either a reason for Bradley H. Stone’s resignation nor a departure date was included in the company's Securities and Exchange Commission filing.
Neither a reason for Stone’s resignation nor a departure date was included in the filing.
His resignation marks the second executive to resign in March. On March 9, William P. Weidner, president and chief operating officer was replaced after severing the company for 14 years.
According to the Las Vegas Journal-Review, Stone’s departure will leave the company without construction leadership as its Sands Bethlehem project readies for a May opening as well as at its Marina Bay Sands project in Singapore. He had been with the company since 1995.
Reuters reports that the company is also working with Goldman Sachs, Citigroup and Lehman Brothers Inc. to adjust existing credit to purchase us$ 800 million in outstanding term loans.