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Get Salary Data on All Global MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. This report by The Canadian Press was first published Nov. 30, 2020. More than 30 public-company executives had pay deals that exceeded $100 million in value at the end of fiscal 2021, according to the Bloomberg Pay Index. He brings with him a vast working knowledge of the NBAs Collective Bargaining Agreement (CBA) and was part of the team that worked with the NBA Labor Relations Committee to negotiate the 2011 CBA with the National Basketball Players Association. News ROom Contact US. Know Your Worth. The average CEO salary in the United States is $814,300 as of February 27, 2023, but the range typically falls between $615,500 and $1,049,200. Their job is to make sure we win.. He played professionally in Europe for six years, with stops in Belgium, Germany, England, Greece and Finland. Such rewards have become the envy of leaders in some industries, like the big US banks, whose pay decisions tend to draw particular scrutiny by both lawmakers and the public. MLSE has had to relocate teams, keep staff safe and adapt to ever-changing schedules and conditions. President, Toronto FC and Toronto Argonauts. This copy is for your personal non-commercial use only. If no inputs are disclosed, the securities are valued using Bloombergs internal estimates. She is also a board member of the MLSE Foundation, a mentor with the American Marketing Association and a member of the 2014 and 2015 Sponsorship Marketing Awards Judging Panel, 2015 AToMiC Awards Jury and the 2015 CLIO Sports Jury.Under her leadership, the sports and marketing world was captured by both the Toronto Raptors We The North and Toronto FCs Bloody Big Deal marketing campaigns. Series executives, including the presidents of NASCAR-owned tracks, are taking a 25 per cent reduction in salary, while all other employees are having their salary reduced by 20 per cent. He returned as head coach from 2002 to 2007, leading the football club to six consecutive East Division Finals, including the 2004 championship, his fourth as an Argonaut. Back-to-back short-handed goals powered the Vancouver Canucks to a 4-1 victory over the Toronto Maple Leafs on Saturday. Cash and equity awards that depend on a companys performance during more than one year are applied to the first year of that period. The letter cited a report from the boards outside adviser, which had concluded that Levins pay level was exceedingly rare.. The company that owns Toronto professional sports teams including the Maple Leafs, the Raptors and the Argonauts as well as sports venues, says up to 25 per cent of full-time staff will be moved to temporary inactive status. Melissa is a proud board member of the Canadian Academy of Recording Arts and Sciences (Juno Awards and Musicounts) where she sits on the Governance Committee, the Canadian Live Music Association where she Chairs the Communications Committee and serves on the Toronto Music Advisory Council. With over 18 years of leadership experience, she leads all brand functions for the Toronto Maple Leafs, Toronto Raptors, Toronto FC, Toronto Argonauts, MLSE LIVE and MLSE Foundation.Hosford is a dynamic leader with a distinct creative insight. Marie Greyhounds in the Ontario Hockey League for three seasons from 2011-12 to 2013-14. When a companys stock tumbles, Youll hear, It was due to an external event. But it never was because of an external event when the stock went up.. The familiar horns of El Mechon by Banda MS blared in the Toronto Blue Jays minor league facility on Thursday to welcome back catcher Alejandro Kirk. If Bell and Larry want Masai, it would be Masai. Performance-based awards of restricted shares are valued using the target number of shares multiplied by the fiscal year-end share price, not by a Monte Carlo simulation. Levy Chief of Staff. The top dozen packages all surpassed $200 million. Editors: In his new role, Shanahan oversees all team operations after a 27-year NHL career as both a player and league executive.Shanahan, 45, played 21 seasons in the NHL from 1987 to 2009 and tallied 656 goals, 698 assists and 1,354 points in the regular season. Chief Human Resources Officer (CHRO) $250,000. The average Maple Leaf Sports & Entertainment hourly pay ranges from approximately $15 per hour for a Retail Sales Associate to $21 per hour for a Supervisor. maple leaf sports & entertainment. Allyson McLaughlin Huntington General Counsel. Miller served as lead MLSE counsel in the acquisition of the Toronto FC MLS soccer franchise and the negotiations of MLSEs strategic initiatives with the City of Toronto for the development and management of BMO Field at Exhibition Place, as well as the acquisition of the Toronto Argonauts CFL franchise. Teri Dennis-Davies is Chief People & Inclusion Officer at Maple Leaf Sports & Entertainment (MLSE) where she oversees the companys ED&I strategy. In addition, he helped establish, open and sold naming rights