Las Vegas Sands Corp. announced today that Mr. Jason N. Ader has been elected to the company’s board of directors. Mr. Ader is the founder and chief executive officer of Hayground Cove Asset Management, an investment management firm, and Hayground Cove Capital Partners, a merchant bank.
“Jason is a gaming industry expert, and we are pleased he is joining the Las Vegas Sands Corp. board of directors,” said Sheldon G. Adelson, the company’s chairman and chief executive officer.
Prior to founding Hayground Cove in March 2003, Mr. Ader was a senior managing director at Bear, Stearns & Co. He received several distinctions for his work covering the gaming and hospitality industries, including being ranked on Institutional Investor’s All-America Research Team for nine consecutive years, and as the number one ranked gaming and lodging/hospitality analyst in the Institutional Investor poll for three consecutive years.
Mr. Ader is also the founder of India Hospitality Corp., a diversified food service and hospitality business based in Mumbai, and Global Consumer Acquisition Corp., an acquisition-oriented investment vehicle focused on the consumer sector.
He earned a BA in economics and Master’s of Business Administration in finance from New York University.