These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. There will be 100s of people waiting to replace you though. Executes multiple high impact initiatives to achieve overall corporate goals. Allyson McLaughlin Huntington General Counsel. Prior to joining MLSE, he was president and CEO for Air Canada Leisure Travel Group, including Air Canada Rouge, and CEO of Thomas Cook North America. . Friisdahl is no stranger to the travel sector. 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. 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. To justify the pay, Rutman wrote, the board looked at privately held hedge funds and noted that the top 25 hedge fund managers have been paid on average $200 million to $2.7 billion since 2009. Savers CEO, AARP Foundation CEO, Salary estimation for CEO at companies like : She joined the organization on October 19, 2020. Last year, both JPMorgan Chase & Co. and Goldman Sachs Group Inc. handed special awards worth tens of millions of dollars to their CEOs and other senior leaders. Star Newspapers Limited and/or its licensors. 50 Bay Street, Suite 500. Toronto Star articles, please go to: www.TorontoStarReprints.com, Conversations are opinions of our readers and are subject to the, The Toronto Star and thestar.com, each property of Toronto Star 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. 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. Please note this email is only for . 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.. Their job is to make sure we win.. The club also won the Eastern Conference title (2009), Western Conference title (2013) and were MLS Cup runners-up (2013) and CONCACAF Champions League runners-up (2011). And if results were good, Levins haul could very well approach twice thata staggering amount at a firm with a market value then around $1 billion. 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 exuberance behind the payouts has since petered out, at least for the time being. 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. During her tenure at RBC, Dennis-Davies launched and chaired the functional Diversity Leadership Council for Human Resources, Corporate Communications, Brand and the Employee Ombudsman where she developed a diversity strategy focused on driving awareness, representation and engagement using metrics and data to measure and report on progress. President, Toronto FC and Toronto Argonauts. It does not take into account that many awards come with performance conditions and may not pay out, in part or at all, if those are not met. 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. Republication or distribution of this content is Search thousands of open positions to find your next opportunity. This would be fine but their starting salary isn't competitive. Prior to joining Tim Hortons, Ms. Devine served in senior financial executive positions for Maple Leaf Foods and Pepsi-Cola Canada. Not the job you're looking for? Remarkably, he has the distinction of being the only player in NHL history to exceed 600 goals and 2,000 penalty minutes for an entire NHL career and only 12 men have scored more goals in league history. Maple Leaf Sports & Entertainment Ltd. will provide reasonable accommodation for qualified individuals with disabilities in the job application process. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. rights reserved. View contact profiles from MLSE The highest salary for a CEO in United States is $333,286 per year. maple leaf sports & entertainment ltd. maple leaf sports and entertainment. In a statement, a spokesperson called Bloombergs methodology absolute nonsense and said it had no basis in the financial literature, securities regulations, tax literature, generally accepted accounting principles nor common sense.. Tom McDonald is Senior Vice President, Ticket Sales & Service at Maple Leaf Sports & Entertainment (MLSE) overseeing one of the most prominent, leading ticketing businesses in North America. This made C Vijayakumar the highest-paid Indian CEO among those working in Indian IT firms, as reported on July 26, 2022. How much do Maple Leaf Sports & Entertainment employees make? 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. Eaves joined MLSE in 2016 and is responsible for overseeing the Operations, Food& Beverage, Capital Projects, and Development functions at all MLSE venues. There is no retention strategy at MLSE besides the name MLSE which is associated with money..You'll be burned out in 2-3 years and leave to find a higher paying salary for the same or higher position elsewhere. The national average salary for a CEO is $182,124 per year in United States. C3.ai Inc. disputed Bloombergs valuation of the millions of stock options it granted to founder and CEO Tom Siebel. Ms. Devine is also a member of the advisory board of the Richard Ivey School of Business at Western University and a member of the board of governors of the North York General Hospital. This copy is for your personal non-commercial use only. There is no retention strategy at MLSE besides the name MLSE which is associated