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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. 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. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. While this years market swoon stings, skeptics point out that things usually play out favorably for those at the top. The lowest salary for a CEO in United States is $105,632 per year. OakleyDokely wrote: Ed Rogers only has holds 37.5%. 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. The average Maple Leaf Sports & Entertainment hourly pay ranges from approximately $15 per hour for a Retail Sales Associate to $21 per hour for a Supervisor. 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. presentation-ready copies of Toronto Star content for distribution Nine-figure paychecks, once a rarity, are proliferating despite critics on Capitol Hill and beyond. 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. In Goldmans case, they came as CEO David Solomon and other top executives quietly pushed for bigger rewards. man struck after rock smashes through windshield, Health Canada to approve urinary tract infections vaccine, Migrant workers rescued from Ont. He joined the organization in February 2014 as Senior Director of Food and Beverage.Morrow has spent his career in the sports and entertainment industry. The highest-paying job at Maple Leaf Sports & Entertainment is a Director with a salary of $133,122 per year. There will be 100s of people waiting to replace you though. With over 18 years of leadership experience, she leads all brand functions for the Toronto Maple Leafs, Toronto Raptors, Toronto FC, Toronto Argonauts, MLSE LIVE and MLSE Foundation.Hosford is a dynamic leader with a distinct creative insight. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. MLSE has had to relocate teams, keep staff safe and adapt to ever-changing schedules and conditions. "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. Allyson McLaughlin Huntington General Counsel. President and CEO Peter Breiling Vice President of Finance. 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). Their job is to make sure we win.. Bethel, AK. Levin, who had been the firms investment chief for several years, also took on the CEO job in 2021. The pay briefly caused a stir on Wall Street. Being a CEO identifies and delivers value to stakeholders. All to colleagues, clients or customers, or inquire about MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. Chief Marketing Officer (CMO) $230,735. Your input helps Glassdoor refine our pay estimates over time. Atlanta, GA, Texas Counseling Association - Michaels pride and joy are his wife Diane and three daughters Rachel, Raven and Rylie. 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. Search thousands of open positions to find your next opportunity. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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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. . 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). Its another version of more for them and less for us, Fred Redmond, secretary-treasurer of the AFL-CIO, said last month. 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. This report by The Canadian Press was first published Nov. 30, 2020. YouTube star Jake Paul took the first defeat of his professional boxing career Sunday night, losing a split decision to Tommy Fury. Extended management and executive salary reductions will be effective Jan. 1. While the Maple Leafs and Raptors gear up for next season, Scotiabank Arena is getting a multimillion-dollar facelift. He returned as head coach from 2002 to 2007, leading the football club to six consecutive East Division Finals, including the 2004 championship, his fourth as an Argonaut. In the absence of bonuses and incentives, his total annual compensation will be reduced by 55 per cent. Dontrelle Inman is back with the Toronto Argonauts. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Cash and equity awards that depend on a companys performance during more than one year are applied to the first year of that period. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. Devine joined MLSE in April 2017 from RioCan Real Estate Investment Trust where she had served as CFO. $1.0M $3.6M $40.8M $14.3K. Prior to joining Denver, he worked as an international scout for the Orlando Magic.A native of Nigeria, Ujiri brings tremendous knowledge and extensive global connections to the Raptors front office. 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. 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. Devine joined MLSE in April 2017 from RioCan Real Estate Investment Trust where she had served as CFO. The estimated additional pay is $195,082 per year. Eaves joined MLSE in 2016 and is responsible for overseeing the Operations, Food& Beverage, Capital Projects, and Development functions at all MLSE venues. He is the Founder of the Giants of Africa Foundation, which launched the Top 50 and Bigman camps in his homeland. Account Executive salaries at Maple Leaf Sports & Entertainment can range from $40,670 - $63,564 per year. 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. Some performance targets are sliding further out of reach. Recently searched related titles: Sculptor said at the time that Rutmans letter selectively quoted from the advisers report and was filled with significant factual inaccuracies, material omissions and baseless assertions that present a misleading view of board governance. The letter also omitted that the pay was reasonable considering the unique nature of the companys ongoing transformation, according to the hedge fund. Ryan H. Mudawar Vice President of Education and Workforce Programs. Back-to-back short-handed goals powered the Vancouver Canucks to a 4-1 victory over the Toronto Maple Leafs on Saturday. In 2023, once shes collected all the shares included in the package, shes poised to own roughly 3% of the company. 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. Previously Melissa served as a board member for the Unison Benevolent Fund. TORONTO - Maple Leaf Sports and Entertainment is looking for a new president and CEO. 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. Conversely, it also does not take into account that awards could end up being worth multiples of Bloombergs figures if goals are exceeded by a wide margin. 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. Miller works closely with the Board of Directors of MLSE in his capacity as Corporate Secretary. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. How much do Maple Leaf Sports & Entertainment employees make? Morrow is a Certified Professional Accountant (CPA-CMA) and is a graduate of the University of Western Ontario. 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. Because of these adjustments, the figures may not match what was reported by the company in regulatory filings. How much do Maple Leaf Sports & Entertainment employees make? The top dozen packages all surpassed $200 million. 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. He went on to play at Bismarck State College and Montana State University-Billings (formerly Eastern Montana College). Your input helps Glassdoor refine our pay estimates over time. Not the job you're looking for? 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. 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. 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 numbers are higher for Friisdahl, who is taking a 30 per cent cut. These two highly successful campaigns led Strategy to spotlight Hosford as Marketer of the Year in 2014. But longtime observers point out that while downturns come and go, CEO pay historically only trends up. Budget expenses and capital improvements have also been frozen. $5k - $144k. The situation is further compounded by the uncertainty and indefinite postponement of our operations.. Apple. To order copies of 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. 