SEC Form 8-K filed by Madison Square Garden Entertainment Corp.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 13, 2024, Madison Square Garden Entertainment Corp. (the “Company”) and Michael J. Grau, the Company’s Executive Vice President and Chief Financial Officer, agreed that he will be leaving the Company, and effective November 20, 2024, will cease to be Chief Financial Officer. Mr. Grau will receive severance benefits in accordance with the terms of his employment agreement. His separation is not the result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure or internal controls.
Lee Weinberg will serve as the Company’s Interim Chief Financial Officer effective November 20, 2024. Mr. Weinberg, 52, has served as Senior Vice President, Business & Financial Operations of the Company since the Company’s spin-off from Sphere Entertainment Co. (“Sphere Entertainment”) in April 2023. He previously was employed at Sphere Entertainment as Senior Vice President, Business & Financial Operations from January 2021 to April 2023 and as Senior Vice President, Strategy & Business Operations from April 2020 to January 2021, and prior to the spin-off of Sphere Entertainment from Madison Square Garden Sports Corp. (“MSG Sports”) in April 2020, as Senior Vice President, Strategy & Business Operations at MSG Sports from March 2018 to April 2020. He previously served in various roles since 2008 in corporate development and business operations of MSG Entertainment while such business was owned by MSG Sports, MSG Networks Inc. and Cablevision Systems Corporation. Prior to that, Mr. Weinberg was Vice President of Strategy and Operations at The Wall Street Journal and a media and technology practice associate at Booz Allen Hamilton.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: November 15, 2024 |
MADISON SQUARE GARDEN ENTERTAINMENT CORP. |
| By: |
/s/ Mark Cresitello | |||||
| Name: Mark Cresitello | ||||||
| Title: Secretary | ||||||