Please note this email is only for . Levin, who had been the firms investment chief for several years, also took on the CEO job in 2021. Miller was a key contributor in the completion of MLSEs ownership transaction in 2012. This made C Vijayakumar the highest-paid Indian CEO among those working in Indian IT firms, as reported on July 26, 2022. TORONTO -- Kyle Dubas was named the 17th General Manager in the Clubs history on May 11, 2018 after originally joining the Leafs as Assistant General Manager in July of 2014.In his role as Assistant General Manager, Dubas held multiple responsibilities including player personnel, managing the clubs player development department and farm system, managing the organizations Research & Development department, and overseeing the organizations top prospects as General Manager of the Maple Leafs AHL affiliate, the Toronto Marlies. 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. Our Company Teams Portfolio. 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. Given MLSE has also opted not to pay out annual bonuses to full-time employees, the reduction in pay for the leadership group will be close to 50 per cent. Friisdahl said, effective Wednesday, MLSE's executive leadership team is taking a temporary salary reduction of 20 to 25 per cent. 45,439,650. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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 More than 30 public-company executives had pay deals that exceeded $100 million in value at the end of fiscal 2021, according to the Bloomberg Pay Index. It does not take into account that many awards come with performance conditions and may not pay out, in part or at all, if those are not met. Get a free, personalized salary estimate based on today's job market. Apple. Levin never became a national news story. The Associated Press reported last week that top NBA executives are having their base salaries reduced by 20 per cent for the foreseeable future. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The figures include salary, performance-based and discretionary cash bonuses, changes in the executives pension and deferred compensation, and the taxable value of perks. 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. 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. He was also named to the Order of Ontario in 2001 and in 2013, he was awarded The Queen Elizabeth II Diamond Jubilee Medal.In 2007, Michael and his wife Diane founded the Pinball Clemons Foundation, a non-profit organization that empowers youth through education. Ontario Premier Doug Ford makes a funding announcement for a new hospital in Windsor, Oct. 18, 2021. THE CANADIAN PRESS/Neil Davidson. 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. 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. From 2011 through 2014, the Greyhounds had 14 players drafted to the National Hockey League; second most of all OHL teams over that span.At the time of his hiring by the Greyhounds, the Sports Management Graduate from Brock University (Deans List honours) became the second youngest General Manager in OHL history at the age of 25.In 2015, Dubas was recognized by Forbes Magazine as one of the sports industrys brightest young stars in their annual Top 30 Under 30 in Sports list. 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. All 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 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. Manning got his start in MLS in 2000 with the Tampa Bay Mutiny as President and General Manager and was named 2000 MLS Executive of the Year by the Washington Post.Manning received his Bachelor of Science degree (1987) and Masters in Business Administration (1989) from the University of Bridgeport in Connecticut where he was inducted into the schools Hall of Fame in 2006.Manning and his wife, Jennifer, will reside in Toronto with their sons John and Will. 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. How much do Maple Leaf Sports & Entertainment employees make? 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. 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. While the Maple Leafs and Raptors gear up for next season, Scotiabank Arena is getting a multimillion-dollar facelift. She is widely respected within the Bank as an active champion and advocate on matters of diversity and inclusion. Interestingly enough, the National Football League adopted the player draft format for their 2014 all-star game, the Pro Bowl. Maple Leaf Sports & Entertainment Ltd. will provide reasonable accommodation for qualified individuals with disabilities in the job application process. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. winter storm, Ont. 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. Recently searched related titles: .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Individualize employee pay based on unique job requirements and personal qualifications. expressly prohibited without the prior written consent of Toronto He also added 60 goals and 134 points in 184 NHL playoff games during his career. Workers prepare to install a new video board and signage outside of the Scotiabank Arena in Toronto on Wednesday, July 31, 2019. 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. 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. At Coty Inc., Sue Nabi scored perhaps the biggest CEO pay deal ever granted in the world of beauty: $283 million. Careers at MLSE. . Miller has been consistently recognized internally for his commitment to the values of MLSE, earning a number of annual and monthly awards including MLSEs MVP of the Year award. Mr. Ford used his late mother's backyard as an unofficial second office to take numerous . 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. 