As such, he received separate compensation for both roles, an unusual arrangement, through a complex mix of cash and equity tied to fund performance and stock return. 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. Lets pay it forward! On November 11, 2013, the former left-winger was inducted into the Hockey Hall of Fame in his hometown of Toronto.The Mimico, Ontario native returned home again on April 14, 2014 but this time on the merits of his off-ice leadership ability when the Toronto Maple Leafs introduced Shanahan as President and Alternate Governor. Ujiri also has served as the Director of the NBAs Basketball Without Borders program since 2002.Ujiri was introduced to basketball at age 13 and quickly fell in love with the game. Salaries estimates are based on 946 salaries submitted anonymously to Glassdoor by a CEO employees. 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. Friisdahl said, effective Wednesday, MLSEs executive leadership team is taking a temporary salary reduction of 20 to 25 per cent. . THE CANADIAN PRESS/Neil Davidson. Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. Professional sports has been disrupted by the pandemic with hockey games played in empty arenas, football matches cancelled altogether and NBA games having been played in Florida. This copy is for your personal non-commercial use only. There will be 100s of people waiting to replace you though. The estimated additional pay is $195,082 per year. 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. A Sculptor director resigned in protest. From 2003 to 2014, Devine was CFO at Tim Hortons Inc. following executive positions at Maple . Embark, which develops autonomous technology for the trucking industry and went public in November, closed Wednesday at $13.19. In the wake of leagues suspending play, MLSE announced help for hourly employees in the form of a payment to top up their Employment Insurance benefits to 95 per cent of their regular average earnings through the regular season, which was for some four weeks at the time. Friisdahl is no stranger to the travel sector. 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. On May 31, 2013, Masai Ujiri was named President and General Manager of Basketball Operations of the Toronto Raptors. Peter also advises on league (NHL, AHL, NBA, NBA G-League, MLS and CFL) franchise matters. News ROom Contact US. 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. Bill Manning joined MLSE as President of Toronto FC on October 12, 2015 and later also added his responsibilities as President of the Toronto Argonauts when the Canadian Football League franchise was acquired by the company in January, 2018.Manning joined Toronto FC after spending the previous eight seasons as president of both Real Salt Lake (RSL) and Rio Tinto Stadium. In 1996, Miller graduated from the University of Toronto, Faculty of Law with a Bachelor of Laws degree. The Toronto Maple Leafs general manager then made one more deal before Friday's tepid NHL trade deadline passed. In his first year, he was recognized on the Faculty Honours List. Wayne A. 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. She started in September 2020 at a time of crisis for the business and has overseen a 117% share price increase since then. Top Maple Leaf Sports & Entertainment executives are taking pay cuts in the wake of COVID-19 shutting down the companys sports and entertainment business. The CEO position doesnt really matter when it comes to the teams and winning because the Presidents (Shanny, Masai, Manning) report directly to the board. Chief Technology Officer (CTO) $234,700. 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.. Coty noted that she only realized $3.55 million in salary for fiscal 2021. Teri Dennis-Davies is Chief People & Inclusion Officer at Maple Leaf Sports & Entertainment (MLSE) where she oversees the companys ED&I strategy. Professional sports has been disrupted by the pandemic with hockey games played in empty arenas, football matches cancelled altogether and NBA games having been played in Florida. MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. The company, which has some 750 full-time employees and 4,000 hourly and part-time workers, had already announced several pandemic-related initiatives. If you do not yet have a Torstar account, you can create one now (it is free), Copyright owned or licensed by Toronto Star Newspapers Limited. The highest-paying job at Maple Leaf Sports & Entertainment is a Director with a salary of $133,122 per year. Republication or distribution of this content is 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. 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. 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. Nine-figure paychecks, once a rarity, are proliferating despite critics on Capitol Hill and beyond. Dennis-Davies is a seasoned executive with more than 20 years of experience in senior leadership roles in human resources, which included diversity, inclusion, culture and employee advocacy. Editors: Senior Vice President, Music & Live Events, Senior Vice President, Global Partnerships, Senior Vice President, Ticket Sales & Service, |Maple Leaf Sports &Entertainment Partnership.|. Workers prepare to install a new video board and signage outside of the Scotiabank Arena in Toronto on Wednesday, July 31, 2019. He was elevated to Assistant General Manager, Player Personnel in 2008 and worked closely with previous President Bryan Colangelo. President and Alternate Governor, Toronto Maple Leafs. Individualize employee pay based on unique job requirements and personal qualifications. View contact profiles from MLSE 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). 