LAS VEGAS SANDS
AETHOSTM, and in particular its Managing Director and CEO Keith Kefgen, was hired by the compensation committee of Las Vegas Sands (LVS) – the largest gaming/hospitality company by market capitalisation, with operations around the globe - as the compensation consultant of record.
The engagement requires the provision of annual advice regarding executive compensation levels, pay-for-performance models and general trends in the industry and in executive pay. LVS is a highly visible public company as is its founder, Sheldon Adelson. Scrutiny by ISS and other watchdog organisations is constant, so pay practices need to be well constructed and documented. Keith has provided advice and counsel to the committee and its members for the past six years.