MSG Networks Chairman James Dolan's 2019 pay rises 1% to $9M
MSG Networks reports 2019 executive compensation
By ExecPay News
Published: October 25, 2019
MSG Networks reported fiscal year 2019 executive compensation information on October 25, 2019.
In 2019, five executives at MSG Networks received on average a compensation package of $4.2M, a 9% increase compared to previous year.
Average pay of disclosed executives at MSG Networks
James L. Dolan, Chairman, received $9M in total, which increased by 1% compared to 2018. 53% of Dolan's compensation, or $4.8M, was in option awards. Dolan also received $2.5M in non-equity incentive plan, $1M in salary, as well as $696K in other compensation.
For fiscal year 2019, the median employee pay was $27,883 at MSG Networks. Therefore, the ratio of James L. Dolan's pay to the median employee pay was 322 to one.
Andrea Greenberg, Chief Executive Officer, received a compensation package of $6.3M, which increased by 16% compared to previous year. 57% of the compensation package, or $3.6M, was in stock awards.
Bret Richter, Chief Financial Officer, earned $3M in 2019, a 19% increase compared to previous year.
Lawrence J. Burian, General Counsel, received $1.7M in 2019, which increases by 20% compared to 2018.
Dawn Darino-Gorski, Senior Vice President, Controller and Principal Accounting Officer, earned $1.1M in 2019, a 9% increase compared to previous year.
MSG Networks' fiscal year ends on June 30.
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Source: SEC filing on October 25, 2019.