other material
confidence high
sentiment neutral
materiality 0.30
Madison Square Garden Sports Corp. enters new employment agreement with CFO Victoria M. Mink
Madison Square Garden Sports Corp.
- Annual base salary not less than $1,000,000 under agreement effective January 1, 2025.
- Long-term incentive awards target value not less than $1,500,000 annually, subject to Compensation Committee discretion.
- Scheduled expiration date of agreement is January 1, 2028.
- Severance provides at least 2 times sum of base salary and target bonus upon qualifying termination.
- Ms. Mink continues as EVP, CFO and Treasurer, reporting to Executive Chairman or CEO.