When former Nascar executive Max Siegel took over the U.S. track and field’s not-for-profit governing body in 2012, it was reeling from steroid scandals, an underperforming national team, and stagnant sponsorship. But in the past year, he has overseen an aggressive turnaround (including an estimated $500 million, 23-year commitment from Nike—one of the longest and most valuable sponsorships in all of sports). “Few people who aren’t involved in the sport know all the events we sanction: nearly 7,800 a year,” says Siegel. “We want to tell our story and reinforce that we have the top athletes in the world.” Here are a few of his initiatives:
Read full article here.