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. 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. In his four seasons as General Manager of the Marlies, the team compiled a record of 190-90-20-4 and captured the Macgregor Kilpatrick Trophy as AHL regular season champion in 2015-16 and 2017-18. 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. 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. Extended management and executive salary reductions will be effective Jan. 1. 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. The average salary for a Chief Executive Officer (CEO) is $159,263. 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. expressly prohibited without the prior written consent of Toronto Some performance targets are sliding further out of reach. 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. Equities are down, and many packages have dipped in value, in some cases dramatically. Unlike Leiweke, Friisdahl has been content to work behind the scenes and stay out of the spotlight. 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. A career highlight saw Morrow move to Vancouver in 2007 to lead the F&B Operations for the Vancouver 2010 Olympics. Top Maple Leaf Sports & Entertainment executives are taking pay cuts in the wake of COVID-19 shutting down the companys sports and entertainment business. Assistant, Talent Strategy & Player Relations (4 Month Contract) More. Nick Eaves is the Chief Venues & Operations Officer at Maple Leaf Sports and Entertainment. The company that owns Toronto professional sports teams including the Maple Leafs, the Raptors and the Argonauts as well as sports venues, says up to 25 per cent of full-time staff will be moved to temporary inactive status. Though more shareholders have gotten critical of pay plans, the increased resistance is marginal and the impactif there is anyis hard to discern. Eaves holds an Honours Bachelor of Arts from Western University. 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. MLSE has also suspended all non-essential business expenditures and costs, deferred non-essential capital projects and imposed a hiring freeze. MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. Their job is to make sure we win.. He played professionally in Europe for six years, with stops in Belgium, Germany, England, Greece and Finland. 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. Humza is the Chief Technology and Digital Officer at Maple Leaf Sports & Entertainment. 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. 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. The following takes a closer look at each position, examining how role-specific duties and other factors can impact compensation levels. The company, which has some 750 full-time employees and 4,000 hourly and part-time workers, had already announced several pandemic-related initiatives. That ratio has jumped 23% since the onset of the Covid-19 pandemic, the survey noted. Shanahan was a stabilizing factor as Canada captured their first hockey gold medal in 50 years at the 2002 Winter Olympics. In 2023, once shes collected all the shares included in the package, shes poised to own roughly 3% of the company. Chief Information Security Officer (CISO) $217,144. This would be fine but their starting salary isn't competitive. President and Alternate Governor, Toronto Maple Leafs. Bethel, AK. 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. The highest salary for a CEO in United States is $333,286 per year. 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. MLSE is now focusing its Chief Executive Officer search on appointing a seasoned business executive . Coty noted that she only realized $3.55 million in salary for fiscal 2021. Wayne A. In order to attract a true entrepreneur like her, Coty needed to have an enticing equity scheme., SentinelOne said the company believes this calculation is not representative of Mr. Weingartens compensation as it does not account for the performance-based and multiyear structure of Weingartens 2021 stock grants.. Originally based in Vancouver, he has been in Toronto since 1985. Get the latest market price for benchmark jobs and jobs in your industry. At least for now, few executives have gone unscathed by the plunge in stocks that began this year. Will Torontos fun summer programs stick around as COVID restrictions ease? 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. Correction: Updates with change in CEO-to-worker pay since the onset of the pandemic in 15th paragraph. The stock is down 67% since then. Friisdahl was born in Denmark but came to Canada when he was 13. mlse. How much does a CEO in United States make? $5k - $144k. He brings with him a vast working knowledge of the NBAs Collective Bargaining Agreement (CBA) and was part of the team that worked with the NBA Labor Relations Committee to negotiate the 2011 CBA with the National Basketball Players Association. Nine-figure paychecks, once a rarity, are proliferating despite critics on Capitol Hill and beyond. He is the Founder of the Giants of Africa Foundation, which launched the Top 50 and Bigman camps in his homeland. An organization dedicated to enhancing the business climate of the hospitality industry. 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. How much does a CEO make in the United States? The company was founded in 1931 and is headquartered in Toronto, Ontario. 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. - 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. Retail & Food Services Based on 124 salaries Concession Attendant 12 salaries Bartender 9 salaries View More Sales Based on 97 salaries Account Executive 29 salaries Account Manager The lowest salary for a CEO in United States is $105,632 per year. This would be fine but their starting salary isn't competitive. 