Performance-based awards of restricted shares are valued using the target number of shares multiplied by the fiscal year-end share price, not by a Monte Carlo simulation. Cash and equity awards that depend on a companys performance during more than one year are applied to the first year of that period. Toms career at MLSE spans 20+ years and includes the successful ticketing execution of global events such as the 2014 NHL Winter Classic at Michigan Stadium, the 2016 NHL World Cup of Hockey tournament, 2016 NBA All-Star weekend, the 2017 NHL Centennial Classic at BMO field and the 2015 & 2017 IIHF World Junior Hockey Championship tournament. The average CEO salary in the United States is $814,300 as of February 27, 2023, but the range typically falls between $615,500 and $1,049,200. More. He also added 60 goals and 134 points in 184 NHL playoff games during his career. Friisdahl was born in Denmark but came to Canada when he was 13. While at the NBA, Webster advised front office personnel from all 30 teams on CBA matters related to salary cap/luxury tax planning, player contract negotiations & analytics, and trades. Mr. Ford used his late mother's backyard as an unofficial second office to take numerous . In January, J. Morgan Rutman resigned from the board of Sculptor, the New York hedge fund, and wrote a letter that criticized the panels deferential attitude toward Levin and the pay package hed been granted. Here's what you need to know, Ontario woman must pay back more than $3K after losing debit card, RBC says, Nordstrom closing all stores in Toronto as it winds down Canadian operations, Ontario man spends almost $2,000, waits 10 months for oven repair, Toronto condo owner shocked when hit with $27,000 insurance bill, 'We are on the right track:' Toronto formally ends municipal state of emergency after 777 days, Local medical officers of health pen letter to Ontario's top doctor asking for mask mandates back, Ontario Liberals pledge to add COVID-19 vaccine to school immunization list, Nearly half of eligible Toronto residents have now received a fourth dose of COVID-19 vaccine. THE CANADIAN PRESS/Neil Davidson. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Behind him are a group of corporate leaders in charge of businesses making everything from electric cars to makeup to security software. Through it all, Michael raised the bar in every area of MLSEs operation, and most importantly, made sure that the organization prioritized our leadership role in the community including finding impactful ways to help our city and its citizens recover from the pandemic.. Prior to joining MLSE, he was president and CEO for Air Canada Leisure Travel Group, including Air Canada Rouge, and CEO of Thomas Cook North America. Eaves led the transformation of the organizations business model to drive operational performance across all lines of the business including live event, broadcasting, technology, hospitality, and retail operations.Eaves serves on various boards in connection with MLSEs business and is a member of the Board of Directors of Big Brothers Big Sisters Toronto, and Woodbine Entertainment Group. He is the Founder of the Giants of Africa Foundation, which launched the Top 50 and Bigman camps in his homeland. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Hosford is an ambassador and has participated in many philanthropic initiatives including recent missions to Kenya, New Orleans and Jamaica as part of her volunteerism with Habitat for Humanity and Free The Children. maple leaf sports and entertainment ltd. mlse foundation. Prior to her appointment as Chief Marketing Officer, she held the Senior Vice President, Marketing & Fan Experience role, as well as leadership roles in the areas of Communications, Marketing and Global Partnerships. A memo to MLSE employees from president and CEO Michael Friisdahl obtained by The Canadian Press outlines the voluntary pay reductions as well as other steps to help mitigate pandemic-related losses. There is no retention strategy at MLSE besides the name MLSE which is associated with money..You'll be burned out in 2-3 years and leave to find a higher paying salary for the same or higher position elsewhere. How much does a CEO make in the United States? to colleagues, clients or customers, or inquire about Affected employees will remain on MLSE payroll at a reduced salary, retain their benefits and pension and. In a statement, a spokesperson called Bloombergs methodology absolute nonsense and said it had no basis in the financial literature, securities regulations, tax literature, generally accepted accounting principles nor common sense.. The Player Safety Department has produced a series of