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. Our teams are focused on winning and our ownership is focused on winning, he said in 2019. 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. Some performance targets are sliding further out of reach. 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. Executes multiple high impact initiatives to achieve overall corporate goals. Extended management and executive salary reductions will be effective Jan. 1. TORONTO - Maple Leaf Sports and Entertainment is looking for a new president and CEO. While the Maple Leafs and Raptors gear up for next season, Scotiabank Arena is getting a multimillion-dollar facelift. TORONTO, S.D. Morrow is a Certified Professional Accountant (CPA-CMA) and is a graduate of the University of Western Ontario. There will be 100s of people waiting to replace you though. 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. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. The typical Maple Leaf Sports & Entertainment Account Executive salary is $51,631 per year. He went on to play at Bismarck State College and Montana State University-Billings (formerly Eastern Montana College). 31 is one of four numbers to have been honoured with a retirement by the Toronto Argonauts. He was also honoured with the Brock University Distinguished Young Alumni Award in March of 2015.Dubas and his wife, Shannon, have one son. Base Salary. McDonald oversees the Suite, Membership, VIP Hospitality business for the Toronto Maple Leafs, Toronto Raptors, Toronto FC, Toronto Argonauts, Toronto Marlies, Raptors 905 and the Premium Live ticketing business at Scotiabank Arena and Budweiser Stage. Maple Leaf Sports & Entertainment Partnership - Bringing the world to its feet! Levin, who had been the firms investment chief for several years, also took on the CEO job in 2021. Friisdahl said, effective Wednesday, MLSEs executive leadership team is taking a temporary salary reduction of 20 to 25 per cent. 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. Cash and equity awards that depend on a companys performance during more than one year are applied to the first year of that period. Workers prepare to install a new video board and signage outside of the Scotiabank Arena in Toronto on Wednesday, July 31, 2019. 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. 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. 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. 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. 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. Though more shareholders have gotten critical of pay plans, the increased resistance is marginal and the impactif there is anyis hard to discern. In the absence of bonuses and incentives, his total annual compensation will be reduced by 55 per cent. to colleagues, clients or customers, or inquire about Then the world moved on. The remainder is an equity award that vests over three years. Account Executive salaries at Maple Leaf Sports & Entertainment can range from $40,670 - $63,564 per year. On May 31, 2013, Masai Ujiri was named President and General Manager of Basketball Operations of the Toronto Raptors. Use the toggle button here above to scale the size of the bar proportionally between the highest total pay, that of Elon Musk, or the next executive . This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. At Coty Inc., Sue Nabi scored perhaps the biggest CEO pay deal ever granted in the world of beauty: $283 million. Anchorage, AK, Accreditation Commission for Education in Nursing - 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. rights reserved. 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. 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. When factoring in bonuses and additional compensation, a Account Executive at Maple Leaf Sports & Entertainment can expect to make an average total pay of $54,733 per year. Joseph P. Sullivan . A Sculptor director resigned in protest. 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. 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. That compares with 2.8% in the prior year. Greedflation, blared the headline of AFL-CIOs annual survey of executive pay. In Goldmans case, they came as CEO David Solomon and other top executives quietly pushed for bigger rewards. As the senior lawyer at MLSE, Millers expertise extends across all of MLSEs business units, including global partnerships, intellectual property, licensing, facility and event management and promotion, advertising and marketing, merchandising, ticketing, human resources and real estate. To order copies of The company, which has some 750 full-time employees and 4,000 hourly and part-time workers, had already announced several pandemic-related initiatives. Levin never became a national news story. 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. 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. In his new role, Shanahan oversees all team operations after a 27-year NHL career as both a player and league executive.Shanahan, 45, played 21 seasons in the NHL from 1987 to 2009 and tallied 656 goals, 698 assists and 1,354 points in the regular season. Back-to-back short-handed goals powered the Vancouver Canucks to a 4-1 victory over the Toronto Maple Leafs on Saturday. 45,439,650. 50 Bay Street, Suite 500. permissions/licensing, please go to: Jobs in business are in increasing demand, requiring workers with at least a bachelors degree and moderate to advanced technical skills, with the use of data often a required job function. 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. President and Alternate Governor, Toronto Maple Leafs. The figures showcase the amounts boards put forth for their executives to earn. maple leaf sports and entertainment ltd. mlse foundation. To order Get Salary Data on All Global (Copyright 2023, Employers: Job Description Management Tool. 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. 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. How much does a CEO make in the United States? 