NEW YORK, Feb. 09, 2016 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (NYSE:MSG) today announced that Jordan Solomon, a well-respected industry executive known for his business acumen and strategic innovation, has been named executive vice president of MSG Sports, effective February 11. In this role, which will report to company president and chief executive officer, David O'Connor, Mr. Solomon will lead all aspects of the business operations of the company's iconic sports franchises that play at Madison Square Garden, as well as the Westchester Knicks.
"Few companies anywhere have the breadth and depth of passion, loyalty and tradition that our sports teams have built," said Mr. O'Connor. "As we look to the future, we need visionary and fearless leaders like Jordan who readily embrace all of the possibilities inherent in today's frenetic environment - so we can ensure we're using all available tools to maximize our relationships with fans, partners, leagues and athletes, and best position ourselves for long-term success. Jordan is a perfect fit and we look forward to his arrival at MSG, and his immediate impact on our operations."
As executive vice president of MSG Sports, Mr. Solomon will be responsible for setting and executing an effective strategy for all of the business areas related to the company's sports teams. This includes developing the overall commercial strategy and goals for the
franchises' businesses; daily oversight of financial and operational matters; and identifying and building key strategic relationships. In addition, Mr. Solomon will be responsible for the in-game experience, as well as working with colleagues across the company to create marketing, sales, and sponsorship plans, along with fan development and community relations events and programs that strengthen the teams' brands. As a key member of the company's management team, Mr. Solomon will work to support the organization's overall success and help drive a culture of excellence.
"I am thrilled and honored to become a part of The Madison Square Garden Company, and look forward to supporting Doc and my new colleagues in driving innovation and performance," said Mr. Solomon. "There is no greater stage than Madison Square Garden and no bigger names in sports - I cannot wait to join the talented staff at MSG and collectively accomplish even greater success in the days to come."
Mr. Solomon joins MSG from the National Basketball Association (NBA), where he served as vice president, Team Marketing and Business Operations (TMBO) since 2014. In this role, he led the organization's strategy and analytics group, which provides NBA teams with financial, marketing and consumer analysis. He also advised teams on all elements of their business operations and strategy, including ticket sales and service, sponsorship, marketing, and analytics. Prior to the NBA, Mr. Solomon
was with McKinsey & Company for seven years, where he held a number of positions with increasing responsibility, including his last role as Associate Principal. During this time, he advised an extensive array of media and entertainment, gaming, and financial services clients in the areas of sales and marketing strategy, pricing, and customer experience. Mr. Solomon began his professional career at Silicon Valley Bank, where as part of the company's Venture Capital Group, he led due diligence, recommended investments and advised senior management of early-stage technology companies. Mr. Solomon holds a BA from the University of Wisconsin at Madison, a Masters of Public Administration from the Kennedy School of
Government at Harvard University and a Masters of Business Administration from the Tuck School of Business at Dartmouth College.
About The Madison Square Garden Company
The Madison Square Garden Company (MSG) is a world leader in live sports and entertainment with a portfolio of legendary sports teams, exclusive entertainment productions and celebrated venues. MSG Sports owns and operates some of the most widely recognized sports franchises: the New York Knicks (NBA), the New York Rangers (NHL) and the New York Liberty (WNBA), along with two
development league teams - the Westchester Knicks (NBADL) and the Hartford Wolf Pack (AHL). MSG Sports also presents a broad array of world-class sporting events, including: professional boxing, college basketball, tennis, bull riding and e-gaming events. MSG Entertainment features exclusive, original productions that include the Radio City Christmas Spectacular and the Rockettes New York Spectacular, both starring the Rockettes, and presents or hosts a wide variety of live entertainment offerings, including concerts, family shows and special events, in the Company's diverse collection of iconic venues. These venues are: New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, California; The Chicago Theatre; and the Wang Theatre in Boston, MA. More information is available at www.themadisonsquaregardencompany.com.
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Source: The Madison Square Garden Company
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