educational, transparent videos designed to help players and fans better understand how specific infractions are viewed and evaluated, what is legal and what merits the assessment of Supplemental Discipline. Friisdahl's predecessor Tim Leiweke was appointed CEO of MLSE in April 2013 and announced in August 2014 that he would depart the company to pursue new equity opportunities in the sports and entertainment industry. From 2003 to 2014, Devine was CFO at Tim Hortons Inc. following executive positions at Maple Leaf Foods and Pepsi-Cola Canada. Having spent thirteen years at Rogers Centre in various roles working for Levy Restaurants, ultimately leading the location as Director of Operations. Melissa is a proud board member of the Canadian Academy of Recording Arts and Sciences (Juno Awards and Musicounts) where she sits on the Governance Committee, the Canadian Live Music Association where she Chairs the Communications Committee and serves on the Toronto Music Advisory Council. A spokesperson for Embark Technology Inc. noted that the pay of CEO Alex Rodrigues mostly came in performance stock that vests in increments only if the share price exceeds thresholds ranging from $400 to $2,000 (reflecting a 1-for-20 stock split completed this week.) Previously Melissa served as a board member for the Unison Benevolent Fund. Nine-figure paychecks, once a rarity, are proliferating despite critics on Capitol Hill and beyond. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. During the 2004-05 NHL lockout season, Shanahan convened a group of influencers in the game to discuss the direction of the on-ice product which led to several recommendations to the NHL and the NHLPA including the formation of todays Competition Committee.Shanahan retired as a player on November 17, 2009 and quickly joined the NHLs head office in December, 2009 as Vice President of Hockey and Business Development where he introduced several new initiatives. In addition, he helped establish, open and sold naming rights to Rio Tinto Stadium, home to Real Salt Lake.Manning brings a wealth of sports management experience to MLSE having previously served in executive positions with the National Football Leagues Philadelphia Eagles, the National Basketball Associations Houston Rockets and Real Salt Lake of MLS.A native of Massapequa, New York, Manning was a nationally-recognized collegiate soccer player at the University of Bridgeport where, as a sophomore, he helped the Purple Knights to a NCAA quarterfinal berth, and as a senior in 1986 he led his team to a final four appearance while earning first-team All-America honours. Friisdahl also had big shoes to fill in following the larger-than-life Tim Leiweke. MLSE corporate office is located in 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada and has 1,930 employees. Correction: Updates with change in CEO-to-worker pay since the onset of the pandemic in 15th paragraph. Not surprisingly, the sudden halt of all games and events on March 11 has had a significant impact to our revenue. The base salary for Chief Executive Officer ranges from $613,763 to $1,046,244 with the average base salary of $812,010. This would be fine but their starting salary isn't competitive. In 2023, once shes collected all the shares included in the package, shes poised to own roughly 3% of the company. The average Maple Leaf Sports & Entertainment salary ranges from approximately $49,223 per year for a Coordinator to $133,122 per year for a Director. During his tenure, his teams finished with an overall record of 109-76-7-12, which included two post-season berths and a West Division title in 2013-14. Manning continued his playing career after college and won a U.S. Open Cup with the Brooklyn Italians in 1991, and played professionally in the United Soccer League (USL) with the Penn-Jersey Spirit (1991), Valley Golden Eagles (1993) and New York Fever (1994-95). Wayne A. Prior to this role, she was Executive Vice-President and Chief Financial Officer of RioCan Real Investment Trust from 2015 until 2017 and Chief Financial Officer of Tim Hortons Inc. from 2003 until 2014. Know Your Worth. He played in eight NHL All-Star games during his career.Drafted second overall in the 1987 NHL Entry Draft by the New Jersey Devils, Shanahan also suited up for the St. Louis Blues, Hartford Whalers, Detroit Red Wings and New York Rangers. If you have difficulty using our online application system and you need an accommodation due to a disability, please email accommodations@mlse.com. Devine joined MLSE in April 2017 from RioCan Real Estate Investment Trust where she had served as CFO. Eaves holds an Honours Bachelor of Arts from Western University. In each of the