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. 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). $75k - $312k. Republication or distribution of this content is The base salary for CEO ranges from $615,500 to $1,049,200 with the average base salary of $814,300. He hit the magical 50-goal mark in 1992-93 and 1993-94. Last year now stands as the most lavish on record for executive compensation by almost any measure. Interestingly enough, the National Football League adopted the player draft format for their 2014 all-star game, the Pro Bowl. MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. 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. TORONTO -- While this years market swoon stings, skeptics point out that things usually play out favorably for those at the top. Miller served as lead MLSE counsel in the acquisition of the Toronto FC MLS soccer franchise and the negotiations of MLSEs strategic initiatives with the City of Toronto for the development and management of BMO Field at Exhibition Place, as well as the acquisition of the Toronto Argonauts CFL franchise. The estimated additional pay is $195,082 per year. There will be 100s of people waiting to replace you though. In each of the three years of his undergraduate program, Miller was a Faculty Scholar. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Inc. disputed Bloombergs valuation of the millions of stock options it granted to founder and CEO Tom Siebel. 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. This would be fine but their starting salary isn't competitive. 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. Defines corporate vision and strategy establishes company direction and focus. 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. Responsible for the short and long-term profitability and growth of the company. 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. 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. Republication or distribution of this content is Levy Chief of Staff. 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. 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. Lets pay it forward! Originally based in Vancouver, he has been in Toronto since 1985. The average salary for a Chief Executive Officer (CEO) is $159,263. 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. 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. Compensation data tools, salary structures, surveys and benchmarks. Similar Job Titles: Friisdahl also had big shoes to fill in following the larger-than-life Tim Leiweke. presentation-ready copies of Toronto Star content for distribution Read More Contact Who is MLSE Headquarters 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada Phone Number (416) 815-5400 Website Revenue $1.6B Industry Sports Teams & Leagues Hospitality MLSE's Social Media Is this data correct? 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. Coty noted that she only realized $3.55 million in salary for fiscal 2021. Find Great Talent with Career Pages. to colleagues, clients or customers, or inquire about The index is based on information disclosed in regulatory filings. As an executive at a big US asset manager recently quipped in a private conversation, only half-joking: which CEO doesnt get paid nine figures these days? 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. Extended management and executive salary reductions will be effective Jan. 1. How much does a CEO in United States make? This is who's eligible, Need a refresher? Shanahan was a stabilizing factor as Canada captured their first hockey gold medal in 50 years at the 2002 Winter Olympics. And it comes at a time when working peoples living standards have declined with every increase in the price of food, rent and gas.. $1.0M $3.6M $40.8M $14.3K. All's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. The top dozen packages all surpassed $200 million. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The exuberance behind the payouts has since petered out, at least for the time being. Teri Dennis-Davies is Chief People & Inclusion Officer at Maple Leaf Sports & Entertainment (MLSE) where she oversees the companys ED&I strategy. A couple shot into the billions. Bethel, AK. Friisdahl was born in Denmark but came to Canada when he was 13. Chief financial officer Cynthia Devine has been named interim president and CEO during the search for Friisdahls successor. Their job is to make sure we win.. 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. The estimated total pay for a CEO is $377,206 per year in the United States area, with an average salary of $182,124 per year. Behind him are a group of corporate leaders in charge of businesses making everything from electric cars to makeup to security software. How much do Maple Leaf Sports & Entertainment employees make? She started in September 2020 at a time of crisis for the business and has overseen a 117% share price increase since then. His earlier international contributions saw him play a key role with Team Canada as the club snapped a 33-year drought by earning gold at the 1994 World Championships. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Previously Melissa served as a board member for the Unison Benevolent Fund. Prior to joining MLSE, Miller was an associate at the law firm of Goodmans, LLP, practicing in the area of corporate/commercial law. This copy is for your personal non-commercial use only. Even in the moneyed world of high finance, advisers warned, Jimmy Levins pay deal was an exceedingly rich one. The company was founded in 1931 and is headquartered in Toronto, Ontario. This would be fine but their starting salary isn't competitive. 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. Friisdahl deflected any praise to the teams management, MLSEs ownership and those that came before him. The lowest-paying job at Maple Leaf Sports & Entertainment is a Coordinator with a salary of $49,223 per year. If Bell and Larry want Masai, it would be Masai. 