Quentin F. Dolan
Madison Square Garden EntertainmentAbout Quentin F. Dolan
Quentin F. Dolan (age 31) is a Class B director of Madison Square Garden Entertainment Corp. (MSGE) since April 20, 2023; he is not an NYSE “independent” director and is a member of the Dolan family. He holds a degree from New York University and currently serves in senior performance and analytics roles at MSG Sports, bringing experience across strategy, investment, and player performance science .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| MSG Sports (NYSE: MSGS) | Senior Vice President, Player Performance & Science Leader | Jul 2024–present | Leadership of performance and science; supports analytics-driven sports operations |
| MSG Sports | Vice President, Strategic Advisor to Executive Chairman | Jan 2024–Jun 2024 | Strategic advisory to Executive Chairman |
| MSG Sports | Strategic Advisor to Executive Chairman | Jul 2023–Dec 2023 | Strategic projects and initiatives |
| MSG Sports | Investment Director | 2022–Jul 2023 | Investment analysis; portfolio support |
| MSG Networks | Director | 2015–Jun 2020 | Board role; media networks oversight |
| Grubman Shire & Meiselas, Azoff MSG Entertainment | Intern | Prior roles | Exposure to legal/media operations |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Sphere Entertainment Co. (NYSE: SPHR) | Director | 2020–present | Overlapping board with MSGE; potential interlocks |
| Madison Square Garden Sports Corp. (NYSE: MSGS) | Director | 2021–present | Overlapping board with MSGE; potential interlocks |
Board Governance
- Class structure and control: Class B shares carry 10 votes per share and elect 75% of the board; Dolan Family Group owns 100% of Class B and can elect nine directors and approve auditor ratification and say-on-pay regardless of other votes .
- Independence and committees: MSGE is a “controlled company” and does not have a majority-independent board nor a nominating committee; Audit and Compensation Committees are 100% independent (Class A directors) and chaired by Frederic V. Salerno and Donna M. Coleman, respectively .
- Meetings and attendance: Board met 5 times in FY2025; all directors attended at least 75% of Board and applicable committee meetings; directors are encouraged to attend annual shareholder meetings (all did in 2024) .
- Executive sessions and assessment: Regular executive sessions of independent directors; annual Board and committee self-assessments; Audit Committee oversees enterprise risk including cybersecurity and venue security .
- Lead independent director: The board does not designate a lead independent director due to voting structure and combined Executive Chairman/CEO role .
Fixed Compensation
| Component | Policy Detail | Amounts (Directors) |
|---|---|---|
| Annual Cash Retainer | Paid quarterly; prorated if partial quarter | $75,000 per director |
| Committee Member Fee | Audit/Compensation | $15,000 |
| Committee Chair Fee | Audit/Compensation | $25,000 |
| Annual Equity Retainer | RSUs (fully vested at grant; holding through 90 days post-separation) | $160,000 grant value determination via 20-day avg price |
Director-specific FY2025 compensation:
| Name | Cash Fees ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| Quentin F. Dolan | 75,000 | 152,790 (4,353 RSUs granted Dec 2024) | 227,790 |
Perquisites: Up to two tickets per event for up to eight events per year to assess venue experience (not deemed perqs); broader access/tickets at no cost may occur but were below SEC perquisite reporting thresholds for directors in 2025 .
Performance Compensation
| Instrument | Grant Date/Units | Grant-Date Fair Value | Vesting/Holding | Performance Metrics |
|---|---|---|---|---|
| Annual Director RSUs | 4,353 RSUs (Dec 2024) | $152,790 | Fully vested at grant; settlement deferred until 90 days post-separation; subject to holding requirement | None (time-based; no PSUs for directors) |
Note: Director equity is time-based RSUs designed for ownership alignment; performance-based awards (PSUs) apply to executives, not non-employee directors .
Other Directorships & Interlocks
| Relationship | Detail |
|---|---|
| Family ties | Quentin is the son of James L. Dolan (Executive Chairman & CEO of MSGE, also Executive Chairman & CEO of SPHR and MSGS), and brother to Charles P. Dolan and Ryan T. Dolan (both Class B directors); multiple family members serve across MSGE, MSGS, SPHR, AMC Networks . |
| Board overlaps | Eight MSGE director nominees also serve on Sphere Entertainment’s board; eight on MSG Sports; three on AMC Networks; corporate opportunity renunciation and related-party approval policies are in place . |
| Shared services and transactions | Extensive intercompany services, arena license, sponsorship and aircraft arrangements among MSGE, MSGS, SPHR and AMC Networks, overseen by Independent Committee with threshold approvals and quarterly reporting . |
Expertise & Qualifications
- Sports performance and science leadership; strategy and investment experience at MSG Sports .
- Entertainment venue familiarity and Dolan family institutional knowledge of Cablevision/MSG enterprises; NYU graduate .
Equity Ownership
| Holding Type | Quantity | Notes |
|---|---|---|
| Class A Common Stock (beneficial) | 13,546 shares (<1% of Class A) | As of Oct 17, 2025; Class A shares outstanding: 40,364,953 |
| Director RSUs held (6/30/2025) | 12,989 units | RSUs are fully vested at grant but subject to post-service holding requirement prior to settlement |
| Pledging/Hedging | Prohibited for directors under policy | Insider Trading Policy prohibits pledging/margin and hedging unless otherwise permitted |
Governance Assessment
- Board effectiveness: Quentin is not on Audit or Compensation Committees (independent-only); his presence adds family/institutional continuity but not independent oversight on core governance committees .
- Independence status: Not independent; elected by Class B holders, contributing to controlled-company dynamics and concentration of voting power in Dolan Family Group .
- Attendance/engagement: Met disclosure thresholds (≥75% attendance); Board holds executive sessions and conducts annual self-assessments; risk oversight led by Audit Committee .
- Compensation alignment: Director pay mix favors equity via RSUs with post-service holding requirements, supporting alignment but lacking performance conditions typical of PSUs; Quentin’s FY2025 pay was $227,790 with equity fair value $152,790 .
- Potential conflicts and related-party exposure: Extensive interlocks and intercompany transactions (services, arena, sponsorship, aircraft); mitigations include Independent Committee review for related-party transactions above $120,000 and $1,000,000 thresholds and corporate opportunity renunciation provisions. Nonetheless, overlapping roles and the absence of a lead independent director present governance risk signals for minority investors .
RED FLAGS
- Controlled company with concentrated voting via Class B; minority Class A holders elect only 25% of the Board .
- Corporate opportunity renunciation and overlapping boards across MSGE, MSGS, SPHR, AMC Networks increase conflict risk despite Independent Committee oversight .
- No lead independent director; combined Executive Chairman/CEO role .
SAY-ON-PAY & SHAREHOLDER FEEDBACK (Context)
- 2024 say-on-pay approval ~98.8% of votes cast (96.6% of Class A votes), indicating broad support for executive pay structure; management reports engagement with ~85% of Class A holders in FY2025 on governance and compensation .
INSIDER TRADES
- No Form 4 trading disclosures for Quentin were provided in the proxy; hedging and pledging are prohibited by policy .