three years of his undergraduate program, Miller was a Faculty Scholar. Michaels leadership over the past six years has been incredibly important as the organization navigated through the highs of our successes and the challenges of managing the unprecedented impact of the COVID-19 pandemic these past two years, MLSE chair Larry Tanenbaum said in a statement. Get a free, personalized salary estimate based on today's job market. MLSE cuts salaries for full-time staff, extends management and During her tenure at RBC, Dennis-Davies launched and chaired the functional Diversity Leadership Council for Human Resources, Corporate Communications, Brand and the Employee Ombudsman where she developed a diversity strategy focused on driving awareness, representation and engagement using metrics and data to measure and report on progress. Equities are down, and many packages have dipped in value, in some cases dramatically. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. While the Maple Leafs and Raptors gear up for next season, Scotiabank Arena is getting a multimillion-dollar facelift. Senior Vice President, Music & Live Events, Senior Vice President, Global Partnerships, Senior Vice President, Ticket Sales & Service, |Maple Leaf Sports &Entertainment Partnership.|. A Sculptor director resigned in protest. Bobby Webster enters his sixth season with the Raptors and second as the teams general manager. It was also his second stint with the club after working as a scout from 2003-06 and the teams Director of International Scouting during the 2006-07 season. Levy Chief of Staff. Tom McDonald is Senior Vice President, Ticket Sales & Service at Maple Leaf Sports & Entertainment (MLSE) overseeing one of the most prominent, leading ticketing businesses in North America. This would be fine but their starting salary isn't competitive. Careers at MLSE. News ROom Contact US. Halfway through his final season as a player in 2000, he was asked to replace John Huard as the head coach.Clemons coached the Argonauts for the 2000 and 2001 CFL seasons before being named Team President ahead of the 2002 season. Budget expenses and capital improvements have also been frozen. Profit Sharing. He was the recipient of the King Clancy Memorial Trophy in 2003, an annual award to the player who best exemplifies leadership qualities on and off the ice while making a noteworthy humanitarian contribution in his community.During his distinguished career, the fierce competitor earned three Stanley Cup Championships with the Detroit Red Wings (1997, 1998, 2002). Extended management and executive salary reductions will be effective Jan. 1. There is no retention strategy at MLSE besides the name MLSE which is associated with money..You'll be burned out in 2-3 years and leave to find a higher paying salary for the same or higher position elsewhere. During his time with RSL, Manning transformed the club into a winner, leading the organization to a 2009 MLS Cup championship, as well as a model franchise off the pitch where both season tickets and sponsorships more than tripled. Interestingly enough, the National Football League adopted the player draft format for their 2014 all-star game, the Pro Bowl. Series executives, including the presidents of NASCAR-owned tracks, are taking a 25 per cent reduction in salary, while all other employees are having their salary reduced by 20 per cent. MLSE Company Profile | Management and Employees List - Datanyze Additional pay could include cash bonus, commission, tips, and profit sharing. He manages the day-to-day basketball operations of the franchise and provides his expertise on strategic team building, roster and personnel planning, and player acquisitions. Toronto ON, M5J 2L2. Championships have come during his tenure Toronto FC, Argonauts and Raptors 905 (NBA G League) in 2017, the Marlies in 2018 and Raptors in 2019. If the downturn is prolonged, some might reap only a fraction of the awards in their contracts. Working as a CEO typically requires 15+ years of related experience. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of CEO in the United States. Even in the moneyed world of high finance, advisers warned, Jimmy Levins pay deal was an exceedingly rich one. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. This estimate is based upon 29 Maple Leaf Sports & Entertainment Account Executive salary report(s) provided by employees or estimated based upon statistical methods. Star Newspapers Limited and/or its licensors. In the absence of bonuses and incentives, his total annual compensation will be reduced by 55 per cent. To order copies of Levin, who had been the firms investment chief for several years, also took on the CEO job in 2021. Unlike Leiweke, Friisdahl has been content to work behind the scenes and stay out of the spotlight. Peter also advises on league (NHL, AHL, NBA, NBA G-League, MLS and CFL) franchise matters. Back-to-back short-handed goals powered the Vancouver Canucks to a 4-1 victory over the Toronto Maple Leafs on Saturday. