Seasoned Financial Executive Adds Extensive Growth Management Experience to Leadership Team
Las Vegas Sands Corp. (NYSE: LVS) announced today that Kenneth J. Kay will join the company as senior vice president and chief financial officer.
Kay, who since 2002 has been senior executive vice president and chief financial officer at CB Richard Ellis Group, Inc., the world's largest commercial real estate services firm, will also serve as the company's principal financial officer. Mr. Kay will join the company effective December 1, 2008.
"We are incredibly pleased to welcome Ken, a seasoned executive with a wealth of financial experience, to our senior management team," said William Weidner, president and chief operating officer of Las Vegas Sands Corp. "Ken brings a successful track record of strong leadership of the financial function for Fortune 500 multinational organizations to Las Vegas Sands. His extensive experience is an ideal addition to our management team as we manage our businesses and ongoing developments around the globe."
"The opportunity to join Las Vegas Sands as it executes its development plans is an incredible opportunity, and I am looking forward to the challenge," said Kay. "With the company's significant operations and development plans in the U.S. and Asia, I am confident my broad international financial experience will be valuable to the company and its executive team during this important time."
Prior to his work at CB Richard Ellis, Mr. Kay most recently held senior executive positions with Dole Food Company, Inc., and Universal Studios Inc. He is a certified public accountant and has a master's degree in business administration from the University of Southern California.
