The Cosmopolitan of Las Vegas announced the appointment of William McBeath as the resort’s new president and chief executive officer. He will succeed outgoing CEO John Unwin.
McBeath most recently was head of private equity firm Z Capital Partners. Prior to that, he was president and chief operating officer of CityCenter. McBeath also was president and chief operating officer of the Mirage, Treasure Island and Bellagio in Las Vegas.
The resort is in the process of being sold by Deutsche Bank to the Blackstone Group for $1.73 billion. The current owner must get approval from the Nevada Gaming Commission to transfer the Cosmopolitan’s gaming licenses to the new owner.