MSG Networks Chairman James Dolan's 2020 pay slips 5% to $8.6M
MSG Networks reports 2020 executive compensation
By ExecPay News
Published: October 21, 2020
MSG Networks reported fiscal year 2020 executive compensation information on October 21, 2020.
In 2020, five executives at MSG Networks received on average a compensation package of $3.8M, a 9% decrease compared to previous year.
Average pay of disclosed executives at MSG Networks
James L. Dolan, Chairman, received $8.6M in total, which decreased by 5% compared to 2019. 56% of Dolan's compensation, or $4.8M, was in option awards. Dolan also received $2M in non-equity incentive plan, $1M in salary, as well as $764K in other compensation.
For fiscal year 2020, the median employee pay was $26,663 at MSG Networks. Therefore, the ratio of James L. Dolan's pay to the median employee pay was 321 to one.
Andrea Greenberg, Chief Executive Officer, received a compensation package of $5.4M, which decreased by 15% compared to previous year. 54% of the compensation package, or $2.9M, was in stock awards.
Bret Richter, Chief Financial Officer, earned $2.6M in 2020, a 14% decrease compared to previous year.
Lawrence J. Burian, General Counsel, received $1.4M in 2020, which decreases by 14% compared to 2019.
Dawn Darino-Gorski, Senior Vice President, Controller and Principal Accounting Officer, earned $1.1M in 2020, a 2% increase compared to previous year.
MSG Networks' fiscal year ends on June 30.
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Source: SEC filing on October 21, 2020.