Operator News
US – Sands names Rob Goldstein as its new Chairman with Patrick Dumont promoted to President
By Phil - 26 January 2021
Las Vegas Sands has named long-time company executive Robert Goldstein as its new Chairman and Chief Executive Officer, having previously assumed the role as acting Chairman and CEO on January 7, 2021.
Patrick Dumont has been named President and CEO, and Randy Hyzak will now serve as Chief Financial Officer. Mr. Dumont previously served as Executive Vice President and Chief Financial Officer, and Mr. Hyzak was Chief Accounting Officer. The changes come as the company continues to mourn the loss of its visionary founder, Mr. Sheldon G. Adelson, who was the company’s chairman and chief executive officer since its inception. Mr. Adelson passed away on January 11 at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma.
“Mr. Adelson’s leadership guided us to the top of our industry, and his legacy lives on through the company’s 50,000 team members and the iconic properties he developed around the world,” said Mr. Goldstein. “Our spirits have been dimmer in these few weeks since his passing, but the future of the company he founded shines bright. He would expect nothing less than an aggressive pursuit of the work he started, and I am determined to lead this company forward in a way that best honors his vision.”
M”Mr. Adelson established the roadmap for the future of this company, and that roadmap is unchanged. I am dedicated to working with Rob and our leadership team to make our strategic objectives a reality,” said Mr. Dumont. “Our path forward is clear and remains true to the principles our founder was committed to for so many years – we will continue supporting our people and the local communities in which we operate, reinvesting in our current markets, producing strong returns for our shareholders and aggressively pursuing new development opportunities.”
