MSGS · MSG Knickerbockers Corp. Class A

This executive transition represents a high-materiality event for investors due to the strategic importance of the CFO role in a capital-intensive, publicly traded sports and entertainment company. Paul DiCicco brings deep operational finance experience across both private and public sectors, including direct responsibility for financial infrastructure supporting major franchises like the Philadelphia 76ers and New Jersey Devils — assets directly relevant to MSG Sports’ core business. His appointment signals continuity in financial stewardship while introducing fresh leadership with proven scalability experience in complex, multi-entity environments. The compensation structure — notably the $650,000 base salary, 100% target bonus, and $650,000+ annual long-term incentive target — aligns with peer-market benchmarks for senior finance executives in comparable media/sports firms and reflects the Company’s commitment to retaining top-tier talent. The robust severance package, tied to a defined three-year window ending May 10, 2029, provides stability during the transition and incentivizes retention through a critical period that includes upcoming fiscal planning cycles and potential strategic initiatives. Victoria Mink’s continued employment in a senior finance capacity ensures institutional knowledge transfer and mitigates execution risk, reinforcing governance discipline around leadership succession.