MSG Entertainment Board Changes: New Directors Appointed

Ticker: MSGE · Form: 8-K · Filed: 2024-07-25T00:00:00.000Z

Sentiment: neutral

Topics: board-changes, director-appointment, governance

TL;DR

MSG Ent. board shakeup: Gosin out, Cohen & Rone in. Effective immediately.

AI Summary

Madison Square Garden Entertainment Corp. announced on July 24, 2024, the departure of board member Barry D. Gosin. The company also elected two new directors, Jonathan A. Cohen and David M. Rone, to its board. These changes are effective immediately.

Why It Matters

Changes in board composition can signal shifts in strategic direction or governance, potentially impacting investor confidence and future company performance.

Risk Assessment

Risk Level: low — The filing details routine board changes and appointments, which typically carry low immediate risk.

Key Players & Entities

FAQ

Who has departed from the Board of Directors of Madison Square Garden Entertainment Corp.?

Barry D. Gosin has departed from the Board of Directors.

Who has been elected to the Board of Directors?

Jonathan A. Cohen and David M. Rone have been elected to the Board of Directors.

When were these board changes effective?

The changes were effective as of July 24, 2024.

What is the exact name of the company filing this report?

The exact name of the registrant is Madison Square Garden Entertainment Corp.

What is the company's principal executive office address?

The principal executive offices are located at Two Pennsylvania Plaza, New York, NY 10121.

From the Filing

0001193125-24-184938.txt : 20240725 0001193125-24-184938.hdr.sgml : 20240725 20240725170029 ACCESSION NUMBER: 0001193125-24-184938 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240724 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240725 DATE AS OF CHANGE: 20240725 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Madison Square Garden Entertainment Corp. CENTRAL INDEX KEY: 0001952073 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 920318813 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41627 FILM NUMBER: 241142703 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: (212) 465-6000 MAIL ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 FORMER COMPANY: FORMER CONFORMED NAME: MSGE Spinco, Inc. DATE OF NAME CHANGE: 20221025 8-K 1 d871668d8k.htm 8-K 8-K false 0001952073 0001952073 2024-07-24 2024-07-24     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 24, 2024     MADISON SQUARE GARDEN ENTERTAINMENT CORP. (Exact Name of Registrant as Specified in Charter)       Delaware   001-41627   92-0318813 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   Two Pennsylvania Plaza , New York , NY   10121 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (212) 465-6000 Not Applicable (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of Each Exchange on Which Registered Class A Common Stock   MSGE   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Senior Vice President, Controller & Principal Accounting Officer On July 24, 2024, the Board of Directors of Madison Square Garden Entertainment Corp. (the “Company”) appointed Layth Taki, 49, as Senior

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