Robert Goldstein has been confirmed as chairman and chief executive officer of Las Vegas Sands, having occupied the roles since January 7, 2021, on a temporary basis.
As a result, Patrick Dumont is to take up the positions of president and chief operating officer, with Randy Hyzak to serve as chief financial officer.
The changes come as the company continues to mourn the loss of its founder Sheldon Adelson, who was chairman and CEO since its inception. 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 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 honours his vision.”
Goldstein joined the company in 1995 and became a member of the board of directors in January 2015. Prior to his latest appointment, he had served as president and chief operating officer since January 2015.
Dumont joined Sands in 2010 and has been a director of the company since April 2017. In addition to his role as executive vice president and chief financial officer, he has also held positions as senior vice president of finance and strategy, and vice president of corporate strategy.
“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,” added 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.”
With Dumont’s appointment, Hyzak now assumes the role of chief financial officer, after serving as senior vice president and chief accounting officer since joining the company in March 2016.