to Rio Tinto Stadium, home to Real Salt Lake.Manning brings a wealth of sports management experience to MLSE having previously served in executive positions with the National Football Leagues Philadelphia Eagles, the National Basketball Associations Houston Rockets and Real Salt Lake of MLS.A native of Massapequa, New York, Manning was a nationally-recognized collegiate soccer player at the University of Bridgeport where, as a sophomore, he helped the Purple Knights to a NCAA quarterfinal berth, and as a senior in 1986 he led his team to a final four appearance while earning first-team All-America honours. Last year now stands as the most lavish on record for executive compensation by almost any measure. To order To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. Affected employees will remain on MLSE payroll at a reduced salary, retain their benefits and pension and maintain their access to all corporate communication tools to remain current on MLSE's operations. MLSE Profile and History Maple Leaf Sports & Entertainment Ltd. (MLSE) is Canadas preeminent leader in delivering top quality sport and entertainment experiences to our fans. . Ms. Devine holds an Honors Business Administration degree from the Ivey Business School, Western University and is also a Fellow of the Institute of Chartered Accountants of Ontario. She joined the organization on October 19, 2020. Peter also advises on league (NHL, AHL, NBA, NBA G-League, MLS and CFL) franchise matters. The average Maple Leaf Sports & Entertainment salary ranges from approximately $49,223 per year for a Coordinator to $133,122 per year for a Director. The average CEO salary in the United States is $814,300 as of February 27, 2023, but the range typically falls between $615,500 and $1,049,200. 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Michael Friisdahl(president & CEO) Owner Rogers Communications(37.5%) BCE (37.5%) BCE Inc.(28%) BCE Master Trust Fund (9.5%) Kilmer Sports(25%) Subsidiaries Toronto Maple Leafs Toronto Raptors Toronto FC Toronto Argonauts Toronto Marlies Raptors 905 Toronto FC II Scotiabank Arena OVO Athletic Centre Maple Leaf Square(37.5%) Website Being a CEO identifies and delivers value to stakeholders. In his four seasons as General Manager of the Marlies, the team compiled a record of 190-90-20-4 and captured the Macgregor Kilpatrick Trophy as AHL regular season champion in 2015-16 and 2017-18. To order copies of Chief financial officer Cynthia Devine has been named interim president and CEO during the search for Friisdahls successor. Friisdahl has faced no shortage of challenges during his time in charge of the sports and entertainment conglomerate. Levin, who had been the firms investment chief for several years, also took on the CEO job in 2021. Leaders at MLSE. Shanahans creativity and proactive approach were deciding factors in the successful execution of the inaugural NHL Research and Development Camp in 2010. TORONTO - Maple Leaf Sports and Entertainment is looking for a new president and CEO. Levin never became a national news story. MLSE cuts salaries for full-time staff, extends management and executive reductions The Canadian Press Staff Contact Published Monday, November 30, 2020 8:48PM EST Workers prepare to install. Extended management and executive salary reductions will be effective Jan. 1. There will be 100s of people waiting to replace you though. At least for now, few executives have gone unscathed by the plunge in stocks that began this year. Conversely, it also does not take into account that awards could end up being worth multiples of Bloombergs figures if goals are exceeded by a wide margin. expressly prohibited without the prior written consent of Toronto Leading this organization for the past six years has been a highlight of my career and I am so proud of the organizations accomplishments and the commitment shown by MLSE employees every day, but especially during the challenges of the past two years, Friisdahl said in a statement. Search more salaries here: Chief Executive Officer - Physician Practice, CEO Salaries with a High School Diploma or Technical Certificate, CEO Salaries with a Master's Degree or MBA, CEO Salaries with a JD, MD, PhD or Equivalent, Chief Executive Officer (CEO), Non-Profit Organization, Detailed skills and competency reports for specific positions. The company that owns Toronto professional sports teams including the Maple Leafs, the Raptors and the Argonauts as well as sports venues, says up to 25 per cent of full-time staff will be moved to temporary inactive status. In 2017-18, the Marlies reached 50 wins for the third time in franchise history (2007-08, 2015-16) and set the League record for most road wins in a season (30).Before joining the Maple Leafs, Dubas served as General Manager of the Sault Ste. The two-day camp explored potential rule changes and variations to special teams play among many other strategic on-ice advancements.Shanahan later served as the leagues chief player disciplinarian beginning with the 2011-12 season and up until his appointment with the Toronto Maple Leafs in the spring of 2014. This report by The Canadian Press was first published Jan. 18, 2022, Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. For example, stock options granted at the depth of the Great Recession exploded in value in the following years. