Bill Weidner resigned as president of Las Vegas Sands today.
http://www.lvrj.com/news/breaking_news/40975622.html
Not much more information is available at this time, though this seems unexpected and sudden. Las Vegas Sands has been hit especially hard by the economic downturn.
Comments
Prediction: Bill Weidner teams up with the creditors and ends up running LVS when it emerges from bankruptcy. He has been dissenting from Sheldon for a couple months now. Chapter 11 is only a few months away. LVS will be a powerhouse if it can get much of the debt forgiven. Sheldon will be forced out during the bankruptcy.
Well we knew Bill and Sheldon were having some problems getting along, and both had very different views on how to handle a number of certain items. The stock is way down, due to this. I think I'll gamble and grab 1000 shares, and see how it rolls. No different than going to Vegas I guess, though Vegas might be more fun!
He seems to be highly regarded. I doubt unless Sands has a complete management revolution that he'd be back there. More likely he could sign on if an independent company (e.g., Penn National) buys up some of MGM's assets or even take over running Cosmopolitan (which could really use some experienced leadership).
AJC.com here in Atlanta is reporting that Mike Leven — the Georgia Aquarium is leaving and taking a job with Las Vegas Sands.
Mike Leven — the Georgia Aquarium head who introduced Titanic Aquatic, yoga and proposed adding a new “marquee” fish at least every quarter — is leaving for Las Vegas.
The world’s biggest fish tank announced Leven’s resignation late Monday afternoon. He will become president and chief operating officer of the Las Vegas Sands Corporation.
Anthony Godfrey, who joined the aquarium as chief financial officer in 2005 and is currently an executive vice president and chief operating officer, has been named president.
“Mike has done everything I have asked and more in the past 18 months,” said Home Depot co-founder Bernie Marcus, who founded the aquarium. “He strengthened our leadership team by adding Billy Hurley and Greg Bossart; created the highly successful ‘something new every 90 days’ program, and oversaw the initial stages of the dolphin expansion program.”
http://www.lasvegassun.com/news/2009/mar/10/las-vegas-sands-reveals-details-presidents-departu/
Long Shot, but does anyone know someone, that knows someone etc who can put me in touch with Bill Weidner or his representatives?
Regards
Dee
Long shot indeed Dee
More from the Sun:
http://www.lasvegassun.com/news/2009/mar/11/leader-exits-sands-struggles/