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Last year now stands as the most lavish on record for executive compensation by almost any measure. Read More Contact Who is MLSE Headquarters 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada Phone Number (416) 815-5400 Website www.mlse.com Revenue $1.6B Industry Sports Teams & Leagues Hospitality MLSE's Social Media Is this data correct? But longtime observers point out that while downturns come and go, CEO pay historically only trends up. Options are valued by using the Black-Scholes inputs disclosed by the company, and the closing price at its fiscal year end. Manning also holds a U.S. Soccer National A Coaching License.Manning began his career in sports management with the Continental Indoor Soccer League during its inaugural season in 1993. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The halt in operations is having a dramatic impact on our business, Friisdahl wrote. The estimated additional pay is $195,082 per year. Michaels pride and joy are his wife Diane and three daughters Rachel, Raven and Rylie. NASCAR is also cutting salaries until the series returns to racing, according to The AP. Maple Leaf Sports & Entertainment - Wikipedia Maple Leaf Sports & Entertainment Salaries - Glassdoor Toms passion and experience in the sports business industry is matched only by his dynamic leadership style and his commitment to developing young sports executives. This is who's eligible, Need a refresher? Mlse Jobs (with Salaries) 2023 | Indeed.com Canada The familiar horns of El Mechon by Banda MS blared in the Toronto Blue Jays minor league facility on Thursday to welcome back catcher Alejandro Kirk. Eaves also has oversight of MLSEs LIVE division that brings hundreds of world-class music and entertainment events to its venues each year.A veteran of the sports and entertainment industry, Eaves came to MLSE from Woodbine Entertainment Group where he served as President and Chief Executive Officer from 2010 to 2015 after holding numerous senior positions over a 20-year period. The highest-paying job at Maple Leaf Sports & Entertainment is a Director with a salary of $133,122 per year. Greedflation, blared the headline of AFL-CIOs annual survey of executive pay. While this years market swoon stings, skeptics point out that things usually play out favorably for those at the top. This made C Vijayakumar the highest-paid Indian CEO among those working in Indian IT firms, as reported on July 26, 2022. All From 2003 to 2014, Devine was CFO at Tim Hortons Inc. following executive positions at Maple . President and CEO Peter Breiling Vice President of Finance. The foundation is responsible for the construction of a hospital in Uganda, over 200 schools in developing countries, 2 orphanages in Haiti, and locally awarding more than 200 scholarships through their foundations margins to mainstream initiative.Clemons is a graduate of the College of William and Mary, where he received a degree in economics. MLSE Profile and History Maple Leaf Sports & Entertainment Ltd. (MLSE) is Canadas preeminent leader in delivering top quality sport and entertainment experiences to our fans. Chief Executive Officer (CEO) Salary | PayScale Maple Leaf Sports & Entertainment Employee Reviews - Indeed Defines corporate vision and strategy establishes company direction and focus. expressly prohibited without the prior written consent of Toronto The NHL is reportedly cutting salaries for league employees who make more than $75,000 (U.S.) by 25 per cent. Dan Morrow is Senior Vice President of Food and Beverage at Maple Leaf Sports & Entertainment (MLSE) where he oversees an F&B operation that encompasses Scotiabank Arena, BMO Field, Coca Cola Coliseum, Real Sports Bar & Grill and e11even. Around 3.2% of companies in the Russell 3000 received less than 50% shareholder support for their executive pay plans, data compiled by Bloomberg Intelligence show. He was named 2012-13 NBA Executive of the Year after leading the Nuggets to a team-record 57 wins and a league-best 38-3 home court mark.Considered one of the most proactive executives in the NBA, Ujiri kept the Nuggets among the Western Conference elite through numerous trades and draft picks. When a companys stock tumbles, Youll hear, It was due to an external event. But it never was because of an external event when the stock went up..