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Account Coordinator, Membership Service Team new MLSE 4.2 Toronto, ON Nine-figure paychecks, once a rarity, are proliferating despite critics on Capitol Hill and beyond. Bloomberg valued Siebels stock options with the Black-Scholes model, using C3s assumptions disclosed in its annual report, and the closing share price on its final day of fiscal 2021. In some instances, such as when companies state an intention to not grant additional awards for the duration of the existing awards, they are annualized over the full performance period. He was elevated to Assistant General Manager, Player Personnel in 2008 and worked closely with previous President Bryan Colangelo. to colleagues, clients or customers, or inquire about While the Maple Leafs and Raptors gear up for next season, Scotiabank Arena is getting a multimillion-dollar facelift. 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. He has been inducted into the Canadian Football Hall of Fame, Ontario Sports Hall of Fame and Canadas Sports Hall of Fame. On October 8, 2019, Michael Pinball Clemons was named the 20th General Manager in team history, marking his 30th consecutive year with the football club in various roles.Clemons joined the Argonauts from Dunedin, Florida in 1989 after stints with the NFLs Kansas City Chiefs and Tampa Bay Buccaneers. The paper values of the worst-hit packages have fallen more than 90%. human trafficking ring, How best to clean the air inside your home, Tips to prevent pollution and improve air quality inside your home, Nordstrom is closing 6 stores across the GTA. Ontario expands eligibility for 4th COVID-19 vaccine dose, but healthy adults can wait until fall, Ontario expands PCR testing and treatments for COVID-19. From 2003 to 2014, Devine was CFO at Tim Hortons Inc. following executive positions at Maple . Maple Leaf Sports and Entertainment says it is cutting the salaries of up to one quarter of its full-time staff, and extending salary reductions for senior management and executives to deal with the financial impact of COVID-19. The stock is down 67% since then. Allyson McLaughlin Huntington General Counsel. Miller was called to the Bar in March 1998. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. 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. 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. 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). How much does a CEO make in the United States? 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. TORONTO, S.D. The situation is further compounded by the uncertainty and indefinite postponement of our operations.. Budget expenses and capital improvements have also been frozen. Friisdahl was born in Denmark but came to Canada when he was 13. Ontario Premier Doug Ford makes a funding announcement for a new hospital in Windsor, Oct. 18, 2021. Hosford was nominated for the 2017 Premiers Award for Outstanding Ontario College Graduates and in 2018, she was named one of Adweeks 33 Media, Marketing and Tech Stars Whove Helped Make Toronto a Vibrant Creative Hub.As a testament to her leadership and vision, the MLSE marketing team was awarded the CLIO Sports Awards Grand Prize and the In-House Agency Forum Awards Gold Prize. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 45,439,650. 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. Rutman said this comparison was out of whack and that Levins performance requirements were too favorable to him. 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. The NHL is reportedly cutting salaries for league employees who make more than $75,000 (U.S.) by 25 per cent. Friisdahl is no stranger to the travel sector. The company was founded in 1931 and is headquartered in Toronto, Ontario. Levin never became a national news story. In 1996, Miller graduated from the University of Toronto, Faculty of Law with a Bachelor of Laws degree. He returned to the Raptors organization where he had received his first front office position back in 2007.Ujiri had spent the past three seasons as Executive Vice President of Basketball Operations for the Denver Nuggets. The TIAC is responsible for driving innovation and best practices at the NBA team level in collaboration with the league.Humza has an undergraduate degree from York University and holds various professional training accreditations from both the Schulich School of Business and the Niagara Institute, he also served as President of the CIO Association of Canada and was recently awarded a lifetime achievement award by the organization for his contributions to the Canadian tech ecosystem.Humza is an active member on the Canada Basketball Board of Directors, the Princess Margaret Cancer Foundation Board, Founding Member of the Coalition of Innovation Leaders Against Racism, and also serves on the Global Institute ofSport Advisory Board. With over 20 years of experience in the Entertainment industry, Melissa has always been interested by and dedicated to propelling the intersection of music, arts, culture and commerce in a way in which the artist and fan both benefit. He was also honoured with the Brock University Distinguished Young Alumni Award in March of 2015.Dubas and his wife, Shannon, have one son. Humza has over 20 years of experience in driving Technology and Business Strategy, while directly contributing to both top and bottom-line results.Humza's organization at MLSE is responsible for digital strategy, technology,IT, mobile apps, data science and innovation - including our esports team and initiatives, Raptors Uprising Gaming Club and Leafs Gaming League. This report by The Canadian Press was first published Nov. 30, 2020. Individualize employee pay based on unique job requirements and personal qualifications. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. Republication or distribution of this content is This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Chief Technology Officer (CTO) $234,700. Senior Vice President, Music & Live Events, Senior Vice President, Global Partnerships, Senior Vice President, Ticket Sales & Service, |Maple Leaf Sports &Entertainment Partnership.