Winning Spirit Magazine May-June 2015 | Page 2

MESSAGE FROM MMC PRESIDENT/CEO CLARK WHITWORTH: PAST, PRESENT, FUTURE In writing this message to all of the employees of the Larry H. Miller Group of Companies, I want to express my gratitude to Gail and the Miller family for allowing me to be a part of this wonderful organization for more than 27 years. I am humbled as I start in my new role as president and chief executive officer of Larry H. Miller Management Corporation. One of the first thoughts that I’ve had as we continue down the path that was started long ago, is to look back at all that has occurred during the time I’ve been employed by the Group. In doing this I want to do more than just reflect on the history of events, but recognize the founding principles of this great organization. It all started on May 1, 1979 when Larry and Gail purchased the Toyota dealership in Murray, Utah. From that point forward, due to hard work, sacrifice and the many wonderful employees who have joined in their effort, the Group has become one of the best family-owned businesses in the country. I have been exposed to many of the decisions made as the Group has grown and expanded through the years. Working directly with Larry for so many years allowed me to see up close the values that have made this a great place to work. Larry’s decisions were always based on the fundamentals of honesty and integrity. He was an entrepreneur who enjoyed the challenge of hard work and had a great love for his businesses and his employees. His loyalty to his family and all those who worked for the Group were unmatchable. When Larry passed the keys of leadership to Greg, it was at the most difficult of economic times, but Greg took the challenge and led the company to new levels of performance that seemed out of reach. In a little over six years, the size of the company—as measured by revenue and number of employees—has nearly doubled. The company has never been more financially sound. Greg, with the support of Gail, continued to focus on the founding principles of this organization ensuring that all things were managed with professionalism and integrity. As we look to the bright future, I want to encourage all employees of the Larry H. Miller Group of Companies to join me in committing to Gail and the Miller family that we will continue to follow the mission, vision, values and guiding principles that were set forth and practiced by Larry and Gail. Together, let’s continue to reach higher as the Larry H. Miller Group of Companies grows and has an even greater impact for good in the communities where we live, work and play. WS Clark Whitworth began his career with the LHM Group in 1987 working on special projects, which included financing the Delta Center (now EnergySolutions Arena) as well as implementing 401(k) and financial administration. He was named chief financial officer for MAO and MFRE in the early 1990s. Before joining the LHM Group, Clark worked in public accounting at Peat, Marwick, Mitchell & Co. in New Orleans, for Deloitte in Salt Lake City and with the Rick Warner Group of Companies in Salt Lake City, where he gained significant experience in the automotive industry. CHANGES TO COMPANY STRUCTURE ANNOUNCED On May 11, 2015, the LHM Group announced the reorganization and return of the sports and retail business units under the moniker of Larry H. Miller Sports & Entertainment. Former Miller Sports Properties will now be joined by former Miller Retail Properties under one common entity. The reprisal of the previous Sports & Entertainment moniker positions the group for increased efficiency and future growth. “The return to our sports and entertainment structure reflects our desire to be leaders in this industry,” said Steve Starks, president of Larry H. Miller Sports & Entertainment. “Our intent is to field high-quality teams, attract special events, and provide great entertainment experiences that enhance our quality of life and contribute to the economic vitality of the region.” The sports properties are merging with Megaplex Theatres, Fanzz Sports Stores and Saxton Horne Communications. Additionally, Starks announced the appointments of John Larson as Chief Financial Officer and Craig Sanders as Chief Marketing Officer for Larry H. Miller Sports & Entertainment. Larry H. Miller Sports & Entertainment will be managed under Steve Starks in seven operational teams with the following leadership: Chief Operating Officer Jim Olson, Chief Revenue Officer Don Stirling, Utah Jazz President Randy Rigby, Fanzz General Manager Darren Squires, Megaplex President Blake Anderson, Chief Financial Officer John Larson, and Chief Marketing Officer Craig Sanders. In addition to the organizational changes, the following internal promotions were also announced: Mark Powell, general manager, EnergySolutions Arena; Jamie )