Sands China Ltd. (HKEx: 1928), a majority owned subsidiary of global resort developer Las Vegas Sands (NYSE: LVS) today announced the appointment of Wilfred Wong, GBS, JP, as the company’s new president and chief operating officer. Mr. Wong’s appointment is effective November 1, 2015and he will replace Rob Goldstein (current president and COO of LVS), who has been serving as Sands China’s interim president since earlier this year.
Mr. Wong is joining Sands China after having served in a variety of senior business roles, including most recently as chairman and chief executive officer of the Hong Kong listed Hsin Chong Construction Group Ltd. Mr. Wong also held top management positions in a number of other Hong Kong listed companies in the property development and construction business sectors, including K. Wah International Holdings Limited, Henderson China Holdings Limited and the Shui On Group.
Additionally, Mr. Wong has had a distinguished career in the public sector, where he served in various different levels of the Hong Kong government. Mr. Wong also served in many positions appointed by the Central People’s Government: as a member of the Hong Kong Basic Law Consultative Committee; member of the Preliminary Working Committee and subsequently the Preparatory Committee responsible for establishing the Hong Kong Special Administrative Region. Mr Wong was also elected a member of the National People’s Congress of the People’s Republic of China for 15 years from 1997 to 2012.
“Wilfred has a unique combination of private and public sector experience we think will be invaluable to the company at this point in our history. We’ve been a part of the Macao community for more than a decade and our needs, along with our responsibilities to the people of Macao, have changed dramatically since we opened the Sands Macao in 2004. As president of Sands China, Wilfred will be able to put his experience to work helping us chart a path for our next decade of success in Macao,” said Sheldon G. Adelson, the chairman of both SCL and LVS.
“The entire team in Macao has done extraordinary work this year and Wilfred’s addition will allow us to operate at an even higher level moving forward. We reached outside the gaming industry to find an executive who is highly educated, distinguished, and ethical. Wilfred’s successful career in business and public service is going to provide the company with a different set of perspectives, insights and approaches that will be valuable to Sands China in the future. Putting Wilfred together with our seasoned management team in Macao strongly positions the company to continue to execute our strategy and maximize the important opportunities ahead of us,” stated Mr. Goldstein.