Company finance veteran Michael Grau joins Madison Sq. Backyard Leisure Corp in a dual-capacity, with duties for overseeing the dwell leisure specialist’s monetary issues.
Efficient from Feb. 12, Grau joins the enterprise as govt VP, finance, then, following a transition interval, provides tasks of CFO from April 1.
On this position, Grau will work intently with MSG Leisure’s govt administration staff to assist the long-term path of the corporate, reporting to MSG Leisure’s govt chairman and CEO James L. Dolan.
Additionally, he’ll present strategic monetary perception on all sides of the enterprise, and cope with monetary planning and evaluation, controllership, treasury, investor relations, tax, and procurement features.
Grau joins MSG Leisure from Altice USA, the publicly-traded cable communications firm, the place he served as CFO. He took that position in 2019 following a virtually 20-year profession at Cablevision Programs Company, which was acquired by Altice in 2016.
“We’re happy to welcome Michael to MSG Leisure on this essential position,” feedback Dolan. “Michael was beforehand a key member of our finance staff at Cablevision, and he brings vital monetary and working expertise to this position, which can show useful as we proceed to advance the corporate’s key initiatives.”
“MSG Leisure is a frontrunner in dwell leisure, and I’m honored by the chance to leverage my expertise on this position,” provides Grau. “I look ahead to working with the corporate’s administration staff, and your complete finance division, to assist guarantee we proceed to ship excellence throughout our monetary operations and drive enterprise priorities.”
MSG Leisure’s portfolio consists of New York’s Madison Sq. Backyard, The Theater at Madison Sq. Backyard, Radio Metropolis Music Corridor, Beacon Theatre, and The Chicago Theatre, and the unique manufacturing, the Christmas Spectacular Starring the Radio Metropolis Rockettes.
The group final yr finalized a spin-off that separated the pure-play dwell music enterprise from MSG Leisure’s state-of-the-art venue in Las Vegas, sports activities tv community and hospitality companies.
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