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of CEO in the United States. The exuberance behind the payouts has since petered out, at least for the time being. The TIAC is responsible for driving innovation and best practices at the NBA team level in collaboration with the league.Humza has an undergraduate degree from York University and holds various professional training accreditations from both the Schulich School of Business and the Niagara Institute, he also served as President of the CIO Association of Canada and was recently awarded a lifetime achievement award by the organization for his contributions to the Canadian tech ecosystem.Humza is an active member on the Canada Basketball Board of Directors, the Princess Margaret Cancer Foundation Board, Founding Member of the Coalition of Innovation Leaders Against Racism, and also serves on the Global Institute ofSport Advisory Board. Though more shareholders have gotten critical of pay plans, the increased resistance is marginal and the impactif there is anyis hard to discern. Apple. While the Maple Leafs and Raptors gear up for next season, Scotiabank Arena is getting a multimillion-dollar facelift. Jenn Zhao, Photos "These past nine months have been the most challenging we have ever experienced, and while we had hoped to see signs of a return to a more normal business operations by now, the effects of the second wave of the pandemic have forced us to brace for further uncertainty," stated president and CEO Michael Friisdahl. permissions/licensing, please go to: www.TorontoStarReprints.com. The average salary for a Chief Executive Officer (CEO) is $159,263. Miller has been consistently recognized internally for his commitment to the values of MLSE, earning a number of annual and monthly awards including MLSEs MVP of the Year award. Friisdahl also had big shoes to fill in following the larger-than-life Tim Leiweke. permissions/licensing, please go to: www.TorontoStarReprints.com. He returned to the Raptors organization where he had received his first front office position back in 2007.Ujiri had spent the past three seasons as Executive Vice President of Basketball Operations for the Denver Nuggets. Devine joined MLSE in April 2017 from RioCan Real Estate Investment Trust where she had served as CFO. Also missing, according to Rutman: A meaningful analysis of whether an award of this magnitude was actually needed to retain Mr. Levins services., Check our past Highest Paid Executives rankings for 2015, 2016, 2017, 2018, 2019 and 2020. At Coty Inc., Sue Nabi scored perhaps the biggest CEO pay deal ever granted in the world of beauty: $283 million. In the same year, Hosford also led her team to a successful bid for the 2016 NBA All-Star Weekend and erected Leafs Legends Row, a series of permanent bronzed statues celebrating the storied history of the Toronto Maple Leafs. The Associated Press reported last week that top NBA executives are having their base salaries reduced by 20 per cent for the foreseeable future. Morrow lead the development of the food and beverage planning for the 2010 Olympics building strong relationships with key governmental stakeholders, vendors and other organizations that ultimately lead to a successful Olympic Games.Morrow is an active member of the food and beverage community and is currently Chair of the Board of the Ontario Restaurant, Hotel, Motel Association (ORHMA). It noted that the average package for an S&P 500 CEO rose 18% in the past fiscal year to $18.3 million, 324 times a typical worker at those same companies took home. Dontrelle Inman is back with the Toronto Argonauts. Prior to this role, she was Executive Vice-President and Chief Financial Officer of RioCan Real Investment Trust from 2015 until 2017 and Chief Financial Officer of Tim Hortons Inc. from 2003 until 2014. How much does a CEO make in the United States? Miller works closely with the Board of Directors of MLSE in his capacity as Corporate Secretary. Even in the moneyed world of high finance, advisers warned, Jimmy Levins pay deal was an exceedingly rich one. Then the world moved on. The highest-paying job at Maple Leaf Sports & Entertainment is a Director with a salary of $133,122 per year. Girl Scouts of Alaska - His earlier international contributions saw him play a key role with Team Canada as the club snapped a 33-year drought by earning gold at the 1994 World Championships. Clemons concluded his coaching tenure with 68 coaching wins, the second highest in team history.He served as the teams Chief Executive Officer from 2008, and Vice-Chair from 2009-2019, during which the Argonauts won two Grey Cup.Clemons No. MLSEs team presidents subsequently