Madison Square Garden Entertainment Corp. (MSGE) has released an update to notify the public and investors about its officers.
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Michael Grau has been appointed as the Executive Vice President and Chief Financial Officer of Madison Square Garden Entertainment Corp., starting from April 1, 2024, with his tenure beginning on February 12, 2024. With a wealth of experience from Altice USA and Cablevision, Grau brings extensive financial expertise to the role. His compensation includes a base salary of $700,000, a target bonus of 100% of his salary, long-term incentives, and a special award of restricted stock units. The employment agreement also outlines severance and benefits provisions should his employment end under specific conditions.
For further insights into MSGE corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
