MGM Resorts International has a new director on its board. Keith Meister, the managing partner and chief investment officer of Corvex Management LP, has been tapped to fill a seat on the board, effective as of today. Corvex owns approximately 3% of MGM’s shares.

In a written statement from yesterday, MGM’s chairman and CEO, Jim Murren, stated, “[We] are aligned on our strategy to increase free cash flow, continue to pursue an asset-light model, drive margin improvement and position the company for long-term future growth. Keith’s strong track record of helping companies maximize value for shareholders as well as his experience in real estate and gaming will be invaluable.”

Meister was previously a director of Yum! Brands Inc, a fast-food company, as well as ADT Corp., The Williams Companies, Ralcorp Holdings, Inc. and American Casino and Entertainment Properties LLC. He also served as a director in Motorola Inc. and its subsidiary, Motorola Mobility, Inc.

The executive becomes the 13th member of MGM’s board. Four independent directors have been appointed since 2017 and a total of 11 independent directors now sit around the MGM table.