Las Vegas Sands at present introduced that Patrick Dumont will change into chairman and CEO of the corporate, efficient March 1, 2026. Mr. Dumont will succeed Robert G. Goldstein, who will change into a senior advisor to the corporate till March 2028.
Sands’ board had beforehand indicated that Mr. Dumont could be Mr. Goldstein’s possible successor. Mr. Dumont was additionally appointed chairman of Sands China Ltd., the corporate’s Hong Kong-listed subsidiary.
“It’s a true honor for me to function Chairman and CEO of this iconic firm, based by one of many trade’s best visionaries,” mentioned Mr. Dumont. “Beneath the management of Sheldon Adelson and Rob Goldstein, Sands has reached large heights and I welcome the chance to construct on that legacy within the years to come back. I’m enthusiastic about the way forward for our firm and look ahead to getting began on this new function.”
Mr. Dumont was appointed President and Chief Working Officer of Sands in January 2021 and has served on the board of administrators since 2017. He joined the corporate in 2010 and has targeted on creating long-term progress for the corporate and its stakeholders in roles with accountability for operations, actual property and capital allocation technique. Mr. Dumont has greater than 25 years of expertise in administration, improvement, operations and company finance.
Beneath his management, Sands has executed transformative funding applications in Macau and Singapore to boost its product providing, improve buyer expertise and enhance long-term revenue potential. He’s accountable for the corporate’s new improvement in Singapore, an $8 billion ultra-luxury undertaking that broke floor in July 2025.
“We’re lucky to have the perfect belongings in the perfect markets in our trade,” Mr Dumont added. “Our core management workforce has been working collectively for a few years and we’re deeply targeted on maximizing continued investments in our properties, individuals and native communities. Via our greater than 41,000 extremely dedicated workforce members and our precedence in delivering unparalleled experiences for discerning leisure and enterprise company, we stay targeted on creating constructive financial impression for our host areas and robust returns for our shareholders.”
Mr. Dumont earned an MBA from Columbia Enterprise College and a Bachelor of Science in mechanical engineering from Johns Hopkins College. Mr. Dumont lives together with his spouse and youngsters in Las Vegas, Nevada.