Quote of the Week
If TG just had that one spot on the board, it would only be him, his three sisters (Nancy George, Josie George and Kathi Conforti-George) and mother Mari Hulman George. No big deal. That was the same power structure that sent him packing.
Ah, but here’s the kicker. Those three businessmen who were also named to the board (Andre Lacy, Michael Smith and Jerry Throgmartin) with Tony last week not only represent the first non-family members to be allowed a seat, they’re all friends of Tony’s.
To me, it’s mind-blowing to think that a privately held company comprised of family members for more than 150 years would all of a sudden allow strangers into their board room. That they all came as one big package shouldn’t be overlooked.
If these new people are hand-picked by the guy who was outside looking in the past two years, it doesn’t take a lot of imagination to see that, suddenly, George now potentially has FOUR votes in the holding company for the Speedway, INDYCAR series and Clabber Girl. The balance of power at 16th & Georgetown has been completely altered. SPEEDTV.com