TERRE HAUTE, Ind. Hulman & Co. has announced an expansion of its board of directors in what the company described as "an effort to best position the company to take advantage of the promising outlook over the upcoming years." The changes were made during a regularly scheduled shareholders meeting on Feb. 17.
Hulman & Co. will add four members to the existing board, expanding from four members to eight. Anton “Tony” George, Andre Lacy, Michael Smith and Jerry Throgmartin will be added as members to the board of directors. The full Hulman & Co. board is now comprised of Mari Hulman George, Nancy George, M. Josephine George, Katherine George-Conforti, Tony George, Lacy, Smith and Throgmartin.
“As we strive to position Hulman & Co. to be more competitive and relevant in this marketplace, the current board believes we can strengthen our position by calling upon the successful business expertise of these additional board members,” said Mari Hulman George, IMS chairman of the board. “We are pleased to welcome Andre, Mike and Jerry to the board. In addition, I am particularly pleased that we will be adding Tony to the Hulman & Co. board, a board upon which he has been a member in the past.
“Over the last 18 months, we have successfully positioned Hulman & Co. for future growth through strong management, limited streamlining and other efficiencies. We are excited about the future, and we believe the addition of these board members and their long and proven history of extremely successful business management will benefit Hulman & Co. greatly.”
The new board members will not have any day-to-day management duties with the company, and there will be no change in the current management structure. Curt Brighton remains president and CEO.
Founded in 1850 and headquartered in Terre Haute, Ind., Hulman & Co. has owned and operated numerous businesses over the last century-and-a-half. Currently, the company’s holdings include Clabber Girl Corp., Indianapolis Motor Speedway Corp. and its affiliated companies including the Indianapolis Motor Speedway, LLC, IndyCar, IMS Productions and IndyCar Entertainment.