Las Vegas Sands names Patrick Dumont the company's chairman and CEO, effective March 1. Dumont will succeed Robert Goldstein, who becomes senior advisor to the company through March 2028. Sands' board of directors had previously indicated Dumont would be the likely successor to Goldstein. He was also appointed chairman of Sands China, the company's Hong Kong-listed subsidiary.
"It is a true honor for me to serve as chairman and CEO of this iconic company founded by one of the industry's greatest visionaries," Dumont said in a statement. "Under the leadership of Sheldon Adelson and Rob Goldstein, Sands has reached tremendous heights, and I welcome the opportunity to build on that legacy in the years ahead. I am excited about our company's future and look forward to getting started in this new role."
Dumont was appointed president and chief operating officer of Sands in January 2021 and has been a member of the board of directors in 2017. He joined the company in 2010 and has focused on creating long-term growth for the business and its stakeholders in roles with responsibilities for operations, properties and capital allocation strategy. Dumont has more than 25 years of experience in management, development, operations and corporate finance.
Under his leadership, Sands has undertaken transformative investment programs in Macao and Singapore to elevate its product offerings, enhance customer experience and increase long-term earnings potential. He is responsible for the company's new development in Singapore, an $8 billion ultra-luxury project that broke ground in July 2025.