Nora Jordan, a partner with New York-based law firm Davis Polk’s Investment Management Group, has been selected to join the Las Vegas Sands board of directors. She is the second woman to become part of the board, in a position that took effect on January 1.
According to the Las Vegas Review-Journal, Jordan has led New York-based Davis Polk’s for more than 20 years, advising hedge funds, mutual funds and private equity funds. She has worked on numerous internal and SEC investigations involving asset managers and acquisitions, reorganizations and restructurings of asset managers.
As a non-employee director, Jordan will be paid between $100,000 and $150,000 for her services as described in the company’s 2020 proxy statement.
Jordan has been with Davis Polk since 1983.
Jordan joins Micheline Chau as the second woman on the 11-member board under Chairman and CEO Sheldon Adelson.
The SEC filing also said Xuan Yan informed the company Monday that he would resign from the board effective December 31. Yan informed board members that his other professional commitments preclude him from serving on the board after Dec. 31.
Yan said that he enjoyed working with the company, the board and the management team, that he was “extremely proud of his association with the company because it is such a well-run and socially responsible organization, and that he wished the company all the best in its future endeavors,” according to the filing.
Las Vegas Sands operates the Venetian, Palazzo and the Sands Expo and Convention Center in Las Vegas.