Madison Square Garden Sports director Richard Parsons resigns for health reasons
Director Richard D. Parsons resigned from the board effective immediately on December 3, 2024, citing health reasons, and the board reduced its size by one seat without nominating a replacement. At the December 4, 2024 annual meeting, stockholders elected 16 directors and approved all other proposals, including the auditor ratification, two stock plans, and the advisory vote on executive pay.
Key points
- Richard D. Parsons resigned from the board effective immediately, with notice given December 3, 2024; the board was reduced by one director and no replacement will be nominated.
- Class A holders elected Joseph M. Cohen, Nelson Peltz, Ivan Seidenberg and Anthony J. Vinciquerra; Peltz received 9,559,620 votes for and 6,772,505 withheld, the lowest support among the four.
- Class B holders elected 12 directors, including James L. Dolan and Charles F. Dolan, with 45,295,170 votes each and no votes withheld.
- Stockholders ratified the independent auditor for fiscal 2025 and approved the 2015 Employee Stock Plan, the 2015 Stock Plan for Non-Employee Directors, and the advisory vote on named executive officer compensation.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 05, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.