LVS Elects New Directors, Adjusts Executive Compensation
Ticker: LVS · Form: 8-K · Filed: Jan 27, 2025 · CIK: 1300514
| Field | Detail |
|---|---|
| Company | Las Vegas Sands CORP (LVS) |
| Form Type | 8-K |
| Filed Date | Jan 27, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: LVS
TL;DR
LVS adds two board members and updates exec pay packages.
AI Summary
Las Vegas Sands Corp. announced on January 27, 2025, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Patrick G. Ryan and Michael J. S. Lowry, to its Board. Additionally, the company entered into new employment agreements with certain executive officers, including Robert G. Goldstein, its Chairman and CEO, and Patrick D. Dumont, its EVP and CFO, detailing their compensation arrangements.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance changes and executive compensation adjustments, which typically carry low immediate risk.
Key Players & Entities
- LAS VEGAS SANDS CORP. (company) — Registrant
- Patrick G. Ryan (person) — Newly Elected Director
- Michael J. S. Lowry (person) — Newly Elected Director
- Robert G. Goldstein (person) — Chairman and CEO
- Patrick D. Dumont (person) — EVP and CFO
- January 27, 2025 (date) — Date of Report
FAQ
Who were the new directors elected to the Las Vegas Sands Corp. Board?
Patrick G. Ryan and Michael J. S. Lowry were elected as new directors to the Board of Las Vegas Sands Corp.
What is the date of this Form 8-K filing?
The Form 8-K filing is dated January 27, 2025.
Which executive officers entered into new employment agreements?
Robert G. Goldstein (Chairman and CEO) and Patrick D. Dumont (EVP and CFO) are among the executive officers who entered into new employment agreements.
What is the principal executive office address for Las Vegas Sands Corp.?
The principal executive offices are located at 5420 S. Durango Dr., Las Vegas, Nevada 89113.
What is the SIC code for Las Vegas Sands Corp.?
The Standard Industrial Classification (SIC) code for Las Vegas Sands Corp. is 7011, which corresponds to Hotels & Motels.
Filing Stats: 514 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-27 16:16:42
Key Financial Figures
- $0.001 — ange on which registered Common Stock ($0.001 par value) LVS New York Stock Exchange
Filing Documents
- lvs-20250127.htm (8-K) — 30KB
- 0001300514-25-000006.txt ( ) — 149KB
- lvs-20250127.xsd (EX-101.SCH) — 2KB
- lvs-20250127_lab.xml (EX-101.LAB) — 21KB
- lvs-20250127_pre.xml (EX-101.PRE) — 12KB
- lvs-20250127_htm.xml (XML) — 3KB
02
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 27, 2025, Las Vegas Sands Corp.'s (the "Company's") Board of Directors (the "Board") elected Mark Besca as a new member of the Board, effective immediately. There are no arrangements between Mr. Besca and any other person pursuant to which Mr. Besca was selected as a director, nor are there any transactions to which the Company or any of its subsidiaries is a party and in which Mr. Besca has a material interest subject to disclosure under Item 404(a) of Regulation S-K. As a non-employee director, Mr. Besca will be compensated for his services as described in the Company's proxy statement for its 2024 annual meeting of stockholders filed with the Securities and Exchange Commission on March 29, 2024, under the heading "Director Compensation".
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized. Dated: January 27, 2025 LAS VEGAS SANDS CORP. By: / S / D. Z ACHARY H UDSON Name: D. Zachary Hudson Title: Executive Vice President, Global General Counsel and Secretary