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Las Vegas Sands board member resigns25 November 2008LAS VEGAS, Nevada -- Casino operator Las Vegas Sands Corp. says one of its board members has resigned because of increased demands on his "personal business interests," prompting the company to replace him on its audit committee to satisfy requirements of the New York Stock Exchange. Las Vegas Sands said in a Monday filing with the Securities and Exchange Commission that board member Andrew Heyer resigned on Wednesday last week. Sands said it received a notice the next day from the New York Stock Exchange that with two directors on its audit committee, it was not meeting requirements for listed companies to have three committee members. Sands says existing board member Michael Leven replaced Heyer on the audit committee on Monday. Copyright GamingWire. All rights reserved. |