Magna Entertainment Corp. chief executive officer Jim McAlpine received a $200,000 bonus last year for his "contribution to the growth and development of MEC during fiscal year 2003," according to proxy material being circulated.
Wednesday, April 07, 2004Magna Entertainment Corp. has begun management-level workforce cuts in an effort to reduce the company's growing losses.
Tuesday, November 11, 2003Magna Entertainment Corp. increased revenue 59.7% in the third quarter but the company's losses continued to widen.
Friday, October 31, 2003Magna Entertainment Corp. has officially announced the appointment of Roman Doroniuk as chief operating officer and John Perrotta as vice-president of operations.
Thursday, May 15, 2003