Malone grants McGuirk proxy over 44% voting power; Maffei steps down as CEO

Atlanta Braves Holdings, Inc.

Proxy grants McGuirk sole voting power over 887,079 Series B shares (44% of voting power) on director elections, exec compensation, routine matters.
Malone also grants McGuirk right of first refusal on share transfers and appreciation rights on Series B shares above $50/share.
Greg Maffei resigns as President, CEO, Chairman and director effective August 31, 2024, citing change in control and good reason.
Almost all current officers (Maffei, Wendling, Wilm) to step down; Braves operating team to assume roles at end of August.
Transition of G&A services from Liberty Media to Braves management, including legal, tax, IT, cybersecurity, and investor relations.

item 5.01 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Brian J. Wendling

Principal Financial Officer and Chief Accounting Officer

BATRA · Atlanta Braves Holdings, Inc.

Effective: 2024-08-31
Filed: August 23, 2024, 7:59 PM ET

Brian J. Wendling, Principal Financial Officer and Chief Accounting Officer of the Company, and Renee L. Wilm, Chief Legal Officer and Chief Administrative Officer of the Company, will step down from their officer positions, effective August 31, 2024.

Departed

Renee L. Wilm

Chief Legal Officer and Chief Administrative Officer

BATRA · Atlanta Braves Holdings, Inc.

Effective: 2024-08-31
Filed: August 23, 2024, 7:59 PM ET

Brian J. Wendling, Principal Financial Officer and Chief Accounting Officer of the Company, and Renee L. Wilm, Chief Legal Officer and Chief Administrative Officer of the Company, will step down from their officer positions, effective August 31, 2024.

Departed

Gregory B. Maffei

President, Chief Executive Officer, Chairman of the Board

BATRA · Atlanta Braves Holdings, Inc.

Effective: 2024-08-31
Filed: August 23, 2024, 7:59 PM ET

On August 21, 2024, Gregory B. Maffei notified the Company of his resignation as President, Chief Executive Officer, Chairman of the Board and a director of the Company effective August 31, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian J. Wendling departed as Principal Financial Officer and Chief Accounting Officer at Atlanta Braves Holdings, Inc..

Action: step down
Role: Principal Financial Officer and Chief Accounting Officer

Exact text from the filing

Brian J. Wendling, Principal Financial Officer and Chief Accounting Officer of the Company, and Renee L. Wilm, Chief Legal Officer and Chief Administrative Officer of the Company, will step down from their officer positions, effective August 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Renee L. Wilm departed as Chief Legal Officer and Chief Administrative Officer at Atlanta Braves Holdings, Inc..

Action: step down
Role: Chief Legal Officer and Chief Administrative Officer

Exact text from the filing

Brian J. Wendling, Principal Financial Officer and Chief Accounting Officer of the Company, and Renee L. Wilm, Chief Legal Officer and Chief Administrative Officer of the Company, will step down from their officer positions, effective August 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gregory B. Maffei resigned as President, Chief Executive Officer, Chairman of the Board at Atlanta Braves Holdings, Inc..

Action: resigned
Role: President, Chief Executive Officer, Chairman of the Board

Exact text from the filing

On August 21, 2024, Gregory B. Maffei notified the Company of his resignation as President, Chief Executive Officer, Chairman of the Board and a director of the Company effective August 31, 2024.

View on SEC.gov

Atlanta Braves Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-092242

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