Madison Square Garden CEO David O’Connor steps down

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Madison Square Garden Company President and CEO David O’Connor, right, is applauded by MSG Networks Inc. President and CEO Andrea Greenberg, center, and others as his company's spinoff begins trading, Thursday, Oct. 1, 2015, on the floor of the New York Stock Exchange.

Richard Drew | AP

Madison Square Garden Company President and CEO David O’Connor, proper, is applauded by MSG Networks Inc. President and CEO Andrea Greenberg, middle, and others as his firm’s spinoff begins buying and selling, Thursday, Oct. 1, 2015, on the ground of the New York Stock Exchange.

The Madison Square Garden Company introduced on Monday that CEO David O’Connor stepped down from his place, efficient instantly. James Dolan, the corporate’s govt chairman, was appointed interim CEO, the corporate stated in an announcement.

The firm was buying and selling down greater than two % after the announcement.

O’Connor joined the New York City-based sports activities and leisure firm in 2015 after greater than 30 years on the Creative Artists Agency. He oversaw the spin-off of MSG from its predecessor firm MSG Networks Inc.

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