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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. 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. Prior to joining Tim Hortons, Ms. Devine served in senior financial executive positions for Maple Leaf Foods and Pepsi-Cola Canada. Interestingly enough, the National Football League adopted the player draft format for their 2014 all-star game, the Pro Bowl. Friisdahl was born in Denmark but came to Canada when he was 13. 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). 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. to colleagues, clients or customers, or inquire about 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. Jobs in business are in increasing demand, requiring workers with at least a bachelors degree and moderate to advanced technical skills, with the use of data often a required job function. Extended management and executive salary reductions will be effective Jan. 1. 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. 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. 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. In a statement to Bloomberg, Sculptor wrote of its CEOs package: The majority of the reported compensation has not been received by Mr. Levin and requires that substantial shareholder return thresholds are met over a multiyear vesting period, aligning pay to performance for our shareholders and clients.. When factoring in bonuses and additional compensation, a Account Executive at Maple Leaf Sports & Entertainment can expect to make an average total pay of $54,733 per year. Analyze the market and your qualifications to negotiate your salary with confidence. Individualize employee pay based on unique job requirements and personal qualifications. He played professionally in Europe for six years, with stops in Belgium, Germany, England, Greece and Finland. 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.) 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. 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 To order copies of 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. The remainder is an equity award that vests over three years. 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Devine joined MLSE in April 2017 from RioCan Real Estate Investment Trust where she had served as CFO. All Your input helps Glassdoor refine our pay estimates over time. He went on to play at Bismarck State College and Montana State University-Billings (formerly Eastern Montana College). 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 figures showcase the amounts boards put forth for their executives to earn. The company, which has some 750 full-time employees and 4,000 hourly and part-time workers, had already announced several pandemic-related initiatives. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Maple Leaf Sports and Entertainment says it is cutting the salaries of up to one quarter of its full-time staff, and extending salary reductions for senior management and executives to deal with the financial impact of COVID-19. Even in the moneyed world of high finance, advisers warned, Jimmy Levins pay deal was an exceedingly rich one. During his time with RSL, Manning transformed the club into a winner, leading the organization to a 2009 MLS Cup championship, as well as a model franchise off the pitch where both season tickets and sponsorships more than tripled. 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. "On behalf of everyone at MLSE, I sincerely thank Tim for his support for the fans and his many contributions to our organization. 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. Manning also holds a U.S. Soccer National A Coaching License.Manning began his career in sports management with the Continental Indoor Soccer League during its inaugural season in 1993. Around 3.2% of companies in the Russell 3000 received less than 50% shareholder support for their executive pay plans, data compiled by Bloomberg Intelligence show. 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 Human Resources Officer (CHRO) $250,000. Correction: Updates with change in CEO-to-worker pay since the onset of the pandemic in 15th paragraph. Being a CEO identifies and delivers value to stakeholders. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. 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. presentation-ready copies of Toronto Star content for distribution TORONTO, S.D. Extended management and executive salary reductions will be effective Jan. 1. rights reserved. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. Carla Reimold, Ph.D. Vice President of Industry Strategy and Investments. 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. How much does a CEO in United States make? 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. If no inputs are disclosed, the securities are valued using Bloombergs internal estimates. This would be fine but their starting salary isn't competitive. Dontrelle Inman is back with the Toronto Argonauts. As the senior lawyer at MLSE, Millers expertise extends across all of MLSEs business units, including global partnerships, intellectual property, licensing, facility and event management and promotion, advertising and marketing, merchandising, ticketing, human resources and real estate. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. The national average salary for a CEO is $182,124 per year in United States. 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. My job is very much to support the teams, give them the tools, make sure we invest where we need to invest. 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. 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. Eaves holds an Honours Bachelor of Arts from Western University. 