with money..You'll be burned out in 2-3 years and leave to find a higher paying salary for the same or higher position elsewhere. This report by The Canadian Press was first published Nov. 30, 2020. Michaels pride and joy are his wife Diane and three daughters Rachel, Raven and Rylie. The reductions affect roughly the leagues 100 highest-earning executives inside the league headquarters in New York and in global offices. The company, which has some 750 full-time employees and 4,000 hourly and part-time workers, had already announced several pandemic-related initiatives. Ms. Devine is currently a member of the board of directors and the chair of the audit committee of Empire Company Limited, the parent company of food retailer Sobeys and a board member of the Royal Bank of Canada. 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. In some instances, such as when companies state an intention to not grant additional awards for the duration of the existing awards, they are annualized over the full performance period. On rare occasions, though, the pay can swell in ways that make the directors in charge uncomfortable. News ROom Contact US. For example, stock options granted at the depth of the Great Recession exploded in value in the following years. Compensation data tools, salary structures, surveys and benchmarks. Manning was the recipient of the Major League Soccer Doug Hamilton Executive of the Year award in both 2012 and 2014. More. Lets pay it forward! 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The lowest-paying job at Maple Leaf Sports & Entertainment is a Coordinator with a salary of $49,223 per year. To order 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. It was also his second stint with the club after working as a scout from 2003-06 and the teams Director of International Scouting during the 2006-07 season. 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. If no inputs are disclosed, the securities are valued using Bloombergs internal estimates. A career highlight saw Morrow move to Vancouver in 2007 to lead the F&B Operations for the Vancouver 2010 Olympics. He formed the leagues Player Safety Department, which to this day, monitors on-ice conduct and flag plays that warrant review and potential discipline. Will Torontos fun summer programs stick around as COVID restrictions ease? Careers at MLSE. On May 31, 2013, Masai Ujiri was named President and General Manager of Basketball Operations of the Toronto Raptors. Our Company Teams Portfolio. 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. The pay cuts affect Friisdahl and eight other leading executives ranging from chief financial officer to chief marketing officer. At RBC, Dennis-Davies led a global employee relations team responsible for managing workplace issues including diversity, inclusivity and respect, discrimination, harassment, health and safety, accommodations and performance management, while also advancing the companys conduct and risk culture. As such, he received separate compensation for both roles, an unusual arrangement, through a complex mix of cash and equity tied to fund performance and stock return. 401 in Scarborough, Family of Ontario teen killed in crash demands justice after case thrown out over missing signature, Toronto spending $9M to rescue micro-tunneling boring machine stuck underground, IN PHOTOS: Here's what Ontario looks like under 30 centimetres of snow, 'Like shovelling concrete': Phillips on Ont. Tom, his wife Julia and their three daughters are residents of Uxbridge, Ontario and are active organizers and participants in the annual Terry Fox run and fundraising efforts in support of cancer research. Toms career at MLSE spans 20+ years and includes the successful ticketing execution of global events such as the 2014 NHL Winter Classic at Michigan Stadium, the 2016 NHL World Cup of Hockey tournament, 2016 NBA All-Star weekend, the 2017 NHL Centennial Classic at BMO field and the 2015 & 2017 IIHF World Junior Hockey Championship tournament. Humza is the Chief Technology and Digital Officer at Maple Leaf Sports & Entertainment. YouTube star Jake Paul took the first defeat of his professional boxing career Sunday night, losing a split decision to Tommy Fury. Bobby Webster enters his sixth season with the Raptors and second as the teams general manager. 