Hulman & Co. CEO Mark Miles Announces New Corporate Structure
Hulman & Co. CEO Mark Miles today announced a new organizational structure at an all-staff meeting. The structure divides the company, which include the IndyCar Series and Indianapolis Motor Speedway, into seven divisions. Miles said he still is searching for a president of Hulman Motorsports, who will oversee the “commercial aspects” of IndyCar and IMS. In an e-mail to staff, Miles added, “I hope to finalize this appointment soon.” Until he names someone to that position, Miles will oversee IMS and IndyCar sales, PR, marketing and business affairs.
Under the new structure, former IMS President Jeff Belskus will continue as Hulman & Company President and add the CFO role to his duties. He will be responsible for HR, IT, finance and the master plan for more than $100M in upgrades to IMS. Longtime IMS communications exec Doug Boles was named IMS President, a job that includes overseeing concessions, guest services, retail and ticketing. Derrick Walker is President of IndyCar Operations & Competition, Robby Greene is President of IMS Productions and General Counsel Gretchen Snelling will oversee the legal division.
This comes after Hulman and its racing subsidiaries last restructured high-level exec positions in January.