MSG Sports activities introduced that Andrew Lustgarten will step down as president and CEO of the corporate on the finish of this yr.
The corporate didn’t identify a brand new CEO.
James Dolan will proceed to supervise each the Knicks and the Rangers.
“Over the previous couple of years, David has labored with Andy and the MSG Sports activities administration staff on guiding the corporate by an especially difficult time,” stated Dolan in a press release. “David’s management helped drive important monetary progress and in addition helped guarantee the corporate is properly positioned for the long run. As we glance to the long run, I’m assured that David’s a long time of appreciable and various expertise working with world-class sports activities franchises makes him the perfect govt to grab the alternatives that lay forward.”
MSG Sports activities, which owns the Knicks and the Rangers, was spun off from MSG Leisure in 2020.