Group 1 - Sphere Entertainment Co. announced the departure of Mr. David F. Byrnes, the Executive Vice President, Chief Financial Officer, and Treasurer, who will remain in his role temporarily to ensure a smooth transition [1][2] - Mr. Byrnes has been with the company since December 2023 and previously held a similar position at Madison Square Garden Entertainment Corp., where he was involved in significant strategic transactions [2] - Key transactions during Mr. Byrnes' tenure include the spin-off of MSG Entertainment in April 2023, the sale of the majority interest in Tao Group Hospitality in May 2023, and two secondary stock offerings in June and September 2023 [2] Group 2 - Sphere Entertainment Co. is a leading live entertainment and media company, featuring innovative entertainment mediums powered by advanced technologies [3] - The first Sphere venue was launched in Las Vegas in September 2023, marking a significant milestone for the company [3] - The company also operates MSG Networks, which includes two regional sports and entertainment networks and a streaming product, MSG+, providing a variety of live sports content [3]
SPHERE ENTERTAINMENT ANNOUNCES EVP, CFO AND TREASURER, DAVID BYRNES, WILL BE LEAVING THE COMPANY