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Las Vegas Sands names new CEO after death of Sheldon Adelson

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Posted at 2:59 PM, Jan 26, 2021
and last updated 2021-01-26 17:59:08-05

LAS VEGAS (KTNV) — Las Vegas Sands has named long-time company executive Robert G. Goldstein chairman and chief executive officer, after having assumed the role as acting chairman and chief executive officer on Jan. 7, 2021. Patrick Dumont has been named president and chief operating officer, and Randy Hyzak will now serve as chief financial officer. Mr. Dumont previously served as executive vice president and chief financial officer, and Hyzak was chief accounting officer.

The changes come as the company continues to mourn the loss of its visionary founder, 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.

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Goldstein joined the company in 1995 and became a member of the Board of Directors in January 2015. Prior to his appointment as chairman and chief executive officer, Goldstein had served as president and chief operating officer since January 2015. His previous roles with the company include president of global gaming operations and executive vice president and president and chief operating officer of The Venetian and The Palazzo Las Vegas.

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, Mr. Dumont also held positions as senior vice president, finance and strategy, and vice president, corporate strategy. Prior to his roles at Sands, Mr. Dumont worked in corporate finance.

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. Prior to Sands, Hyzak served as vice president and chief accounting officer at Freescale Semiconductor, Ltd., and previously held other finance and accounting leadership positions at Freescale Semiconductor, including corporate controller.