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. Filter by location to see a CEO salaries in your area. Maple Leaf Sports & Entertainment Account Executive Salaries The pay briefly caused a stir on Wall Street. Recently searched related titles: The lowest-paying job at Maple Leaf Sports & Entertainment is a Coordinator with a salary of $49,223 per year. 31 is one of four numbers to have been honoured with a retirement by the Toronto Argonauts. Pierre Paulden, David Scheer and Brian Chappatta, With the assistance of: From 2011 through 2014, the Greyhounds had 14 players drafted to the National Hockey League; second most of all OHL teams over that span.At the time of his hiring by the Greyhounds, the Sports Management Graduate from Brock University (Deans List honours) became the second youngest General Manager in OHL history at the age of 25.In 2015, Dubas was recognized by Forbes Magazine as one of the sports industrys brightest young stars in their annual Top 30 Under 30 in Sports list. Doug Ford and MLSE CEO say private meeting was unrelated to COVID-19 Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. THE CANADIAN PRESS/Neil Davidson. Championships have come during his tenure Toronto FC, Argonauts and Raptors 905 (NBA G League) in 2017, the Marlies in 2018 and Raptors in 2019. 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. The pay cuts affect Friisdahl and eight other leading executives ranging from chief financial officer to chief marketing officer. 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.. Atlanta, GA, Texas Counseling Association - Anchorage, AK, Accreditation Commission for Education in Nursing - Budget expenses and capital improvements have also been frozen. 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.) The highest salary for a CEO in United States is $333,286 per year. Get the latest market price for benchmark jobs and jobs in your industry. 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. Extended management and executive salary reductions will be effective Jan. 1. MLSE corporate office is located in 50 Bay St Ste 500, Toronto, Ontario, M5J 2L, Canada and has 1,930 employees. Because of these adjustments, the figures may not match what was reported by the company in regulatory filings. Fourth doses in Ontario: When should you get one? Mlse Jobs in Toronto, ON (with Salaries) 2022 - Indeed In each of the three years of his undergraduate program, Miller was a Faculty Scholar. Chief Technology Officer (CTO) $234,700. Friisdahl is no stranger to the travel sector. 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 How much do Maple Leaf Sports & Entertainment employees make? 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. The numbers are higher for Friisdahl, who is taking a 30 per cent cut. The exuberance behind the payouts has since petered out, at least for the time being. 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. Hosford oversees the Marketing and Fan Experience, one of the largest and most diverse sports marketing portfolios in North America. Account Executive salaries at Maple Leaf Sports & Entertainment can range from $40,670 - $63,564 per year. MLSE Employee Directory. Working as a CEO typically requires 15+ years of related experience. An organization dedicated to enhancing the business climate of the hospitality industry. More. News ROom Contact US. Manning was the recipient of the Major League Soccer Doug Hamilton Executive of the Year award in both 2012 and 2014. 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. Top Maple Leaf Sports & Entertainment executives are taking pay cuts in the wake of COVID-19 shutting down the companys sports and entertainment business. 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 following takes a closer look at each position, examining how role-specific duties and other factors can impact compensation levels. 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. Morrow is a Certified Professional Accountant (CPA-CMA) and is a graduate of the University of Western Ontario. On May 31, 2013, Masai Ujiri was named President and General Manager of Basketball Operations of the Toronto Raptors. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. He also added 60 goals and 134 points in 184 NHL playoff games during his career. 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. MLSE After the pandemic struck in 2020, hundreds of boards eased targets or granted extra bonuses to give their executives a break as lockdowns in some cases torpedoed results. This is who's eligible, Need a refresher? The situation is further compounded by the uncertainty and indefinite postponement of our operations.. All 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. $1.0M $3.6M $40.8M $14.3K. That ratio has jumped 23%. Maple Leaf Sports & Entertainment Partnership - Bringing the world to its feet! 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Chief Executive Officer (CEO), Non-Profit Organization, Chairman, Recently searched companies with related titles : On rare occasions, though, the pay can swell in ways that make the directors in charge uncomfortable. Know Your Worth. Even in the moneyed world of high finance, advisers warned, Jimmy Levins pay deal was an exceedingly rich one. 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. 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. 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. This copy is for your personal non-commercial use only. Chief Marketing Officer (CMO) $230,735. Nine-figure paychecks, once a rarity, are proliferating despite critics on Capitol Hill and beyond. 