Speedway Motorsports, Inc. Names O. Bruton Smith Executive Chairman, Marcus Smith Chief Executive Officer in Executive Realig...
12 February 2015 - 9:00AM
Business Wire
The board of directors for Speedway Motorsports, Inc. (NYSE:TRK)
has named O. Bruton Smith as executive chairman and Marcus G. Smith
as chief executive officer in a realignment of executive officials,
the board announced Wednesday.
O. Bruton Smith, who has served as chairman and chief executive
officer since Speedway Motorsports, Inc.’s initial public offering
in 1995, will report directly to the board of directors, working
closely with the board and the chief executive officer to engage in
the overall leadership and strategic direction of the company,
guide senior management, coordinate activities of the board and
communicate with the company’s key stakeholders.
In an expanded role, Marcus G. Smith, who has served as Speedway
Motorsports, Inc.’s president and chief operating officer since
2008, will work closely with the executive chairman to manage
day-to-day operations of the company, provide overall leadership
and strategic direction and communicate with key stakeholders.
Smith will maintain his roles and titles of president of Speedway
Motorsports, Inc. and president and general manager of Charlotte
Motor Speedway, positions he has held since 2008.
The realignment, approved Wednesday by the Speedway Motorsports,
Inc. board of directors, is effective immediately.
About Speedway Motorsports, Inc.
Speedway Motorsports, Inc. is a leading marketer, promoter and
sponsor of motorsports entertainment in the United States. The
Company, through its subsidiaries, owns and operates the following
premier facilities: Atlanta Motor Speedway, Bristol Motor Speedway,
Charlotte Motor Speedway, Kentucky Speedway, Las Vegas Motor
Speedway, New Hampshire Motor Speedway, Sonoma Raceway and Texas
Motor Speedway. The Company provides souvenir merchandising
services through its SMI Properties subsidiaries; manufactures and
distributes smaller-scale, modified racing cars and parts through
its U.S. Legend Cars International subsidiary; and produces and
broadcasts syndicated motorsports programming to radio stations
nationwide through its Performance Racing Network subsidiary. For
more information, about the company, please visit
www.speedwaymotorsports.com.
Speedway Motorsports, Inc.Janet Kirkley, 704-532-3318
Speedway Motorsports (NYSE:TRK)
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