Grau to Become Executive Vice President and
Chief Financial Officer on April
1
NEW
YORK, Feb. 5, 2024 /PRNewswire/ -- Madison
Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG
Entertainment") today announced that Michael Grau, a seasoned leader with nearly 40
years of experience, will join the company on February 12 as Executive Vice President, Finance.
Following a transition period, Mr. Grau will also assume the
responsibilities of Chief Financial Officer on April 1.
In this role, Mr. Grau will work closely with MSG
Entertainment's executive management team to support the long-term
direction of the Company. He will provide strategic financial
insight on all facets of the business and oversee the Company's
financial matters, including the financial planning and analysis,
controllership, treasury, investor relations, tax, and procurement
functions. Mr. Grau will report to MSG Entertainment's Executive
Chairman and Chief Executive Officer, James
L. Dolan.
"We are pleased to welcome Michael to MSG Entertainment in this
important role," said Mr. Dolan. "Michael was previously a key
member of our Finance team at Cablevision, and he brings
significant financial and operating experience to this role, which
will prove valuable as we continue to advance the Company's key
initiatives."
"MSG Entertainment is a leader in live entertainment, and I am
honored by the opportunity to leverage my experience in this role,"
said Mr. Grau. "I look forward to working with the Company's
management team, and the entire Finance department, to help ensure
we continue to deliver excellence across our financial operations
and drive business priorities."
Mr. Grau joins MSG Entertainment from Altice USA where he served as Chief Financial
Officer. In this role he was responsible for all aspects of the
Finance organization of the publicly traded cable communications
company. Mr. Grau assumed the role of Chief Financial Officer in
2019 following a nearly 20-year career at Cablevision Systems
Corporation, which was acquired by Altice in 2016. At Cablevision,
Mr. Grau served in roles of increasing responsibility across his
tenure, including leading the Corporate Finance department;
planning and executing on key corporate strategies; and liaising
with executive management and the Board of Directors on critical
financial matters. Prior to joining Cablevision, Mr. Grau served in
various leadership roles at Winstar Communications, a
telecommunications company with broadband network operations in
domestic and international markets. Mr. Grau began his career in
finance as an auditor at Deloitte & Touche.
Mr. Grau received his B.B.A. in Accounting and Finance from
Hofstra University.
About Madison Square Garden Entertainment
Corp.
Madison Square Garden Entertainment Corp. is a leader
in live entertainment, delivering unforgettable experiences while
forging deep connections with diverse and passionate audiences. The
Company's portfolio includes a collection of world-renowned venues
– New York's Madison Square
Garden, The Theater at Madison Square Garden, Radio City Music
Hall, and Beacon Theatre; and The Chicago Theatre – that showcase a
broad array of sporting events, concerts, family shows, and special
events for millions of guests annually. In addition, the Company
features the original production, the Christmas Spectacular
Starring the Radio City Rockettes, which has been a holiday
tradition for 90 years. More information is available at
www.msgentertainment.com.
Contact:
MSG Entertainment: msgepr@msg.com
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SOURCE Madison Square Garden Entertainment Corp.