joined forces with the Blue Jays to form the Team Toronto Fund, having their club management, coaches and players provide additional assistance including a special hardship fund where all impacted employees can apply for further assistance. Prior to joining Denver, he worked as an international scout for the Orlando Magic.A native of Nigeria, Ujiri brings tremendous knowledge and extensive global connections to the Raptors front office. LIQUIDITY SERVICES INC, OVERSTOCK.COM, INC, WILLIAMS-SONOMA INC, Based on HR-reported data: a national average with a geographic. In his first year, he was recognized on the Faculty Honours List. Humza has over 20 years of experience in driving Technology and Business Strategy, while directly contributing to both top and bottom-line results.Humza's organization at MLSE is responsible for digital strategy, technology,IT, mobile apps, data science and innovation - including our esports team and initiatives, Raptors Uprising Gaming Club and Leafs Gaming League. Salaries estimates are based on 946 salaries submitted anonymously to Glassdoor by a CEO employees. He has been inducted into the Canadian Football Hall of Fame, Ontario Sports Hall of Fame and Canadas Sports Hall of Fame. More. Behind him are a group of corporate leaders in charge of businesses making everything from electric cars to makeup to security software. $1.0M $3.6M $40.8M $14.3K. Here's what to do if you get COVID-19 in Ontario right now, Full list of where to get free COVID-19 rapid antigen tests in Ontario, Ontario's mask mandate has ended in most places. In addition, CEO may require an advanced degree or its equivalent. Theyre still earning nowhere near what some of their clients reap. Toronto ON, M5J 2L2. The foundation is responsible for the construction of a hospital in Uganda, over 200 schools in developing countries, 2 orphanages in Haiti, and locally awarding more than 200 scholarships through their foundations margins to mainstream initiative.Clemons is a graduate of the College of William and Mary, where he received a degree in economics. NASCAR is also cutting salaries until the series returns to racing, according to The AP. The Bloomberg Pay Index is a ranking of the highest-paid executives of publicly traded companies that file compensation data to the US Securities and Exchange Commission. Inflation is forcing consumers to rethink spending and the Federal Reserve to raise interest rates at a rapid clip. Read More Contact Who is MLSE Headquarters 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada Phone Number (416) 815-5400 Website www.mlse.com Revenue $1.6B Industry Sports Teams & Leagues Hospitality MLSE's Social Media Is this data correct? Accolades and recognition for McDonalds business results include the 2018-19 NBA Team of the Year, recognizing the outstanding business achievements of the Toronto Raptors and more recently the 2019-20 Raptors 905 NBA G League franchise of the year. Prior to RBC, Dennis-Davies held senior roles in a number of diverse organizations in the USA and the Caribbean including Hyatt Hotels, Merrill Communications, LLC, Fortis Fund Services, and KPMG. He was named 2012-13 NBA Executive of the Year after leading the Nuggets to a team-record 57 wins and a league-best 38-3 home court mark.Considered one of the most proactive executives in the NBA, Ujiri kept the Nuggets among the Western Conference elite through numerous trades and draft picks. MLSE president and CEO Michael Friisdahl calls it a "reimagination" of the venue that opened in February 1999. 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The total cash compensation, which includes base, and annual incentives, can vary anywhere from $851,700 to $2,056,100 with the average total cash compensation of $1,321,200. He is the Founder of the Giants of Africa Foundation, which launched the Top 50 and Bigman camps in his homeland. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. During his time with the Raptors, Webster has also served as assistant general manager and vice president, basketball management & strategy.Webster came to the Raptors after working for the NBA league office in New York for seven seasons in the legal department. Manning continued his playing career after college and won a U.S. Open Cup with the Brooklyn Italians in 1991, and played professionally in the United Soccer League (USL) with the Penn-Jersey Spirit (1991), Valley Golden Eagles (1993) and New York Fever (1994-95). Maple Leaf Sports & Entertainment employees rate the overall compensation and benefits package 3.3/5 stars. Thats when the frustration and hypocrisy comes in, said Rosanna Landis Weaver, a senior program manager at shareholder advocacy nonprofit As You Sow. Given MLSE has also opted not to pay out annual bonuses to full-time employees, the reduction in pay for the leadership group will be close to 50 per cent. Miller was a key contributor in the completion of MLSEs ownership transaction in 2012. Working as a CEO typically requires 15+ years of related experience. human trafficking ring, How best to clean the air inside your home, Tips to prevent pollution and improve air quality inside your home, Nordstrom is closing 6 stores across the GTA. Friisdahl is no stranger to the travel sector. