Grau to Become Executive Vice President and Chief Financial Officer on April 1
New York, N.Y. (February 5, 2024) – 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
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 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.
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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
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