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Sands China Appoints Edward M. Tracy as President and CEO

Travel News Asia Latest Travel News Podcasts Videos Thursday, 28 July 2011

Mr. Edward M. Tracy, who is currently serving as President and Chief Operating Officer of Sands China Ltd., has been appointed as the company’s President and Chief Executive Officer, an executive director of the company and a member of the Parcels 5 and 6 Capital Expenditure Committee.

Mr. Michael A. Leven, who was appointed as Acting Chief Executive Officer on 23 July 2010, has been re-designated to Non-Executive Director of Sands China Ltd.

Mr. Tracy has served as President and Chief Operating Officer of the company since 27 July 2010 and served as a special advisor on the Parcels 5 and 6 Capital Expenditure Committee from 1 March 2011 until 27 July 2011. Mr. Tracy has over twenty years of hands on management and development experience in the gaming and hospitality industry. His extensive experience includes serving as Chairman and Chief Executive Officer of Capital Gaming, a multi-jurisdictional manager and developer of regional casinos.

Mr. Tracy also served as Chief Executive Officer of the Trump Organization, which included all casino, hotel and entertainment entities. During his tenure at the Trump Organization, he was responsible for managing over 12,500 employees, 3,000 luxury rooms and 240,000 square feet of casino space, which produced annual revenues in excess of US$1 billion.

 Prior to that, Mr. Tracy served as Vice President and General Manager of Sands Hotel and Casino in San Juan, Puerto Rico. And he also served as Vice President and Director of Hotel Operations for Middex Hospitality, a New York based hotel development company.

Mr. Tracy began his career in the hotel industry during his five year (1978-1982) tenure at the inception of Hotel Investors Trust in which he served in several executive hotel management positions, including Director of Operations. Mr. Tracy's experience with Hotel Investors Trust, and his subsequent experience, has provided him with thorough knowledge of hotel and casino financing, development, acquisition, operations and marketing.

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