TERRE HAUTE —
Veteran business leader and international sports executive Mark D. Miles will become chief executive officer of Hulman & Co. on Dec. 17.
The appointment of Miles adds extensive experience to the company’s management. It also positions Jeff Belskus, who currently serves as CEO of several Hulman & Co. lines of business, to focus his attention primarily on the Indianapolis Motor Speedway Corp. and INDYCAR.
Miles will lead the overall business direction and management of Hulman & Co., including a key role in the refinement and implementation of the company’s long-term strategic plan. Hulman & Co. is comprised of Clabber Girl, Georgetown Realty, Indianapolis Motor Speedway, INDYCAR, IMS Productions and various other business entities.
“We are pleased to add Mark to the executive leadership at Hulman and Company,” said Mari Hulman George, IMS chairman of the board. “The combination of his international sports experience and leadership of large-scale events like the 2012 Super Bowl, along with his diverse experience with public and private corporations, make him an exceptionally positive match for our business. His business acumen, his ability to cultivate and develop partnerships and the extensive network in sports and business he will provide will strengthen all of our business units. His service as a member of the Hulman and Company board of directors has prepared him to contribute to the organization from day one.”
Miles brings an impressive blend of experience from all phases of his career to this new role. In the sports world, he transformed the ATP, governing body of men’s international professional tennis, from a start-up league to an international leader. During his 15-year tenure, the ATP posted impressive revenue gains, launched innovative marketing initiatives and expanded its global presence through successful events in Asia, the Middle East and Latin America.
Bookending Miles’ career are two major sports entertainment events which he successfully and profitably led: the Pan American Games in 1987 and the Super Bowl in 2012, a 10-day event that attracted more than a million fans and set a new standard for the NFL.
His most-recent business career includes six years leading the Central Indiana Corporate Partnership, a consortium of the leading companies in Central Indiana working with the premiere university research institutions to strategically develop economic growth in the region. During this same period, Miles has served on the board of The Pantry, one of the largest independently operated convenience store chains in the country, with more than 1,500 stores in 13 states and annual revenues exceeding $6 billion. He is also a director for City Securities, a diversified financial services corporation based in Indianapolis. Earlier in his career, Miles was executive director of corporate relations for Eli Lilly and Co.
“It is an honor to join Hulman and Company, known for its tradition of success,” Miles said. “I’m excited about joining the team and contributing my lifetime learning from international professional sports, large-scale major sports events and business environments. I have worked for companies with global profiles and brands, and I’m happy to continue that on behalf of the Hulman-George family and its significant business interests.”
Belskus will continue as president of Hulman & Co., president and CEO of the Indianapolis Motor Speedway Corporation and interim CEO of INDYCAR. He has served as president and CEO of Hulman & Co. since October 2011, one of his many senior management roles in Hulman & Co. operations over the last 25 years.
“The racing components of our business are very important to our company, and Jeff is uniquely positioned to help lead us into 2013 and beyond as he has complete understanding of our sport and our 2013 plan and an excellent relationship with our key stakeholders,” George said. “By allowing Jeff to focus on the racing businesses and significantly less on the other business units, we are clearly aligning our executive management team to move the company forward.”
Said Belskus: “We see opportunities to continue the growth of INDYCAR, which I view as an exciting challenge. My passion is rooted in the Indianapolis Motor Speedway and INDYCAR, and I have been energized by the opportunity we have in the short and long term for both organizations.”
Belskus added he is looking forward to working with Miles. They have served together on the Hulman & Co. board since March.
“Mark and I have known each other for many years and have worked together closely since he joined the Hulman and Company board,” Belskus said. “Mark brings a wealth of experience and has a good understanding of the opportunities and challenges that face our business. I believe he will be very helpful in bringing new and successful ideas to the company.”
Miles also believes Belskus’ experience and knowledge will help to lead Hulman & Company’s motorsports-related businesses to even more future success.
“Jeff understands racing and has relationships throughout the industry that have developed during his tenure with the company,” Miles said. “Allowing him to focus on IMS and INDYCAR will greatly benefit Hulman and Company. I look forward to working with Jeff as we implement a long-term strategy for Hulman and Company that positions all our business units for growth.”
