FOR IMMEDIATE RELEASE
Contact: Cher Co
312-505-7555
LARRY LEVY NAMED VICE PRESIDENT/FINANCE FOR DEVINE RACING
CHICAGO (December 19, 2005) – Larry Levy, Chief Financial Officer for
Devine Racing since its inception in 2003, today was named Vice President
Finance. Devine CEO Steve Miller, in making the announcement, stated,
"Larry Levy is the quintessential financial strategist and 'guardian.' In
all my years in business, he represents the top of the line in his field.
Larry sits at the table in every discussion regarding our total business
direction as well as providing accurate and precise economic modeling."
Larry has been active in all financial aspects of Devine Racing since the
fall of 2003, shortly after Devine created the Salt Lake City Marathon. He
oversees due diligence, financial modeling, financing and management of the
accounting department as well as being heavily involved in the acquisition
process. He is responsible for establishing all procedures, policies,
internal controls and budgets as they relate to each individual race in the
Devine Racing portfolio.
An integral part of the financial dealings for Marathon Media since 1996,
Larry served first as Controller then Chief Operating Officer. His role
included handling due diligence, budgeting and financial management for 95
radio stations in 25 markets throughout the Midwest, Intermountain west and
Northwest.
A graduate of Vassar College (1984) and Pace University with a Masters
degree in Accounting (1990), Levy is a C.P.A. in the State of Illinois.
Committed to the celebration of individual accomplishment, Devine Racing
was created to bring a new level of quality and professionalism to amateur
road racing events – delivering the highest level of professional service
in the industry – for participants, sponsors and communities where races
are held. In the process of building its national footprint, Devine Racing
currently owns the Los Angeles Marathon, the ‘New’ Las Vegas Marathon, the
Salt Lake City Marathon, the Chicago Half Marathon and the Chicago BIG 10K.
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