Patrick Dumont currently holds the position of Chief Financial Officer (CFO), Executive Vice President and Director of Las Vegas Sands Corp. – one of Asia and North America's leading integrated resort developers and operators – since joining in June 2010. As Chief Financial Officer, he has played a key role in shaping financial and operational strategies within the company and his extensive expertise in corporate finance make him an essential member of the company's executive team.
Professional journey
Dumont began his career at Las Vegas Sands as Vice President of Corporate Strategy in June 2010. With his strategic vision and financial savvy, Dumont was quickly promoted to Senior Vice President of Finance and Strategy in September 2013; during this time, his responsibilities expanded significantly to oversee financial strategies critical to the growth and stability of Las Vegas Sands.
Dumont assumed the role of Executive Vice President and Chief Financial Officer in March 2016, playing a key role in leading Las Vegas Sands’ financial planning, risk management, and strategic investment activities. Since February 2016, he has also served as Principal Financial Officer, further emphasizing his importance to their finances.
Family Connection
Patrick Dumont's close ties to the founding family added another layer to his role. As Sheldon G. Adelson was one of the founding leaders of Las Vegas Sands – serving as Chairman, Chief Executive Officer and Treasurer before his untimely death – their relationship yielded insights uniqueness and continuity of leadership for Las Vegas Sands during this important period of growth.
Compensation
Patrick Dumont currently earns a total compensation of $2,413,390 at Las Vegas Sands according to recent reports, reflecting his significant contributions to improving the company’s financial health and strategic direction. While this substantial salary remains, three other executives at Las Vegas Sands are paid more, with Sheldon Adelson earning the highest annual total compensation of $24,688,010.
Age and experience
Patrick Dumont, 45, is one of the younger executives at Las Vegas Sands. The company is proud to have an experienced leadership team consisting of members of different ages and expertise; Sheldon Adelson is their oldest executive at 86. Patrick and his fellow younger executives help push Las Vegas Sands forward as it moves into new territories.
Career journey
Las Vegas Sands Corp. is a respected global integrated resort developer and operator. Their portfolio boasts iconic properties such as The Venetian Macao Resort Hotel, The Londoner Macao, Parisian Macao, Plaza Macao Four Seasons Hotel Macao Cotai Strip Sands Macao Sands Macao in Macao China; at Singapore Marina Bay Sands Casino as well as The Venetian Resort Hotel Casino along with Sands Expo Convention Center are among their iconic properties.
Strategic Development Las Vegas Sands has continued its impressive expansion and innovation in the hospitality and gaming industry under the financial leadership of Patrick Dumont. Their integrated resorts have become renowned for their luxurious accommodations, expansive gaming facilities, world-class entertainment venues, retail centers, convention/exhibition spaces, and celebrity chef restaurants – amenities that attract millions of visitors each year and cement Las Vegas Sands as a global hospitality leader.
Future prospects
Patrick Dumont will play a key role as Las Vegas Sands navigates the changing gaming and hospitality industries of the future. His strategic vision and financial expertise will play a key role in accelerating the company's growth, exploring new markets and increasing shareholder value. With the foundation laid by previous CEOs as the basis and his innovative approach guiding the way forward, Dumont promises an exciting future for Las Vegas Sands.
Conclusion
Patrick Dumont’s tenure at Las Vegas Sands has been a remarkable journey of career growth and strategic impact, serving in roles such as CFO, Executive Vice President and Director. Dumont has been instrumental in steering Las Vegas Sands toward a prosperous future through his experience in corporate finance and relationships with the founding family – helping to guide the company on an expansion agenda and ensuring excellence is prioritized at Las Vegas Sands as a global integrated resort leader.
