Kirk Kerkorian to Step Down from MGM Board

Billionaire Kirk Kerkorian will step down in June from the board of MGM Resorts International (MGM), the casino company he founded, to become a senior adviser and its first director emeritus. Kerkorian, 93, MGM Resorts’ biggest shareholder through his Tracinda Corp., said in an interview that his 27 percent stake is ably represented by the [...]