|. While at Goodmans, Miller worked on a number of significant high profile corporate transactions including, the acquisition of the Toronto Raptors NBA franchise and arena by Maple Leaf Gardens, Ltd. 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? The reductions affect roughly the leagues 100 highest-earning executives inside the league headquarters in New York and in global offices. It also includes the value of stock grants and option awards, valued as of the companys fiscal year end, not the date they were granted. That ratio has jumped 23%. Last year, both JPMorgan Chase & Co. and Goldman Sachs Group Inc. handed special awards worth tens of millions of dollars to their CEOs and other senior leaders. presentation-ready copies of Toronto Star content for distribution And if results were good, Levins haul could very well approach twice thata staggering amount at a firm with a market value then around $1 billion. That trade is heralded as a textbook example of how to receive high value in exchange for a pending free agent.Ujiri got his NBA front office start in Toronto in 2007, joining the franchise as Director of Global Scouting. Affected employees will remain on MLSE payroll at a reduced salary, retain their benefits and pension and. Morrow is a Certified Professional Accountant (CPA-CMA) and is a graduate of the University of Western Ontario. She is also a board member of the MLSE Foundation, a mentor with the American Marketing Association and a member of the 2014 and 2015 Sponsorship Marketing Awards Judging Panel, 2015 AToMiC Awards Jury and the 2015 CLIO Sports Jury.Under her leadership, the sports and marketing world was captured by both the Toronto Raptors We The North and Toronto FCs Bloody Big Deal marketing campaigns. Some performance targets are sliding further out of reach. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. After his last season with the Fever, he went on to leadership roles in the United Soccer League with the Long Island Rough Riders and then the Minnesota Thunder where he was named USL Executive of the Year in 1999 following their championship season. 401 in Scarborough, Family of Ontario teen killed in crash demands justice after case thrown out over missing signature, Toronto spending $9M to rescue micro-tunneling boring machine stuck underground, IN PHOTOS: Here's what Ontario looks like under 30 centimetres of snow, 'Like shovelling concrete': Phillips on Ont. 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. The typical Maple Leaf Sports & Entertainment Account Executive salary is $51,631 per year. Kyle Dubas got most his shopping done early this year. Michael Friisdahl(president & CEO) Owner Rogers Communications(37.5%) BCE (37.5%) BCE Inc.(28%) BCE Master Trust Fund (9.5%) Kilmer Sports(25%) Subsidiaries Toronto Maple Leafs Toronto Raptors Toronto FC Toronto Argonauts Toronto Marlies Raptors 905 Toronto FC II Scotiabank Arena OVO Athletic Centre Maple Leaf Square(37.5%) Website On May 31, 2013, Masai Ujiri was named President and General Manager of Basketball Operations of the Toronto Raptors. If the downturn is prolonged, some might reap only a fraction of the awards in their contracts. Responsible for the short and long-term profitability and growth of the company. Chief Information Security Officer (CISO) $217,144. Back-to-back short-handed goals powered the Vancouver Canucks to a 4-1 victory over the Toronto Maple Leafs on Saturday. These past nine months have been the most challenging we have ever experienced, and while we had hoped to see signs of a return to a more normal business operations by now, the effects of the second wave of the pandemic have forced us to brace for further uncertainty, stated president and CEO Michael Friisdahl. 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Vijayakumar's salary was last reported to be $16.52 mn (Rs 130 crore) in FY22, which he received after getting a two-year long-term incentive (LTI). The average salary for an Account Executive is $64,176 per year in Canada, which is 24% higher than the average Maple Leaf Sports & Entertainment salary of $51,631 per year for this job. Affected employees will remain on MLSE payroll at a reduced salary, retain their benefits and pension and maintain their access to all corporate communication tools to remain current on MLSE's operations. $5k - $144k. Maple Leaf Sports & Entertainment Account Executive Salaries Updated Oct. 28, 2022 Canada Canada Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Very High Confidence $51,631 /yr Base Pay Average 29 Salaries Average $41K $64K $48K 25% $58K 75% Additional Pay Average Low High $2,711 Avg Cash Bonus Last year now stands as the most lavish on record for executive compensation by almost any measure. 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. Previously Melissa served as a board member for the Unison Benevolent Fund. Morrow lead the development of the food and beverage planning for the 2010 Olympics building strong relationships with key governmental stakeholders, vendors and other organizations that ultimately lead to a successful Olympic Games.Morrow is an active member of the food and beverage community and is currently Chair of the Board of the Ontario Restaurant, Hotel, Motel Association (ORHMA). He has scouted all over the world, including Europe, Africa, Asia and South America.Ujiri has also managed and coached the Nigerian junior and senior National teams.On a humanitarian level, Ujiri has been tireless in his efforts to promote and develop the game of basketball throughout Africa. Our teams are focused on winning and our ownership is focused on winning, he said in 2019. Get Salary Data on All Global Salaries estimates are based on 946 salaries submitted anonymously to Glassdoor by a CEO employees. MLSE has had to relocate teams, keep staff safe and adapt to ever-changing schedules and conditions. expressly prohibited without the prior written consent of Toronto 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. MLSE president and CEO Michael Friisdahl calls it a "reimagination" of the venue that opened in February 1999. Maple Leaf Sports & Entertainment employees rate the overall compensation and benefits package 3.3/5 stars. Miller was a key contributor in the completion of MLSEs ownership transaction in 2012. The community relies on everyone