MGM expanded the size of its board of directors to 11 Monday to include Priscilla Presley, the actress and widow of Elvis Presley. In a statement, Alex Yemenidjian, chairman and CEO of the company, cited Presley's "enterprising approach to business, coupled with her comprehensive understanding of our industry." Other board members include primary investor Kirk Kerkorian, director Francis Ford Coppola, former MGM studio chief Frank Mancuso and former Secretary of State Alexander Haig, according to a news release distributed by the company.

Source: Studio Briefing