Business
Related Photos
-
This April 11, 2011, file photo shows Mark Miles, chairman of the 2012 Super Bowl Host Committee, responding to a question during a news conference in Indianapolis. Miles has been named chief executive officer of Hulman & Co, which counts Indianapolis Motor Speedway and the IndyCar Series among its business entities. (AP File Photo/Darron Cummings)
Discussion
Mark Miles to become CEO of Hulman & Co. in mid-December
Addition allows Belskus to focus on IMSC, INDYCAR businesses
- Business
-
-
22-hospital St. Vincent Health cutting jobs
INDIANAPOLIS — One of Indiana’s largest health systems says it’s cutting an undisclosed number of jobs by June 30 because of increasing economic and competitive pressure on the health care industry.
-
Duke Energy gives $10K to Wabash Valley Red Cross for Vigo flood relief
Duke Energy is giving $10,000 to the Wabash Valley Red Cross chapter for flood relief from this spring’s heavy rains.
-
‘500’ gas stations being sold to Speedway LLC
After several decades in business, the area’s familiar “500” gasoline stations and convenience stores will soon be missing from the roadsides of Vigo and Sullivan counties.
-
Business Cents: Customers and companies: Sugar goes further than vinegar
Working with companies for more than decade I am still shocked to learn how not only companies react to customers but also how rude customers can be to companies.
-
SOCIAL SECURITY: Can’t work because of disability? Let us help
Disability is something most people don’t like to think about. But if you’re not able to work because you have a disabling condition that is expected to last at least one year or result in death, then it’s a subject you may not be able to avoid.
-
Naysayers should treat good news as good news
I like to complain as much as anybody else. In truth, I may do more than my share of finding fault and wagging a finger in warning. Nonetheless, I’m tired of commentators (including many economists) who find nothing good and only the darkest clouds for the past few months.
-
All mothers appreciate extra help
Think of all the times and ways that your mom has helped you over the years — when you were a child, and after you became an adult. With Mother’s Day upon us, now is a good time to pay mom back with a little Extra Help — with her Medicare prescription drug costs.
-
Upcoming meetings
The Terre Haute Chamber of Commerce is hosting a health care reform seminar for businesses from 2 to 3:30 p.m. on Tuesday at Old National Insurance at 925 Wabash Ave., suite 200.
-
Indiana ranked best place to do business in Midwest
Indiana was ranked as the best place to do business in the Midwest and the fifth best nationwide in a survey of more than 500 chief executives by Chief Executive magazine.
-
First Farmers rated among top 100 community banks
First Farmers Bank & Trust of Converse was named one of the 100 top-performing community banks for 2012 by SNL Financial.
-
Newsmakers: May 12, 2013
Employer Support of the Guard and Reserve has recognized John Thompson, president of Thompson Thrift Construction, and Paul Thrift, president of Thompson Thrift Development, as “Patriotic Employers.”
-
On the Move: May 12, 2013
Stacey Joseph, a realtor in Terre Haute, has earned the Certified Residential Specialist designation by the Council of Residential Specialists, the largest not-for-profit affiliate of the National Association of Realtors.
-
Chamber lauds four with Business Recognition Awards
Congratulations to our Business Recognition Awards winners! Our Awards Luncheon at the Meadows Banquet and Conference Center was a great event to wrap up Business Recognition Week, sponsored by Union Hospital. At the Luncheon we recognized four local businesses as the 2012 Business Recognition Award winners:
-
ISU students provide detailed grocery analysis
As the National Cooperative Grocers Association makes business decisions in the coming years, the organization likely will take into account an analysis of some of its competitors – about 4,000 of them.
-
Construction firm holding grand opening in Marshall on Friday
Construction, H&H LLC is holding a grand opening and Marshall Chamber of Commerce ribbon cutting ceremony on Friday at 812 N. Second St. in Marshall, Ill.
-
AP Source: Subaru to expand Indiana plant
Subaru plans to expand its Indiana factory and add workers to build the Impreza small car in 2016, a person briefed on the matter says.
-
Transit proposals can prove to be game changers
After baseball, my favorite TV watching is the government channel. Here I can see the local government in action or local government inaction.
-
On the Move: May 5, 2013
Melissa Schollaert, RDH, HHP, has been added as a counselor of holistic health and nutrition at The Maple Center for Integrative Health.
-
ISU set to offer financial planning program in 2014
When Indiana State University junior Jennifer Groth began scheduling classes last semester, she planned them out by thinking of an academic program the university does not yet offer. Groth will be one of the inaugural students in the financial planning program that ISU will begin to offer in spring 2014.
