Las Vegas Sands makes appointment to board

15 April 2009

By Amanda Finnegan, Las Vegas Sun

LAS VEGAS, Nevada -- Las Vegas Sands announced today the appointment of Jason Ader to its board of directors.

Ader is the CEO of Hayground Cove Asset Management, an investment management firm he founded in 2003. Prior to founding that company, Ader was a senior managing director at Bear Stearns & Co.

Ader is also the founder of India Hospitality Corp., a food service and hospitality business, and Global Consumer Acquisition Corp., an acquisition-oriented investment business.

He has been ranked on Institutional Investor's All-America Research Team for nine straight years and as the No. 1-ranked gaming and lodging/hospitality analyst in the Institutional Investor poll for three consecutive years.

The most recent election to the board came last month when Jeffery Schwartz was elected to replace James Purcell, who resigned after former President and CEO William Weidner left the company.