Lanni resigns from KB Homes board of directors
Outgoing MGM Mirage Chairman and CEO Terry Lanni resigned his seat on the board of directors of KB Homes Tuesday.
Earlier this month, Lanni, 65, stepped down from his jobs with MGM Mirage, effective at the end of the month. Company President Jim Murren was elected to fill the casino operator’s chairman and CEO slots starting Dec. 1. Lanni was elected to an outside director position with MGM Mirage.
The day Lanni announced his departure, questions arose surrounding his academic credentials.
The KB Homes position was Lanni’s only corporate board position outside MGM Mirage. He is on the Board of Trustees for the Ronald Reagan Presidential Foundation, the Board of Overseers of the Keck School of Medicine at the University of Southern California, the board of trustees at Santa Clara University and the Del Mar Thoroughbred Club.