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. He has scouted all over the world, including Europe, Africa, Asia and South America.Ujiri has also managed and coached the Nigerian junior and senior National teams.On a humanitarian level, Ujiri has been tireless in his efforts to promote and develop the game of basketball throughout Africa. Theyre still earning nowhere near what some of their clients reap. A couple shot into the billions. MLSE says the length of time employees will remain inactive will be based on its ability to return to normal business operations. $4k - $146k. Jenn Zhao, Photos 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. Account Coordinator, Membership Service Team new MLSE 4.2 Toronto, ON Executive Compensation & Salary Guide - CEO, CFO, CMO Salary 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. In her role as Senior Vice President of Music & Live Events at Maple Leaf Sports & Entertainment (MLSE), Melissa Bubb-Clarke oversees the Entertainment portfolio including Live Nation Canadas award winning Corporate Partnerships agency, as well as live event programming and production for our venues and their associated revenue streams. Mlse Jobs (with Salaries) 2023 | Indeed.com Canada The top dozen packages all surpassed $200 million. 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. 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 The average Maple Leaf Sports & Entertainment salary ranges from approximately $49,223 per year for, The highest-paying job at Maple Leaf Sports & Entertainment is, The lowest-paying job at Maple Leaf Sports & Entertainment is, Get started with your Free Employer Profile, Account Executive salaries - 29 salaries reported, Account Manager salaries - 16 salaries reported, Coordinator salaries - 15 salaries reported, Sales Associate salaries - 14 salaries reported, Concession Attendant salaries - 12 salaries reported, Security Guard salaries - 10 salaries reported, Marketing Coordinator salaries - 8 salaries reported, Supervisor salaries - 8 salaries reported, Retail Sales Associate salaries - 8 salaries reported, Ticket Agent salaries - 6 salaries reported, Fan Engagement Representative salaries - 6 salaries reported, Graphic Designer salaries - 5 salaries reported, Executive Assistant salaries - 5 salaries reported, Concessions salaries - 5 salaries reported, Marketing Manager salaries - 5 salaries reported. The average salary for an Account Executive is $64,176 per year in Canada, which is 24% higher than the average Maple Leaf Sports & Entertainment salary of $51,631 per year for this job. The company was founded in 1931 and is headquartered in Toronto, Ontario. Then the world moved on. Chief among them was enlivening the NHL All-Star Weekend by implementing the All-Star Player Draft at the showcase event beginning in 2011. Hosford was nominated for the 2017 Premiers Award for Outstanding Ontario College Graduates and in 2018, she was named one of Adweeks 33 Media, Marketing and Tech Stars Whove Helped Make Toronto a Vibrant Creative Hub.As a testament to her leadership and vision, the MLSE marketing team was awarded the CLIO Sports Awards Grand Prize and the In-House Agency Forum Awards Gold Prize. Compensation data tools, salary structures, surveys and benchmarks. 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). To order Responsible for the development of functional or business unit strategy for the entire organization. He is best known for a 12-player deal on February 22, 2011 that sent All-Star forward Carmelo Anthony to the New York Knicks. Were focused on winning. "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. Hosford is an ambassador and has participated in many philanthropic initiatives including recent missions to Kenya, New Orleans and Jamaica as part of her volunteerism with Habitat for Humanity and Free The Children. Having spent thirteen years at Rogers Centre in various roles working for Levy Restaurants, ultimately leading the location as Director of Operations. NASCAR is also cutting salaries until the series returns to racing, according to The AP. 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. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. C3.ai Inc. disputed Bloombergs valuation of the millions of stock options it granted to founder and CEO Tom Siebel. 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. Nabi is one of the beauty industrys leading founder talents: a hugely respected business leader with an outstanding track record, the company said in a statement. Devine joined MLSE in April 2017 from RioCan Real Estate Investment Trust where she had served as CFO. The figures showcase the amounts boards put forth for their executives to earn. 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. Greedflation, blared the headline of AFL-CIOs annual survey of executive pay. Behind him are a group of corporate leaders in charge of businesses making everything from electric cars to makeup to security software. Our Company Teams Portfolio. 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. Ryan H. Mudawar Vice President of Education and Workforce Programs. MLSE Company Profile | Management and Employees List - Datanyze Austin, TX, AVCP Regional Housing Authority - In addition, CEO may require an advanced degree or its equivalent. Leaders at MLSE - Maple Leaf Sports & Entertainment Republication or distribution of this content is 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. The Toronto Maple Leafs general manager then made one more deal before Friday's tepid NHL trade deadline passed. For a fourth straight year, the pack is being led by Tesla Inc.s Elon Musk, whose mega-grant from 2018 is allocated over a decade by the Bloomberg Pay Index. Apple. The NHL is reportedly cutting salaries for league employees who make more than $75,000 (U.S.) by 25 per cent. Wayne A. 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. He played professionally in Europe for six years, with stops in Belgium, Germany, England, Greece and Finland. 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. 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. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. That ratio has jumped 23% since the onset of the Covid-19 pandemic, the survey noted. 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. Given MLSE has also opted not to pay out annual bonuses. 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