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. Fourth doses in Ontario: When should you get one? Clemons left the game as the CFLs all-time leader in combined yards with 25,438, a record that still stands today. Such rewards have become the envy of leaders in some industries, like the big US banks, whose pay decisions tend to draw particular scrutiny by both lawmakers and the public. The pay cuts affect Friisdahl and eight other leading executives ranging from chief financial officer to chief marketing officer. 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. 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. Levy Chief of Staff. Responsible for the short and long-term profitability and growth of the company. 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 is now focusing its Chief Executive Officer search on appointing a seasoned business executive . THE CANADIAN PRESS/Neil Davidson. The national average salary for a CEO is $182,124 per year in United States. Compensation data tools, salary structures, surveys and benchmarks. The remainder is an equity award that vests over three years. maple leaf sports and entertainment ltd. mlse foundation. 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. Kyle Dubas got most his shopping done early this year. This copy is for your personal non-commercial use only. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Elsewhere, consultants who advise companies on compensation published analyses finding that the increases for the most part reflected higher stock prices and better results. Theyre still earning nowhere near what some of their clients reap. A couple shot into the billions. Top Maple Leaf Sports & Entertainment executives are taking pay cuts in the wake of COVID-19 shutting down the companys sports and entertainment business. Eaves also serves as an Executive sponsor of the LGBTQ2S+ Employee Inclusion Group at MLSE. Extended management and executive salary reductions will be effective Jan. 1. Leading this organization for the past six years has been a highlight of my career and I am so proud of the organizations accomplishments and the commitment shown by MLSE employees every day, but especially during the challenges of the past two years, Friisdahl said in a statement. On May 31, 2013, Masai Ujiri was named President and General Manager of Basketball Operations of the Toronto Raptors. Austin, TX, AVCP Regional Housing Authority - 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. 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. Prior to joining MLSE, Miller was an associate at the law firm of Goodmans, LLP, practicing in the area of corporate/commercial law. 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. The paper values of the worst-hit packages have fallen more than 90%. 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. On rare occasions, though, the pay can swell in ways that make the directors in charge uncomfortable. expressly prohibited without the prior written consent of Toronto Friisdahl also had big shoes to fill in following the larger-than-life Tim Leiweke. In 1996, Miller graduated from the University of Toronto, Faculty of Law with a Bachelor of Laws degree. Hosford oversees the Marketing and Fan Experience, one of the largest and most diverse sports marketing portfolios in North America. 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. If the downturn is prolonged, some might reap only a fraction of the awards in their contracts. The halt in operations is having a dramatic impact on our business, Friisdahl wrote. The base salary for CEO ranges from $615,500 to $1,049,200 with the average base salary of $814,300. 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. Get the latest market price for benchmark jobs and jobs in your industry. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services, Anonymously share your pay to help the community. From 2003 to 2014, Devine was CFO at Tim Hortons Inc. following executive positions at Maple . . Ms. Devine holds an Honors Business Administration degree from the Ivey Business School, Western University and is also a Fellow of the Institute of Chartered Accountants of Ontario. 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. Chief Technology Officer (CTO) $234,700. Correction: Updates with change in CEO-to-worker pay since the onset of the pandemic in 15th paragraph. 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. In his first year, he was recognized on the Faculty Honours List. 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. Will Torontos fun summer programs stick around as COVID restrictions ease? He was also honoured with the Brock University Distinguished Young Alumni Award in March of 2015.Dubas and his wife, Shannon, have one son. Inflation is forcing consumers to rethink spending and the Federal Reserve to raise interest rates at a rapid clip. 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. 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. 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Having spent thirteen years at Rogers Centre in various roles working for Levy Restaurants, ultimately leading the location as Director of Operations. Though more shareholders have gotten critical of pay plans, the increased resistance is marginal and the impactif there is anyis hard to discern. 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. He hit the magical 50-goal mark in 1992-93 and 1993-94. 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 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. 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 . 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. 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. 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. Lets pay it forward! 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. MLSE corporate office is located in 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada and has 1,930 employees. 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. He formed the leagues Player Safety Department, which to this day, monitors on-ice conduct and flag plays that warrant review and potential discipline. Please note this email is only for . 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. 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. Behind him are a group of corporate leaders in charge of businesses making everything from electric cars to makeup to security software. At least for now, few executives have gone unscathed by the plunge in stocks that began this year. Miller was called to the Bar in March 1998. 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. 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). TORONTO, S.D. 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. The figures showcase the amounts boards put forth for their executives to earn. 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. $75k - $312k. That ratio has jumped 23%. Profit Sharing. 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. Miller was a key contributor in the completion of MLSEs ownership transaction in 2012. 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. Were focused on winning. MLSE won kudos in the early days of the pandemic in 2020, turning Scotiabank Arena into a giant kitchen to prepare and donate hundreds of thousands of meals to front-line workers and community agencies. 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. Leaders at MLSE. 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.

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