31 is one of four numbers to have been honoured with a retirement by the Toronto Argonauts. Toronto FC is parting ways with Canadian fullback Kadin Chung. She joined the organization on October 19, 2020. Unlike Leiweke, Friisdahl has been content to work behind the scenes and stay out of the spotlight. Over the coming weeks, we will continue to evaluate the impact and I will update you as any new or further actions are required to respond to this very fluid situation, Friisdahl said. Accreditation Commission for Education in Nursing -. This report by The Canadian Press was first published Jan. 18, 2022, Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. MLSE cuts salaries for full-time staff, extends management and executive reductions The Canadian Press Staff Contact Published Monday, November 30, 2020 8:48PM EST Workers prepare to install. Friisdahl has faced no shortage of challenges during his time in charge of the sports and entertainment conglomerate. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. TORONTO - Maple Leaf Sports and Entertainment is looking for a new president and CEO. Please note this email is only for . The total cash compensation, which includes base, and annual incentives, can vary anywhere from $851,700 to $2,056,100 with the average total cash compensation of $1,321,200. 45,439,650. $5k - $144k. The numbers are higher for Friisdahl, who is taking a 30 per cent cut. MLSE corporate office is located in 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada and has 1,930 employees. MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. Extended management and executive salary reductions will be effective Jan. 1. 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. He also added 60 goals and 134 points in 184 NHL playoff games during his career. Stock Bonus, Tips have not been reported for this role, Get started with your Free Employer Profile, All Maple Leaf Sports & Entertainment Salaries, average salary for an Account Executive is $64,176 per year in Canada, The Ultimate Job Interview Preparation Guide. Prior to RBC, Dennis-Davies held senior roles in a number of diverse organizations in the USA and the Caribbean including Hyatt Hotels, Merrill Communications, LLC, Fortis Fund Services, and KPMG. Given MLSE has also opted not to pay out annual bonuses. Ms. Devine is also a member of the advisory board of the Richard Ivey School of Business at Western University and a member of the board of governors of the North York General Hospital. How much do Maple Leaf Sports & Entertainment employees make? 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. 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The sizes and shapes of their awards differ, but theyre usually presented and rationalized with variations of a similar message: This is whats appropriate based on the persons skills, job duties, goalsand what executives elsewhere get paid. Chief Marketing Officer (CMO) $230,735. After the pandemic struck in 2020, hundreds of boards eased targets or granted extra bonuses to give their executives a break as lockdowns in some cases torpedoed results. 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If you do not yet have a Torstar account, you can create one now (it is free), Copyright owned or licensed by Toronto Star Newspapers Limited. The reductions affect roughly the leagues 100 highest-earning executives inside the league headquarters in New York and in global offices. 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. Search thousands of open positions to find your next opportunity. On rare occasions, though, the pay can swell in ways that make the directors in charge uncomfortable. These two highly successful campaigns led Strategy to spotlight Hosford as Marketer of the Year in 2014. 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 Originally based in Vancouver, he has been in Toronto since 1985. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. Miller was a key contributor in the completion of MLSEs ownership transaction in 2012. The situation is further compounded by the uncertainty and indefinite postponement of our operations.. Compensation data tools, salary structures, surveys and benchmarks. Maple Leaf Sports & Entertainment Ltd. will provide reasonable accommodation for qualified individuals with disabilities in the job application process. More. He was also honoured with the Brock University Distinguished Young Alumni Award in March of 2015.Dubas and his wife, Shannon, have one son. Additional pay could include cash bonus, commission, tips, and profit sharing. 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. For a fourth straight year, the pack is being led by Tesla Inc.s Elon Musk, whose mega-grant from 2018 is allocated over a decade by the Bloomberg Pay Index. 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. 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. The club also won the Eastern Conference title (2009), Western Conference title (2013) and were MLS Cup runners-up (2013) and CONCACAF Champions League runners-up (2011). Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. MLSEs team presidents subsequently joined forces with the Blue Jays to form the Team Toronto Fund, having their club management, coaches and players provide additional assistance including a special hardship fund where all impacted employees can apply for further assistance. 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. To justify the pay, Rutman wrote, the board looked at privately held hedge funds and noted that the top 25 hedge fund managers have been paid on average $200 million to $2.7 billion since 2009. 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.
mlse ceo salary
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