MSGE renews EVP & Treasurer D'Ambrosio with unusual voluntary resignation benefits

Filed March 27, 2026 · Period ending March 24, 2026 · ~1 min read

Key Changes

• medium

  Philip D'Ambrosio's new 3-year contract includes an unusual provision: if he voluntarily resigns with 90 days' notice, all unvested equity and long-term awards immediately vest—a generous exit clause rarely seen for voluntary departures.

  Item 5.02 verify on EDGAR →
• low

  Total target compensation is approximately $2.9 million annually: $750,000 base salary, $750,000 target bonus (100% of base), and $1.4 million in expected long-term incentive awards.

  Item 5.02 verify on EDGAR →
• low

  Standard severance protection: if terminated without cause or for good reason, D'Ambrosio receives minimum $1.5 million (base plus target bonus) plus prorated bonuses.

  Item 5.02 verify on EDGAR →