MSG Sports appoints Christopher Ripp as controller/PAO following Shvartsman's departure

Madison Square Garden Sports Corp.

Alexander Shvartsman resigned as SVP, Controller & PAO effective Nov 24, 2025, to join MSG Entertainment; no accounting disagreement.
Christopher Ripp appointed SVP, Controller & PAO effective Nov 24, 2025; previously VP, Accounting since July 2022.
Ripp's employment agreement provides base salary >= $350,000, target bonus >= 40% of base, and LTIP target >= $300,000.
Severance: if terminated without cause or for good reason before 3-year anniversary, at least sum of base salary plus target bonus.
Non-compete covenant restricts Ripp from competitive activities for one year post-termination.

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