MGM China Holdings has appointed Kenneth Xiaofeng Feng as its new Chief Executive Officer, formalizing a leadership transition that places one of the company's longest-serving executives at the helm. His appointment took effect on 19 December 2025, according to a filing under the Hong Kong Listing Rules.
Feng, 55, has been with MGM Resorts International since 2001, holding a variety of roles across finance, strategic planning, operations and development. His international leadership experience includes positions such as Vice President for International Operations in 2007, Senior Vice President in 2009 and Executive Vice President of MGM International Operations from 2017.
Within MGM China, Feng has been a central figure for several years. He joined the board as a Non-Executive Director in 2018 before assuming the role of President, Strategic and Chief Financial Officer in 2020. He was re-designated as an Executive Director and President in July 2023. He has also served as a director of MGM Grand Paradise Limited.
Under the newly executed CEO Service Agreement, Feng will lead MGM China for a fixed three-year term. He is entitled to an annual gross fixed salary of US$1.5m, along with a management bonus determined at the discretion of the company's remuneration committee and board. The bonus will be based on both the group's operating results and Feng's performance.
The company said Feng's remuneration package reflects his extensive qualifications, experience and the level of responsibility associated with the CEO position. As reported in the 2024 annual report, he previously received total emoluments of HK$24.199m (US$3.1m) for his management duties.
Feng currently holds 2,861,100 share options under MGM China's Share Option Schemes and has no disclosed relationships with other directors, senior executives or major shareholders.
MGM China added that there are no other matters requiring shareholder attention under the Listing Rules, and Feng remains subject to retirement by rotation and re-election at the company's annual general meetings.
Feng previously served as President and executive Director of MGM China and has more than two decades of international operational experience within MGM Resorts