-
Newsmaker: May 5, 2013
Gov. Mike Pence announced the appointment of Jessica Robertson to commissioner of the Indiana Department of Administration, a role she will begin on Wednesday.
-
U.S. Postal Service opens village office in Worthington
The U.S. Postal Service officially opened the 40th Village Post Office in the Greater Indiana District on Monday in Worthington.
-
How consistent is your business?
There are six areas in which consistency is critical in the majority of companies. Too often, business owners feel as they are “chasing down” rather than “leading it along.” If you can get a high level of consistency with your standards and practices, then your company will benefit.
-
Good time to try Spanish online service
Cinco de Mayo is May 5 — a time to celebrate Mexican heritage and pride. Why not join the celebration by visiting Social Security’s Spanish website, where you’ll find a number of useful services and a wealth of information in Spanish.
-
First Financial’s net income up 3 percent
First Financial Corp. has announced results for its quarter that ended March 31. The Corp.’s net income increased 3.4 percent to $7.7 million, compared to $7.4 million for the same period of 2012.
-
Curtain goes up on new theater owner
The Indiana Theatre in downtown Terre Haute is under new ownership with a new purpose.
-
Indiana Theatre SOLD!
The Indiana Theatre at 683 Ohio St. is sold.
Rob Lundstrom, who owns the Copper Bar and Louise’s, took possession of the historic downtown theatre on April 25. -
Higher education completion rates questioned
Spring is really here. Baseball is being played, the Cubs are already tragic and Faye of the Forest reappeared on the back deck. She was parked on the railing as I sat down to write this column.
-
Vectren Corp. awards $2.3 million in grants
Vectren Corp. has announced that it awarded more than $2.3 million in 2012 through the Vectren Foundation and corporate contributions.
-
Hard work, good attitude produces success
Like clockwork, Indiana State University graduate Joe Evelo regularly provides monthly updates to the first client he signed up when he started his financial investment career more than 35 years ago.
-
On the move: April 28, 2013
Old National Bank has promoted Howard Mills to vice president, mortgage loan originator.
- More Business Headlines
-
22-hospital St. Vincent Health cutting jobs
Johnson: Don't Blame Islam or UK Policy
Okla. Teens Get Video of Deadly Tornado Overhead
Raw: Aftermath of Deadly Attack in London
Texas Students Coach Teachers on Fitness
Raw: Scuffles in London After Hacking Death
Chain-Reaction School Bus Crash Injures About 50
Britain Attack Believed Linked to Radical Islam
Raw: 80-Year-Old Climbs Mount Everest
Wash. State Man Arrested Following Ricin Scare
Meet MJ, the Bike Riding Tabby Cat
Man Shot While Questioned in Boston Probe
New Forecasting Tool Eyed for Hurricane Season
Raw: Kevin Durant Tours Moore After $1M Pledge
Weiner Launches Bid to Become NYC Mayor
Oklahoma Family Reflects on Lost Son
Today in History May 23
School Storm Protection Spotty in Tornado Zones
Moore Native Toby Keith Tours Tornado Damage
9-year-old Tornado Victim Loved Family, Singing
Oklahoma Survivors, Heroes Survey Damage
AK-47-wielding thug may be the most bumbling crook ever
Trout's cycle a boost for Angels
Raw: New Video of Deadly Oklahoma Tornado
Kim Kardashian Flaunts Pregnant Bikini Body in Greece
NBA star pledges $1M to help tornado recovery
Shakira's Shocking Talent
Morgan Freeman falls asleep on air
GRAPHIC: Blood-Soaked Machete Killer Caught on Tape
Elin Nordegren Furious With Lindsey Vonn For Parading Kids in Public
Camera Captures Climber As He Loses Grip And Falls
Helen Mirren Meets with Dying Boy in Queen Elizabeth's Place
Crowd Chants '¡Si, Se Puede!' After Passage of Immigration Bill
DWTS Crowns a Winner
Police Ram House to End Hostage Standoff
Demi Moore a Rocks Bikini at Harry Morton's Family House
Anthony Weiner: I'm running for New York City mayor
Kate Middleton's Dress Flies Up
VIRAL: Baby makes epic soccer goal
The Hangover Baby All Grown Up
