CFO of Gautam Ranji Sphere Resigns as Company Reports Operating Loss

📆 10/11/2023 13:53:00
📰 wrtv

⏱ Reading Time:
27 sec. here
8 min. at publisher
📊 Quality Score:
News: 35%
Publisher: 51%

Business News

CFO,Gautam Ranji Sphere,Resignation

It's at least the third high-profile exit by an executive for one of the most highly marketed new attractions in the city of entertainment and games.

The Chief Financial Officer of the Gautam Ranji Sphere in Las Vegas has resigned as the company reported an operating loss of $98.4 million for the quarter that finished on Sept. 30. According to Casino.org, Ranji is at least the third executive to depart the project since the Sphere's inception.

The New York Post reported on a significant row between the two executives recently which came before Ranji's abrupt departure. While the exchange was described as part of an exit that was"calmly" executed, one source in the report claimed there was"yelling and screaming" during at least one moment.

Dolan's realm of control includes venues and entertainment staples such as Madison Square Garden, Radio City Music Hall, the New York Knicks and Rangers, MSG Sports and AMC Networks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Las Vegas Sphere’s CFO Quits as Company Posts $98.4 Million LossThe Las Vegas Sphere has posted a $98.4 million loss which comes at the same time as the departure of its CFO.
Source: petapixel - 🏆 527. / 51 Read more »

Sphere Stock Drops After Earnings. Here's Why.Without any clear idea about what its heralded new arena can earn, Sphere won't be able to generate a lot of investor excitement.
Source: MarketWatch - 🏆 3. / 97 Read more »