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. 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. Atlanta, GA, Texas Counseling Association - In her role as Senior Vice President of Music & Live Events at Maple Leaf Sports & Entertainment (MLSE), Melissa Bubb-Clarke oversees the Entertainment portfolio including Live Nation Canadas award winning Corporate Partnerships agency, as well as live event programming and production for our venues and their associated revenue streams. Search more salaries here: Chief Executive Officer - Physician Practice, CEO Salaries with a High School Diploma or Technical Certificate, CEO Salaries with a Master's Degree or MBA, CEO Salaries with a JD, MD, PhD or Equivalent, Chief Executive Officer (CEO), Non-Profit Organization, Detailed skills and competency reports for specific positions. Because of these adjustments, the figures may not match what was reported by the company in regulatory filings. Elsewhere, consultants who advise companies on compensation published analyses finding that the increases for the most part reflected higher stock prices and better results. Being a CEO identifies and delivers value to stakeholders. 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. 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. 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. President, Toronto FC and Toronto Argonauts. 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. Budget expenses and capital improvements have also been frozen. 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). He is the Founder of the Giants of Africa Foundation, which launched the Top 50 and Bigman camps in his homeland. Friisdahl has faced no shortage of challenges during his time in charge of the sports and entertainment conglomerate. 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. 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. 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. Top Maple Leaf Sports & Entertainment executives are taking pay cuts in the wake of COVID-19 shutting down the companys sports and entertainment business. Scotiabank Arena. Not surprisingly, the sudden halt of all games and events on March 11 has had a significant impact to our revenue. Accreditation Commission for Education in Nursing -. Search thousands of open positions to find your next opportunity. He was elevated to Assistant General Manager, Player Personnel in 2008 and worked closely with previous President Bryan Colangelo. 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. Thats when the frustration and hypocrisy comes in, said Rosanna Landis Weaver, a senior program manager at shareholder advocacy nonprofit As You Sow. 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. $4k - $146k. YouTube star Jake Paul took the first defeat of his professional boxing career Sunday night, losing a split decision to Tommy Fury. Devine joined MLSE in April 2017 from RioCan Real Estate Investment Trust where she had served as CFO. Miller was called to the Bar in March 1998. In the same year, Hosford also led her team to a successful bid for the 2016 NBA All-Star Weekend and erected Leafs Legends Row, a series of permanent bronzed statues celebrating the storied history of the Toronto Maple Leafs. MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. 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. 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. That ratio has jumped 23% since the onset of the Covid-19 pandemic, the survey noted. Compass Digital Labs helped to drive billions of dollars of incremental revenue and market differentiation across retail and hospitality sectors across the United States and Canada.Humza has also worked at Allstream, where he led Business Transformation and IT Enterprise Architecture. A career highlight saw Morrow move to Vancouver in 2007 to lead the F&B Operations for the Vancouver 2010 Olympics. View contact profiles from MLSE He is best known for a 12-player deal on February 22, 2011 that sent All-Star forward Carmelo Anthony to the New York Knicks. On rare occasions, though, the pay can swell in ways that make the directors in charge uncomfortable. Kyle Dubas got most his shopping done early this year. 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. Chief Executive Officer (CEO), Non-Profit Organization, Chairman, Recently searched companies with related titles : 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). 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. 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. Equities are down, and many packages have dipped in value, in some cases dramatically. 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. The average Maple Leaf Sports & Entertainment salary ranges from approximately $49,223 per year for, The highest-paying job at Maple Leaf Sports & Entertainment is, The lowest-paying job at Maple Leaf Sports & Entertainment is, Get started with your Free Employer Profile, Account Executive salaries - 29 salaries reported, Account Manager salaries - 16 salaries reported, Coordinator salaries - 15 salaries reported, Sales Associate salaries - 14 salaries reported, Concession Attendant salaries - 12 salaries reported, Security Guard salaries - 10 salaries reported, Marketing Coordinator salaries - 8 salaries reported, Supervisor salaries - 8 salaries reported, Retail Sales Associate salaries - 8 salaries reported, Ticket Agent salaries - 6 salaries reported, Fan Engagement Representative salaries - 6 salaries reported, Graphic Designer salaries - 5 salaries reported, Executive Assistant salaries - 5 salaries reported, Concessions salaries - 5 salaries reported, Marketing Manager salaries - 5 salaries reported. Our Company Teams Portfolio. The two-day camp explored potential rule changes and variations to special teams play among many other strategic on-ice advancements.Shanahan later served as the leagues chief player disciplinarian beginning with the 2011-12 season and up until his appointment with the Toronto Maple Leafs in the spring of 2014.