Las Vegas Sands Corporation announced Michael Leven has retired from the company’s board of directors and also from the board of the Sands China Limited subsidiary. No reason was listed in the Securities and Exchange Commission filing, which stated, “Mr. Leven has decided to retire and has confirmed that he has no disagreement with the board, and there are no matters that need to be brought to the attention of the shareholders of the company in respect of his retirement.”
Leven joined the Sands board in August 2004. He served as president and chief operating officer from 2009 to 2014, when he retired from those roles but remained as a director. He was succeeded as president and chief operating officer by Rob Goldstein. During Leven’s tenure as president, the firm opened the Marina Bay Sands in Singapore and posted significant profit growth and increased market share in Macau.
Leven previously was chief executive at U.S. Franchise Systems Inc. which he founded in 1995. The company franchised the Microtel Inns & Suites and Hawthorn Suites hotel brands. Leven also served as president at Holiday Inn Worldwide, Days Inn of America and Americana Hotels.
Las Vegas Sands Corporation owns the Venetian and Palazzo on the Las Vegas Strip, plus resorts in Pennsylvania, Singapore and Macau.
