MGM MIRAGE (NYSE: MGG), one
of the world`s most respected entertainment, hotel and gaming companies, today
announced the election of Roland Hernandez, a television and entertainment
industry executive, to its Board of Directors.
Mr. Hernandez currently owns and manages media holdings in Texas and most
recently served as Chairman of the Board and Chief Executive Officer of
Telemundo Group, Inc., a Spanish language television and entertainment company
that was recently sold to NBC, an affiliate of General Electric. Prior to
that, Mr. Hernandez was Founder and President of Interspan Communications, a
company engaged in a variety of services related to Spanish media.
“Our company has embarked on a renewed effort to diversify our board`s
membership by seeking candidates who possess broad, strategic strengths,” said
MGM MIRAGE Chairman and Chief Executive Officer J. Terrence Lanni. “Roland
Hernandez is an excellent addition to our board. He brings to MGM MIRAGE
years of national entertainment and media experience, and we are pleased that
he is making this commitment to our company.”
Mr. Hernandez added, “MGM MIRAGE is a dynamic company with a wealth of
future opportunities for growth. I look forward to helping the company
continue to serve its customers and shareholders at the highest level.”
He also serves on the Board of Directors of Wal-Mart Stores, Inc., where
he is Chairman of the Audit Committee, and the Ryland Group, a California-
based home builder and mortgage finance company. Mr. Hernandez is also on the
board of privately held Inter-Con Security Systems, Inc., a large,
international security firm.
Mr. Hernandez devotes considerable time to non-profit work, and serves on
the Boards of Harvard University`s Rockefeller Center for Latin American
Studies, Harvard Law School`s Board of Advisors and Yale University`s
President`s Council on International Activities. In addition, he is a
Director of the University of Southern California`s Annenberg School of
Mr. Hernandez is the recipient of both J.D. and Bachelor of Arts Degrees
from Harvard University.