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The Madison Square Garden Company stock price
The Madison Square Garden Company latest news:
Madison Square Garden CEO steps down, reason unclear
David “Doc” O’Connor has stepped down as president and CEO of the Madison Square Garden Company (NYSE:MSGN), the company said Monday.
Madison Square Garden's stock turns lower after Chairman Dolan assumes interim CEO role
Shares of Madison Square Garden Co. turned lower in afternoon trade Monday, after the live sports and entertainment company (MSG) said Chief Executive David O'Connor was stepping down, effective immediately, after 2 1/2-years in the role. The company did not give an explanation. MSG said Executive Chairman James Dolan has assumed the additional role of interim CEO. Dolan has been executive chairman of MSG since March 2015, and is also executive chairman of MSG Networks Inc. , since July 2009. MSG's stock was down 0.9% in recent trade; it was about flat just before the CEO transition announcement. MSG's stock has run up 33% year to date, while MSG Networks shares have tumbled 22% and the S&P 500 has gained 15%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-MADISON SQUARE GARDEN CO SAYS DAVID O'CONNOR HAS STEPPED DOWN AS CEO
* THE MADISON SQUARE GARDEN COMPANY ANNOUNCES SENIOR
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