Sphere Entertainment appoints David Byrnes as CFO; base $1M, target bonus 100%

Sphere Entertainment Co.

David Byrnes, 53, appointed EVP, CFO and Treasurer effective December 8, 2023.
Previously served as EVP & CFO of MSGE (Feb 2023) and prior CFO of Sphere Entertainment (Jan 2022-Apr 2023).
Base salary of $1M; annual target bonus not less than 100% of base; mid-year LTI grant of $100K.
For fiscal 2024+, expected annual LTI target of $1.8M; severance of at least 2x base + target bonus.
Employment agreement expires December 8, 2026; includes one-year non-compete after termination.

item 5.02 item 9.01

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Appointed

David F. Byrnes

Executive Vice President, Chief Financial Officer and Treasurer

SPHR · Sphere Entertainment Co.

Effective: 2023-12-08
Filed: December 8, 2023, 6:59 PM ET

On December 8, 2023, the Board of Directors of Sphere Entertainment Co. (the “Company”) appointed David F. Byrnes, 53, as Executive Vice President, Chief Financial Officer and Treasurer effective as of December 8, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David F. Byrnes was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Sphere Entertainment Co..

Action: appointed
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

On December 8, 2023, the Board of Directors of Sphere Entertainment Co. (the “Company”) appointed David F. Byrnes, 53, as Executive Vice President, Chief Financial Officer and Treasurer effective as of December 8, 2023.

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Sphere Entertainment Co. filing history →

Source: SEC EDGAR

accession 0001193125-23-291690

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