BURBANK,
Calif., Jan. 8, 2025 /PRNewswire/ -- Sphere
Entertainment Co. (NYSE: SPHR) announced today that Robert Langer, a seasoned financial leader with
over 30 years of experience, will join the Company as Executive
Vice President, Chief Financial Officer and Treasurer, effective
January 13.
In this role, Mr. Langer will work closely with Sphere
Entertainment's management team to support the long-term direction
of the Company. He will provide strategic financial insight on all
facets of the business, from overseeing financial matters,
including all planning and analysis, to strategy and business
development. Mr. Langer will be based in the Company's Burbank office, and report to Sphere
Entertainment's Executive Chairman and Chief Executive Officer,
James L. Dolan.
"We are pleased to welcome Robert to Sphere Entertainment in
this pivotal role," said Mr. Dolan. "His multifaceted finance and
strategy experience across the media and entertainment industry,
both domestic and international, will be an asset as we continue to
pursue our long-term goals and advance key initiatives."
"Throughout my career I have focused on driving financial,
strategic and operational excellence across diverse business
segments and global markets," said Mr. Langer. "I am grateful for
this opportunity to join Sphere Entertainment and look forward to
working with the Company's management team, and the entire Finance
department, to achieve our business priorities."
Mr. Langer was previously with The Walt Disney Company where he
most recently served as Global Leader of Enterprise-Wide Financial
Planning and Corporate Strategy. In this role he led key finance
processes, and oversaw forecasts, annual budgets, and long-range
plans. He also directed the corporate strategy group, orchestrating
M&A activities, exploring strategic alternatives, and
overseeing a technology-focused incubator program. Mr. Langer first
joined Disney in 1999, and over his 25-year tenure held various
divisional financial leadership positions across the business,
including as Chief Financial Officer of Disney ABC Television
Group, Disney Consumer Products, Disneyland Resort, and Disney
Global Toys. He also has significant global experience, including
serving as Country Manager for Germany, Switzerland, and Austria, where he oversaw all of Disney's
businesses, activities, and brands in these markets. Prior to
joining Disney, Mr. Langer was as a senior case leader at The
Boston Consulting Group, where he focused on serving clients in the
consumer products, retail, and media industries.
Mr. Langer received his diploma in Theory of Management from the
University of Munich and an MBA
from UCLA Anderson School of Management.
About Sphere Entertainment
Sphere Entertainment
Co. is a premier live entertainment and media company. The Company
includes Sphere, a next-generation entertainment medium powered by
cutting-edge technologies to redefine the future of entertainment.
The first Sphere venue opened in Las
Vegas in September 2023. In
addition, the Company includes MSG Networks, which operates two
regional sports and entertainment networks, MSG Network and MSG
Sportsnet, as well as a direct-to-consumer and authenticated
streaming product, MSG+, delivering a wide range of live sports
content and other programming. More information is available at
sphereentertainmentco.com.
Contact: Sphere Entertainment –
spherepr@thesphere.com
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SOURCE Sphere Entertainment Co.
