Las Vegas Sands has confirmed the appointment of Robert Goldstein as the company’s new Chairman and CEO following the passing of founder Sheldon Adelson on 11 January.
Goldstein, who earlier this month was named Acting Chairman and CEO following news that Adelson was taking a medical leave of absence, will now take on the top job permanently. Adelson passed away less than a week after taking leave following a long battle with non-Hodgkin’s Lymphoma.
Patrick Dumont has also been promoted to Goldstein’s former role of President and COO, with Randy Hyzak the company’s new Chief Financial Officer.
“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 Goldstein, who first joined LVS in 1995 and the Board of Directors in 2015.
“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.”
Dumont, Adelson’s son in law and a director since 2017, said the company’s roadmap remains unchanged.
“I am dedicated to working with Rob and our leadership team to make our strategic objectives a reality,” he said.
“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.”
LVS did not reveal whether Goldstein will also become full-time Chairman and CEO of Sands China Ltd after being named Acting Chairman and CEO of the Macau subsidiary earlier this month.
