Hulman & Co. adds heavy-hitters to board

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Hulman & Co. announced Thursday that it is further expanding its board of directors with the appointment of four high-profile business leaders.

John Ackerman, Jeff Belskus, Mark Miles and Jim Morris have accepted their appointments. The appointments, all effective immediately, expand the board to 11 members.

John Ackerman is the co-founder and managing director of Cardinal Equity Partners, a private investment firm established in 1993.

Belskus is a long-time Indianapolis Motor Speedway executive who replaced Tony George as president two years ago.

Mark Miles is CEO of the Central Indiana Corporate Partnership. Miles also was the chairman of the 2012 Super Bowl Host Committee and former CEO of the ATP Tour, which helps oversee men’s professional tennis.

Morris is the president of Pacers Sports & Entertainment. Prior to joining PS&E, Morris served as the executive director of the United Nations World Food Program. A long-time business and civic leader in Indianapolis, Morris also has served as president of the Lilly Endowment Inc. and as chairman and CEO of IWC Resources Corp. and Indianapolis Water Co.

Morris also has served as chairman of the Indiana University board of trustees, chairman of the Indiana State University board of trustees in Terre Haute, treasurer of the U.S. Olympic Committee and a member of the board of governors of the American Red Cross.

Hulman & Co. appointed three new directors in February 2011 to expand its board from five to eight members, but a board vacancy was created with the death of Jerry Throgmartin on Jan. 22.

Until last year, the Hulman & Co. board was dominated by Hulman and George family members. The company has various holdings in Terre Haute and Indianapolis, most notably the company that manufactures Clabber Girl products and the Indianapolis Motor Speedway.

“Our experience in the last year with an expanded board has brought about significant new opportunity and has been beneficial in taking advantage of growth opportunities for our family of companies,” said Mari Hulman George, Hulman & Co. board chairwoman.

Other than Belskus, who remains as Speedway president and CEO, the new board members will have no day-to-day management duties with Hulman & Co., and there is no change in the management structure of the company.

The board members will be assigned to advisory committees that oversee various aspects of the business to assist in establishing best practices, identifying opportunities to increase efficiency, approving policies and strategies, and providing general oversight.

Hulman & Co.'s other board members are Mari Hulman George's four children—Nancy L. George, M. Josephine George, Katherine M. George-Conforti and Anton H. “Tony” George—along with Andre B. Lacy and Michael L. Smith.



  • What?
    Indycar needs Randy.
    Randy goes.. we all go.
    u know this is serious just like 96-97-98
  • Keep Randy
    Sad to hear what's going on. I hope the board will read these comments. Don't let owners meddle!
  • Keep Randy!
    Randy Bernard is the reason why I watch Indycar. When the split happened I was on the side if CART, I sat by and watched unification happen. I still wouldn't watch because I still didn't agree with the man in charge (Tony George). Putting Randy in charge brought me back, and keeps me here. He has done more for the sport in the last 20 years than anyone has.

    I boycotted the Indy 500 for 12 years, I really don't want to do that again because I love this sport too much. But I will.

  • Bret..
    Brett you're are totally missing the point: this isn't about Randy and who is on the board, but rather letting the people on the board KNOW that we, the fans, support Randy and will stand behind him while a select few team owners try to plot to have him ousted.
  • Randy Bernard
    Don't plan on having me remain watching in person or on television if there is an ouster of Randy Bernard. The series is finally relevant again, and the owner cronyism is about to ruin everything that Randy and the fans have worked to restore. Stop meddling, or I stop watching.
  • #aim 4 feet again?
    You are on an huge upswing of credibility with Randy Bernard. Were you to make a move to replace him we are back to 1996 instantly.

    Do the right thing..
    Thanks for any appropriate consideration in this matter.
  • What are you talking about?
    Randy Bernard has NOTHING to do with who is on the board. This doesn't effect his job one way or the other!
    • if Randy goes, I go!
      Randy Bernard is the best thing that has happened to Indycar in the last 20 years. This is a series that did everything it could to derail itself...from USAC to CART to the IRl...from CHRIS pook to Bobby Rahal to Tony George...and RAndy is the only one who proved he could "right the ship" and make Indycar relevent again.

      I have gone to at least 1 Indycar race each of the past 10 years, and have gone to 2-3 Indycar races in each of the past 4 years.I was going to buy tickets to Baltimore & Iowa for this year, but mark my word if Randy gets the boot, I will NEVER AGAIN give Indycar even $1 of my support.

      I almost walked away for good after "The Split" but my love for Indy brought me back. But if Randy goes, I'm gone. For good.
    • Indy500
      I have been a fan for over 40 years. I know more about that race than the folks on the board. Randy goes...I go. Am I Clear?

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