Las Vegas Sands (LVS) has released an update to notify the public and investors about its officers.
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Las Vegas Sands Corp. amended the employment agreement with Randy A. Hyzak, their Executive Vice President and Chief Financial Officer, extending his term to December 31, 2029, and modifying his compensation to include a target annual cash bonus of 150% and restricted stock units at 175% of his base salary. The amendment, effective January 1, 2024, also details severance benefits upon certain termination conditions and maintains existing non-competition, non-solicitation, confidentiality, and intellectual property covenants, as well as adding a perpetual non-disparagement covenant.
For further insights into LVS corporate activity, check out TipRanks’ Insiders Trading Activity page.