company Tracinda; Michael Gleason, an exec with Australian broadcaster Seven Network who was named to the board for a second time on Aug. 30; filmmaker Francis Ford Coppola; former U.S. secretary of state Alexander Haig; radio broadcasting exec Willie Davis; former MGM boss Frank Mancuso; and Jerome York, chairman of computer reseller MicroWarehouse.