Las Vegas Sands Corp 8-K, filed Jan 7, 2021
Las Vegas Sands Corp (LVS)
8-K
2021-01-07
For: 2021-01-07
View Original
Added on
April 03, 2026
About this 8-K
Las Vegas Sands Corp filed this 8-K on January 7, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) January 7, 2021
| (Exact name of registrant as specified in its charter) | ||||||||
| (State or other jurisdiction of incorporation) | ||||||||
| (Commission File Number) | (IRS Employer Identification No.) | |||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
(702 ) 414-1000
(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||||||||||||||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||||||||||||||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||||||||||||||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||||||||||||||||||||
Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||||||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | ||||||||||||||||||||||||||
| Emerging growth company | ||||||||||||||||||||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ | |||||||||||||||||||||||||
| ITEM 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On January 7, 2021, Las Vegas Sands Corp. (the “Company”) announced that Chairman and Chief Executive Officer, Sheldon G. Adelson, will take a medical leave of absence, effective immediately, to receive further treatment for lymphoma. The Company’s Board of Directors (the “Board”) has appointed Robert G. Goldstein, President and Chief Operating Officer, as Acting Chief Executive Officer and Acting Chairman, effective immediately. Mr. Goldstein will continue in his role as President and Chief Operating Officer. Mr. Goldstein has been the Company’s President and Chief Operating Officer and a member of the Board since 2015 and has held a variety of senior leadership positions since joining the Company in 1995.
| ITEM 8.01. | Other Events. | ||||
On January 7, 2021, Sands China Ltd. (“SCL”), a majority-owned subsidiary of Las Vegas Sands Corp., announced that its Chairman and Chief Executive Officer, Sheldon G. Adelson, will take a medical leave of absence, effective immediately, to receive further treatment for lymphoma. SCL’s Board of Directors (the “SCL Board”) has appointed Robert G. Goldstein as Acting Chief Executive Officer and Acting Chairman, effective immediately. SCL also announced the addition of Mr. Chum Kwan Lock, Grant to the SCL Board.
| ITEM 9.01. | Financial Statements and Exhibits. | ||||
| (d) | Exhibits | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document | ||||
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 7, 2021
| LAS VEGAS SANDS CORP. | |||||||||||
| By: | /S/ D. ZACHARY HUDSON | ||||||||||
| Name: D. Zachary Hudson Title: Executive Vice President, Global General Counsel and Secretary | |||||||||||
EXHIBIT 99.1
 | Press Release | ||||
Las Vegas Sands Chairman Sheldon G. Adelson to take Medical Leave of Absence
LAS VEGAS, January 7, 2021 – In March of 2019, Las Vegas Sands Chairman and Chief Executive Officer Sheldon G. Adelson announced he was receiving treatment for non-Hodgkin’s lymphoma. Mr. Adelson recently resumed his cancer treatment and will be taking a leave of absence as of today from his role as chairman and chief executive officer of both Las Vegas Sands (NYSE: LVS) and Sands China Ltd.
The companies’ boards of directors have named Robert G. Goldstein, currently Las Vegas Sands’ president and chief operating officer, as acting chairman and acting chief executive officer of both organizations while Mr. Adelson is on medical leave.
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About Las Vegas Sands Corp. (NYSE: LVS)
Las Vegas Sands is the world’s pre-eminent developer and operator of world-class Integrated Resorts. We deliver unrivaled economic benefits to the communities in which we operate.
LVS created the meetings, incentives, convention and exhibition (MICE)-based Integrated Resort. Our industry-leading Integrated Resorts provide substantial contributions to our host communities including growth in leisure and business tourism, sustained job creation and ongoing financial opportunities for local small and medium-sized businesses.
Our properties include The Venetian Resort and Sands Expo in Las Vegas and the iconic Marina Bay Sands in Singapore. Through majority ownership in Sands China Ltd., we have developed the largest portfolio of properties on the Cotai Strip in Macao, including The Venetian Macao, The Plaza and Four
Seasons Hotel Macao, Sands Cotai Central and The Parisian Macao, as well as the Sands Macao on the Macao Peninsula.
LVS is dedicated to being a good corporate citizen, anchored by the core tenets of serving people, planet and communities. We deliver a great working environment for 50,000 team members worldwide and drive social impact through the Sands Cares charitable giving.
Contacts:
| Investment Community: | ||
| Daniel Briggs | ||
| (702) 414-1221 | ||
| Media: | ||
| Ron Reese | ||
| (702) 414-3607 | ||