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. The Toronto Maple Leafs general manager then made one more deal before Friday's tepid NHL trade deadline passed. The sizes and shapes of their awards differ, but theyre usually presented and rationalized with variations of a similar message: This is whats appropriate based on the persons skills, job duties, goalsand what executives elsewhere get paid. On November 11, 2013, the former left-winger was inducted into the Hockey Hall of Fame in his hometown of Toronto.The Mimico, Ontario native returned home again on April 14, 2014 but this time on the merits of his off-ice leadership ability when the Toronto Maple Leafs introduced Shanahan as President and Alternate Governor. View all MLSE jobs - Toronto jobs - Back End Developer jobs in Toronto, ON; Salary Search: Senior Backend Engineer (4-Month Contract) salaries in Toronto, ON; See popular questions & answers about MLSE $75k - $312k. Morrow is a Certified Professional Accountant (CPA-CMA) and is a graduate of the University of Western Ontario. Michaels leadership over the past six years has been incredibly important as the organization navigated through the highs of our successes and the challenges of managing the unprecedented impact of the COVID-19 pandemic these past two years, MLSE chair Larry Tanenbaum said in a statement. maple leaf sports and entertainment ltd. mlse foundation. If you are thinking of becoming a CEO or planning the next step in your career, find details about the role, the career path and salary trajectory of a CEO. Chief financial officer Cynthia Devine has been named interim president and CEO during the search for Friisdahls successor. He also added 60 goals and 134 points in 184 NHL playoff games during his career. With over 20 years of experience in the Entertainment industry, Melissa has always been interested by and dedicated to propelling the intersection of music, arts, culture and commerce in a way in which the artist and fan both benefit. Though more shareholders have gotten critical of pay plans, the increased resistance is marginal and the impactif there is anyis hard to discern. 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. Friisdahl also had big shoes to fill in following the larger-than-life Tim Leiweke. His duties included overseeing the scouting and personnel departments, talent assessment and related data management.On August 27, 2010, Ujiri became the first African-born GM in the NBA when he was hired to run the Nuggets basketball operations department. During his tenure, his teams finished with an overall record of 109-76-7-12, which included two post-season berths and a West Division title in 2013-14. MLSE won kudos in the early days of the pandemic in 2020, turning Scotiabank Arena into a giant kitchen to prepare and donate hundreds of thousands of meals to front-line workers and community agencies. THE CANADIAN PRESS/Neil Davidson. $1.0M $3.6M $40.8M $14.3K. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $849,258 to $2,050,264 with the average total cash compensation of $1,317,449. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. Friisdahl said, effective Wednesday, MLSE's executive leadership team is taking a temporary salary reduction of 20 to 25 per cent. Jenn Zhao, Photos As an active community member, Eaves volunteers his time with the Out of the Cold Program, Ernestines Womens Shelter, Youth Without Shelter and United Way Toronto. Even in the moneyed world of high finance, advisers warned, Jimmy Levins pay deal was an exceedingly rich one. A spokesperson for Embark Technology Inc. noted that the pay of CEO Alex Rodrigues mostly came in performance stock that vests in increments only if the share price exceeds thresholds ranging from $400 to $2,000 (reflecting a 1-for-20 stock split completed this week.) Prior to her appointment as Chief Marketing Officer, she held the Senior Vice President, Marketing & Fan Experience role, as well as leadership roles in the areas of Communications, Marketing and Global Partnerships. 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). More. Ontario expands eligibility for 4th COVID-19 vaccine dose, but healthy adults can wait until fall, Ontario expands PCR testing and treatments for COVID-19. Miller was a key contributor in the completion of MLSEs ownership transaction in 2012. Workers prepare to install a new video board and signage outside of the Scotiabank Arena in Toronto on Wednesday, July 31, 2019. He played professionally in Europe for six years, with stops in Belgium, Germany, England, Greece and Finland. Peter also advises on league (NHL, AHL, NBA, NBA G-League, MLS and CFL) franchise matters. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Here's what you need to know, Ontario woman must pay back more than $3K after losing debit card, RBC says, Nordstrom closing all stores in Toronto as it winds down Canadian operations, Ontario man spends almost $2,000, waits 10 months for oven repair, Toronto condo owner shocked when hit with $27,000 insurance bill, 'We are on the right track:' Toronto formally ends municipal state of emergency after 777 days, Local medical officers of health pen letter to Ontario's top doctor asking for mask mandates back, Ontario Liberals pledge to add COVID-19 vaccine to school immunization list, Nearly half of eligible Toronto residents have now received a fourth dose of COVID-19 vaccine. Cynthia Devine is the Interim President & CEO of Maple Leaf Sports and Entertainment (owner of Toronto Maple Leafs, Toronto Raptors, Toronto FC, and Toronto Argonauts). 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 was born in Denmark but came to Canada when he was 13. From 2003 to 2014, Devine was CFO at Tim Hortons Inc. following executive positions at Maple Leaf Foods and Pepsi-Cola Canada.
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