A simple but impactful announcement in 2000 by former MGM Resorts International Chairman and Chief Executive Officer J. Terrence Lanni established our company's formal commitment to the policy of diversity and set our company on an evolutionary journey. At the time, we were the first gaming company to launch a voluntary Diversity Initiative. We were also the first gaming company to establish a Diversity Committee-chaired by former U.S. Secretary of Labor Alexis M. Herman-and the first to establish a Diversity Department.
Diversity is now a powerful declaration that resounds throughout our company, from the boardroom to corporate offices, in hotels and casinos, on construction sites and in our community-focused initiatives.
In establishing the MGM Resorts International Diversity Initiative, our objective was to foster an environment in which diversity is explicitly recognized as a fundamental part not only among our employee population, but in all aspects of our business operations.
We continue to refine an annual strategic plan to advance efforts in critical areas such as human resources, procurement, construction, philanthropy, marketing and sales, and public relations. We expend significant time, energy and resources throughout the company's operations to help create meaningful results.
Now seven years after we commenced our formal initiative, diversity remains a critical business mission for us.
Our expectation is that those associated with our company-employees, suppliers, contractors-meaningfully embrace our diversity objectives. We firmly believe that "doing the right thing" not only stands on its own, but also helps our company serve our broad base of diverse customers better and more effectively. In other words, our Diversity Initiative reflects a true alliance between our social goals and our business goals.
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