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. THE CANADIAN PRESS/Neil Davidson. 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Manning was the recipient of the Major League Soccer Doug Hamilton Executive of the Year award in both 2012 and 2014. This would be fine but their starting salary isn't competitive. Chief Executive Officer (CEO), Non-Profit Organization, Chairman, Recently searched companies with related titles : A couple shot into the billions. The typical Maple Leaf Sports & Entertainment Account Executive salary is $51,631 per year. This would be fine but their starting salary isn't competitive. He is responsible for overseeing the legal matters relating to all of MLSEs sports and business operations. The newly appointed chief executive officer of Sculptor Capital Management Inc. would almost certainly make around $100 million a year, they told the hedge funds board. to colleagues, clients or customers, or inquire about He has also held various technical and management roles at Bell Canada.A frequent keynote speaker at various North American conferences focused on technology, innovation and driving business results, Humza has built strong technology and business partnerships with top organizations around the globe.This network allows him to innovate creatively and quickly, accelerating business objectives.Humza also represents the Toronto Raptors on the NBAs Team Innovation Advisory Council. If you do not yet have a Torstar account, you can create one now (it is free), Copyright owned or licensed by Toronto Star Newspapers Limited. Carla Reimold, Ph.D. Vice President of Industry Strategy and Investments. The remainder is an equity award that vests over three years. | powered by SmartRecruiters | Find Great Talent with a Career Page. Ensures appropriate governance and controls. Analyze the market and your qualifications to negotiate your salary with confidence. MLSE corporate office is located in 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada and has 1,930 employees. Your input helps Glassdoor refine our pay estimates over time. Through it all, Michael raised the bar in every area of MLSEs operation, and most importantly, made sure that the organization prioritized our leadership role in the community including finding impactful ways to help our city and its citizens recover from the pandemic.. The following takes a closer look at each position, examining how role-specific duties and other factors can impact compensation levels. They do not cover the presidents and GMs of the Raptors, Maple Leafs, Toronto FC and Argonauts, who have committed similar support through the Team Toronto Fund, according to a source not authorized to speak on the subject. The lowest salary for a CEO in United States is $105,632 per year. The pay briefly caused a stir on Wall Street. The stock is down 67% since then. The CEO position doesnt really matter when it comes to the teams and winning because the Presidents (Shanny, Masai, Manning) report directly to the board. Executes multiple high impact initiatives to achieve overall corporate goals. The national average salary for a CEO is $182,124 per year in United States. Maple Leaf Sports & Entertainment Account Executive Salaries Updated Oct. 28, 2022 Canada Canada Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Very High Confidence $51,631 /yr Base Pay Average 29 Salaries Average $41K $64K $48K 25% $58K 75% Additional Pay Average Low High $2,711 Avg Cash Bonus On October 8, 2019, Michael Pinball Clemons was named the 20th General Manager in team history, marking his 30th consecutive year with the football club in various roles.Clemons joined the Argonauts from Dunedin, Florida in 1989 after stints with the NFLs Kansas City Chiefs and Tampa Bay Buccaneers. Playing for the Double Blue until 2000, Clemons won Grey Cups in 1991, 1996 and 1997 with the Argonauts and was also named the leagues Most Outstanding Player in 1990. Options are valued by using the Black-Scholes inputs disclosed by the company, and the closing price at its fiscal year end. President and CEO Peter Breiling Vice President of Finance. Anchorage, AK, Accreditation Commission for Education in Nursing - McDonald oversees the Suite, Membership, VIP Hospitality business for the Toronto Maple Leafs, Toronto Raptors, Toronto FC, Toronto Argonauts, Toronto Marlies, Raptors 905 and the Premium Live ticketing business at Scotiabank Arena and Budweiser Stage. Shanahan is one of just eight players to ever achieve the rare feat of winning an Olympic gold medal and the Stanley Cup in the same season (2002).Throughout his career, Shanahan established himself as an important voice for the game of hockey, not only for his on-ice credentials, but for his leadership qualities off the ice.