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. Over the coming weeks, we will continue to evaluate the impact and I will update you as any new or further actions are required to respond to this very fluid situation, Friisdahl said. Will Torontos fun summer programs stick around as COVID restrictions ease? In 1996, Miller graduated from the University of Toronto, Faculty of Law with a Bachelor of Laws degree. Back-to-back short-handed goals powered the Vancouver Canucks to a 4-1 victory over the Toronto Maple Leafs on Saturday. A memo to MLSE employees from president and CEO Michael Friisdahl obtained by The Canadian Press outlines the voluntary pay reductions as well as other steps to help mitigate pandemic-related losses. An organization dedicated to enhancing the business climate of the hospitality industry. 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. Theyre still earning nowhere near what some of their clients reap. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Not surprisingly, the sudden halt of all games and events on March 11 has had a significant impact to our revenue. Kyle Dubas got most his shopping done early this year. 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. Star Newspapers Limited and/or its licensors. So far, he has collected 11 of the 12 tranches of stock options, which have added $78 billion to his personal fortune and helped make him the richest person on the planet. Friisdahl deflected any praise to the teams management, MLSEs ownership and those that came before him. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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Account Executive salaries at Maple Leaf Sports & Entertainment can range from $40,670 - $63,564 per year. Inflation is forcing consumers to rethink spending and the Federal Reserve to raise interest rates at a rapid clip. Chief financial officer Cynthia Devine has been named interim president and CEO during the search for Friisdahls successor. 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. Professional sports has been disrupted by the pandemic with hockey games played in empty arenas, football matches cancelled altogether and NBA games having been played in Florida. Countries. News ROom Contact US. This made C Vijayakumar the highest-paid Indian CEO among those working in Indian IT firms, as reported on July 26, 2022. Stock Bonus, Tips have not been reported for this role, Get started with your Free Employer Profile, All Maple Leaf Sports & Entertainment Salaries, average salary for an Account Executive is $64,176 per year in Canada, The Ultimate Job Interview Preparation Guide. 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. LIQUIDITY SERVICES INC, OVERSTOCK.COM, INC, WILLIAMS-SONOMA INC, Based on HR-reported data: a national average with a geographic. The community relies on everyone sharing. Our Company Teams Portfolio. These two highly successful campaigns led Strategy to spotlight Hosford as Marketer of the Year in 2014. 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.. Chief among them was enlivening the NHL All-Star Weekend by implementing the All-Star Player Draft at the showcase event beginning in 2011. The base salary for Chief Executive Officer ranges from $613,763 to $1,046,244 with the average base salary of $812,010. The estimated total pay for a CEO is $377,206 per year in the United States area, with an average salary of $182,124 per year. Nine-figure paychecks, once a rarity, are proliferating despite critics on Capitol Hill and beyond. 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. She started in September 2020 at a time of crisis for the business and has overseen a 117% share price increase since then. Miller is a highly trusted and valued leader at MLSE whose advice and counsel are regularly sought and he is an integral part of the senior management team. Maple Leaf Sports & Entertainment Ltd. will provide reasonable accommodation for qualified individuals with disabilities in the job application process. Their job is to make sure we win.. 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. Morrow is a Certified Professional Accountant (CPA-CMA) and is a graduate of the University of Western Ontario. This would be fine but their starting salary isn't competitive. mlse. Peter also advises on league (NHL, AHL, NBA, NBA G-League, MLS and CFL) franchise matters. Friisdahl's predecessor Tim Leiweke was appointed CEO of MLSE in April 2013 and announced in August 2014 that he would depart the company to pursue new equity opportunities in the sports and entertainment industry. 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. Eaves also serves as an Executive sponsor of the LGBTQ2S+ Employee Inclusion Group at MLSE. 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. Consistently one of the top #4 arenas in North America and Top #10 globally for live entertainment, Scotiabank Arena continues to make its mark as a global destination for artists and fans. 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. Humza is the Chief Technology and Digital Officer at Maple Leaf Sports & Entertainment. Dan Morrow is Senior Vice President of Food and Beverage at Maple Leaf Sports & Entertainment (MLSE) where he oversees an F&B operation that encompasses Scotiabank Arena, BMO Field, Coca Cola Coliseum, Real Sports Bar & Grill and e11even. He is responsible for overseeing the legal matters relating to all of MLSEs sports and business operations. In 2023, once shes collected all the shares included in the package, shes poised to own roughly 3% of the company. MLSE has also suspended all non-essential business expenditures and costs, deferred non-essential capital projects and imposed a hiring freeze. 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. expressly prohibited without the prior written consent of Toronto Mr. Ford used his late mother's backyard as an unofficial second office to take numerous . This estimate is based upon 29 Maple Leaf Sports & Entertainment Account Executive salary report(s) provided by employees or estimated based upon statistical methods. Compass Digital Labs helped to drive billions of dollars of incremental revenue and market differentiation across retail and hospitality sectors across the United States and Canada.Humza has also worked at Allstream, where he led Business Transformation and IT Enterprise Architecture.