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. Jenn Zhao, Photos TORONTO - Maple Leaf Sports and Entertainment is looking for a new president and CEO. Peter also advises on league (NHL, AHL, NBA, NBA G-League, MLS and CFL) franchise matters. There will be 100s of people waiting to replace you though. The community relies on everyone sharing. 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. He was also honoured with the Brock University Distinguished Young Alumni Award in March of 2015.Dubas and his wife, Shannon, have one son. 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). Tom, his wife Julia and their three daughters are residents of Uxbridge, Ontario and are active organizers and participants in the annual Terry Fox run and fundraising efforts in support of cancer research. Accolades and recognition for McDonalds business results include the 2018-19 NBA Team of the Year, recognizing the outstanding business achievements of the Toronto Raptors and more recently the 2019-20 Raptors 905 NBA G League franchise of the year. 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. 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. As an active community member, Eaves volunteers his time with the Out of the Cold Program, Ernestines Womens Shelter, Youth Without Shelter and United Way Toronto. rights reserved. Last year now stands as the most lavish on record for executive compensation by almost any measure. presentation-ready copies of Toronto Star content for distribution 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. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. 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. Playing for the Double Blue until 2000, Clemons won Grey Cups in 1991, 1996 and 1997 with the Argonauts and was also named the leagues Most Outstanding Player in 1990. He hit the magical 50-goal mark in 1992-93 and 1993-94. Kyle Dubas got most his shopping done early this year. 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. Ms. Devine is currently a member of the board of directors and the chair of the audit committee of Empire Company Limited, the parent company of food retailer Sobeys and a board member of the Royal Bank of Canada. 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. YouTube star Jake Paul took the first defeat of his professional boxing career Sunday night, losing a split decision to Tommy Fury. 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. The base salary for Chief Executive Officer ranges from $613,763 to $1,046,244 with the average base salary of $812,010. His duties included overseeing the scouting and personnel departments, talent assessment and related data management.On August 27, 2010, Ujiri became the first African-born GM in the NBA when he was hired to run the Nuggets basketball operations department. MLSE president and CEO Michael Friisdahl calls it a "reimagination" of the venue that opened in February 1999. Account Executive salaries at Maple Leaf Sports & Entertainment can range from $40,670 - $63,564 per year. Theyre still earning nowhere near what some of their clients reap. Chief Marketing Officer (CMO) $230,735. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Search thousands of open positions to find your next opportunity. man struck after rock smashes through windshield, Health Canada to approve urinary tract infections vaccine, Migrant workers rescued from Ont. That ratio has jumped 23%. 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. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $54,733 look to you? Michaels pride and joy are his wife Diane and three daughters Rachel, Raven and Rylie. Dontrelle Inman is back with the Toronto Argonauts. How much do Maple Leaf Sports & Entertainment employees make? presentation-ready copies of Toronto Star content for distribution 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. 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. If the downturn is prolonged, some might reap only a fraction of the awards in their contracts. 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. Levy Chief of Staff. 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. permissions/licensing, please go to: www.TorontoStarReprints.com. 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.. Thats when the frustration and hypocrisy comes in, said Rosanna Landis Weaver, a senior program manager at shareholder advocacy nonprofit As You Sow. 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.. "On behalf of everyone at MLSE, I sincerely thank Tim for his support for the fans and his many contributions to our organization. These two highly successful campaigns led Strategy to spotlight Hosford as Marketer of the Year in 2014. During his time with the Raptors, Webster has also served as assistant general manager and vice president, basketball management & strategy.Webster came to the Raptors after working for the NBA league office in New York for seven seasons in the legal department. 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 Digital Labs is now the largest and deepest technology and digital organization in professional sports.Prior to MLSE, Humza was at Compass Group North America where he built a technology and digital strategy company called Compass Digital Labs where he was the CEO. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. 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. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. The Bloomberg Pay Index is a ranking of the highest-paid executives of publicly traded companies that file compensation data to the US Securities and Exchange Commission.
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