other
confidence high
sentiment neutral
materiality 0.30
MSGS adopts executive deferred comp plan; CFO Mink gets new contract with $900k salary
Madison Square Garden Sports Corp.
- Executive Deferred Compensation Plan approved Nov 16, 2021 for SVP+ employees including NEOs.
- Participants may defer up to 75% of base salary and 100% of MPIP bonus; fully vested at all times.
- CFO Victoria Mink's employment agreement effective Jan 1, 2022 through Dec 31, 2024 with base salary ≥$900,000.
- Mink expected to receive annual LTIP awards with aggregate target value of not less than $1,200,000.