MSG Sports announced that Andrew Lustgarten will step down as president and CEO of the company at the end of this year.
The company did not name a new CEO.
James Dolan will continue to oversee both the Knicks and the Rangers.
“Over the past couple of years, David has worked with Andy and the MSG Sports management team on guiding the company through an extremely challenging time,” said Dolan in a statement. “David’s leadership helped drive significant financial growth and also helped ensure the company is well positioned for the long term. As we look to the future, I am confident that David’s decades of considerable and diverse experience working with world-class sports franchises makes him the ideal executive to seize the opportunities that lay ahead.”
MSG Sports, which owns the Knicks and the Rangers, was spun off from MSG Entertainment in 2020.