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Sisk Exits Sands China

Sisk Exits Sands China

The No. 2 executive at Sands China has left the company, the latest in a series of recent senior-level departures at Las Vegas Sands’ Macau subsidiary.

Chief Operating Officer David Sisk was asked to resign, sources told The Wall Street Journal.

The Journal speculated that his departure may have come as the result of a power struggle with Chief Executive Ed Tracy. They both joined the Hong Kong-listed operator in August 2010 after Sands had fired its previous chief executive, Steve Jacobs, several weeks earlier. Jacobs is suing LVS for wrongful termination.

The June announcement that Grant Chum, formerly UBS’ head of Hong Kong equity research, has been hired as Asia-based senior vice president of global gambling strategy raised further questions about Sisk’s role, the Journal said.

Sands declined to comment, stating only that “David Sisk has resigned and is no longer with the company,” the Journal said.

Before joining Sands, Sisk was chief financial officer of Wynn Resorts’ Las Vegas casinos and had also worked at Caesars Entertainment.

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