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Las Vegas Sands | 8-K: Current report

SEC announcement ·  Jan 18 00:00
Summary by Moomoo AI
Las Vegas Sands Corp. has announced changes to its Board of Directors in a recent Form 8-K filing with the SEC. Nora Jordan and David Levi have both notified the company of their resignations from the Board, effective January 22, 2024. Their departures are not due to any disagreements with the company's operations, policies, or practices. Concurrently, Alain Li has been elected as a new member of the Board, also effective January 22, 2024. Li's appointment comes with no disclosed arrangements or material transactions that could influence his selection. He will receive compensation as a non-employee director, which includes an increased annual restricted stock or stock unit grant of $200,000, as per the company's 2023 proxy statement.
Las Vegas Sands Corp. has announced changes to its Board of Directors in a recent Form 8-K filing with the SEC. Nora Jordan and David Levi have both notified the company of their resignations from the Board, effective January 22, 2024. Their departures are not due to any disagreements with the company's operations, policies, or practices. Concurrently, Alain Li has been elected as a new member of the Board, also effective January 22, 2024. Li's appointment comes with no disclosed arrangements or material transactions that could influence his selection. He will receive compensation as a non-employee director, which includes an increased annual restricted stock or stock unit grant of $200,000, as per the company's 2023 proxy statement.
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