Filing Overview
Madison Square Garden Entertainment Corp. filed a Form 8-K dated December 8, 2023, under Item 5.02. The filing reports a change in the Company’s senior finance leadership.
Material Change
- David F. Byrnes resigned as Executive Vice President and Chief Financial Officer effective December 8, 2023, to accept a position at another company.
- The Company stated that the resignation did not result from any disagreement with its independent auditors or management regarding accounting principles, practices, financial statement disclosure, or internal controls.
- Philip G. D’Ambrosio, Executive Vice President and Treasurer, will serve as interim principal financial officer.
Financial and Operating Information
The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, guidance, or other operating metrics. It does not report a new financial period or comparative financial results.
Outlook, Risks, and Unusual Items
No outlook, guidance, contingency, or business-risk update is provided. The primary unusual item is the immediate transition to an interim principal financial officer.
Key Facts to Verify
- Effective date of Mr. Byrnes’ resignation: December 8, 2023.
- Whether and when the Company appoints a permanent chief financial officer.
- Any subsequent disclosures regarding the interim officer’s responsibilities, compensation, or transition arrangements.
- Future filings for potential effects on financial reporting, internal controls, or finance leadership.