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Sands China announces Grant Chum as new CEO and president

The concessionaire’s COO takes over the reins from Robert Goldstein, while Wilfred Wong is set to become executive vice chairman.

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UPDATED: 25 Jan 2024, 9:05 pm

Macao gaming operator Sands China Ltd announced today that it is promoting chief operating officer Grant Chum to the position of chief executive officer and president of the company. 

He will be replacing the incumbent, Robert Goldstein, 68, who has helmed Las Vegas Sands (LVS) and its Macao-based subsidiary Sands China since the passing of LVS founder Sheldon Adelson in January 2021. Goldstein will continue to serve as the chairman of SCL as well as maintain his role as the chairman and CEO of LVS. 

Chum, 48, worked at UBS Investment Bank for 14 years before he joined LVS as its senior vice president of global gaming strategy in July 2013. He moved to Sands China as chief of staff in November 2015 and was promoted to chief operating officer in February 2020.

[See more: Las Vegas Sands increases its stake in Sands China]

The casino operator has also announced that Wilfred Wong, 71, currently serving as president and executive director, will be assuming the new position of executive vice chairman. Wong holds key positions such as chairman of the Hong Kong Film Development Council and honorary president of the Macau Research Association for Macau Gaming Law. 

He actively participates in arts and cultural policy as vice-chairman of Hong Kong’s culture commission and contributes to higher education governance. Wong’s extensive public service includes significant roles in Hong Kong’s government and legislative development, earning him top honours from the Hong Kong government and an honorary doctorate from the Hong Kong Baptist University.

Dave Sun, 50, has taken on the expanded responsibilities of executive vice president at the company, while continuing to serve as the chief financial officer (CFO). Dylan Williams, 48, has also been named executive vice president, adding to his portfolio of roles which include general counsel and company secretary.

As one of the six concessionaires in Macao, Sands China operates Sands Macao, the Venetian Macao, the Parisian Macao, the Londoner Macao and the Plaza Macao. It is largely owned by its American parent company, which holds a 70 percent stake. 

UPDATED: 25 Jan 2024, 9:05 pm

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