sharing. So far, he has collected 11 of the 12 tranches of stock options, which have added $78 billion to his personal fortune and helped make him the richest person on the planet. She joined the organization on October 19, 2020. He also added 60 goals and 134 points in 184 NHL playoff games during his career. Please note this email is only for . President, Toronto FC and Toronto Argonauts. Toronto Star articles, please go to: www.TorontoStarReprints.com, Conversations are opinions of our readers and are subject to the, The Toronto Star and thestar.com, each property of Toronto Star The letter cited a report from the boards outside adviser, which had concluded that Levins pay level was exceedingly rare.. During his time at the league office, Shanahan redefined the way the NHL administered supplementary discipline for on-ice incidents. In a statement to Bloomberg, Sculptor wrote of its CEOs package: The majority of the reported compensation has not been received by Mr. Levin and requires that substantial shareholder return thresholds are met over a multiyear vesting period, aligning pay to performance for our shareholders and clients.. At RBC, Dennis-Davies led a global employee relations team responsible for managing workplace issues including diversity, inclusivity and respect, discrimination, harassment, health and safety, accommodations and performance management, while also advancing the companys conduct and risk culture. permissions/licensing, please go to: www.TorontoStarReprints.com. Though more shareholders have gotten critical of pay plans, the increased resistance is marginal and the impactif there is anyis hard to discern. The owner of the NHL Leafs, NBA Raptors, CFL Argonauts, AHL Marlies and Major League Soccers Toronto FC said Tuesday that Michael Friisdahl, who has served in both roles since December 2015, is leaving at the end of February to become executive chairman of Signature Aviation, a British-based multinational aviation services company. MLSE corporate office is located in 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada and has 1,930 employees. Bloomberg, Getty Images, AFP, Embark Technology, GitLab, Sculptor Capital and SentinelOne. But longtime observers point out that while downturns come and go, CEO pay historically only trends up. - Maple Leaf Sports and Entertainment says it is cutting the salaries of up to one quarter of its full-time staff, and extending salary reductions for senior management and executives to deal with the financial impact of COVID-19. He played professionally in Europe for six years, with stops in Belgium, Germany, England, Greece and Finland. Correction: Updates with change in CEO-to-worker pay since the onset of the pandemic in 15th paragraph. 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Cynthia Devine is the Interim President & CEO of Maple Leaf Sports and Entertainment (owner of Toronto Maple Leafs, Toronto Raptors, Toronto FC, and Toronto Argonauts). The newly appointed chief executive officer of Sculptor Capital Management Inc. would almost certainly make around $100 million a year, they told the hedge funds board. Defines corporate vision and strategy establishes company direction and focus. 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. Star Newspapers Limited and/or its licensors. 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.. In 2023, once shes collected all the shares included in the package, shes poised to own roughly 3% of the company. Extended management and executive salary reductions will be effective Jan. 1. rights reserved. Miller is a highly trusted and valued leader at MLSE whose advice and counsel are regularly sought and he is an integral part of the senior management team. Chief Executive Officer (CEO), Non-Profit Organization, Chairman, Recently searched companies with related titles : Here's where you still need one, Tracking every case of COVID-19 in Canada, Use of this Website assumes acceptance of Terms & Conditions and Privacy Policy | Accessibility, Published Monday, November 30, 2020 8:48PM EST, Toronto declares 'major snowstorm condition' as Ontario digs out after storm, City Hall to reduce hours, custodial cleaning in budget cut that blindsided councillors, One person dead after crash on Hwy. 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. maple leaf sports and entertainment ltd. mlse foundation. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $849,258 to $2,050,264 with the average total cash compensation of $1,317,449. It noted that the average package for an S&P 500 CEO rose 18% in the past fiscal year to $18.3 million, 324 times a typical worker at those same companies took home. Also missing, according to Rutman: A meaningful analysis of whether an award of this magnitude was actually needed to retain Mr. Levins services., Check our past Highest Paid Executives rankings for 2015, 2016, 2017, 2018, 2019 and 2020. Lets pay it forward! Remarkably, he has the distinction of being the only player in NHL history to exceed 600 goals and 2,000 penalty minutes for an entire NHL career and only 12 men have scored more goals in league history. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Chief among them was enlivening the NHL All-Star Weekend by implementing the All-Star Player Draft at the showcase event beginning in 2011. The figures include salary, performance-based and discretionary cash bonuses, changes in the executives pension and deferred compensation, and the taxable value of perks. Teri Dennis-Davies is Chief People & Inclusion Officer at Maple Leaf Sports & Entertainment (MLSE) where she oversees the companys ED&I strategy. Chief financial officer Cynthia Devine has been named interim president and CEO during the search for Friisdahls successor. News ROom Contact US. Kyle Kuzma scored the game's first 10 points and finished with 30, Kristaps Porzingis added 25 points, and the Washington Wizards beat the Toronto Raptors 119-108 on Thursday night in the opener of a two-game set between Eastern Conference playoff contenders. Foremost among them has been the pandemic. Chief Marketing Officer (CMO) $230,735. 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. $75k - $312k. MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations.