Since 2011, John Caparella has served as the president of the Venetian and Palazzo. In just a few weeks, Caparella will bid farewell to the resort, and will be replaced by George Markantonis, who most recently was the top executive in the Bahamas, at the Atlantis resort.
Sands spokesman Ron Reese said Caparella is “leaving to pursue new career opportunities,” but left it at that.
Markantonis brings with him a long track record in the hospitality industry, where he has worked for decades, including 16 years with the Westin hotel and resort chain. He also served as senior vice president of hotel operations at Caesars Palace. He started his new job at the Venetian and Palazzo on March 17.