ARNOLD PALMER GROUP ADDS VICE PRESIDENT OF CORPORATE DEVELOPMENT
ORLANDO, Fla. (August 31, 2020) – The Arnold Palmer Group today announced Joie Chitwood III as its new Vice President of Corporate Development. Chitwood joins the team after a long career in motorsports, having worked most recently as Executive Vice President and Chief Operating Officer of International Speedway Corporation (ISC). During his time at ISC, Chitwood was responsible for twelve motorsports facilities, a $500 million capital budget and the company’s food and beverage business. He also oversaw the successful $400 million DAYTONA Rising project, which transformed the speedway into the world’s first motorsports stadium.
In his new role at the Arnold Palmer Group he is responsible for growing the various Arnold Palmer Group businesses as well as the golf events of the Arnold & Winnie Palmer Foundation, including its flagship event, the Arnold Palmer Invitational presented by Mastercard, and the Arnold Palmer Cup.
“We’re confident Joie’s experience will help us continue to grow our businesses as well as continue to grow our golf events. We are thrilled he’s joining us,” said Amy Palmer Saunders, Chair of the Arnold & Winnie Palmer Foundation. “His extensive business and management expertise combined with his appreciation of the legacy of my parents makes him a great addition.”
“The opportunity to be involved with the Arnold Palmer Group is both an honor and privilege,” said Chitwood. “I see tremendous opportunity to grow the businesses of the Arnold Palmer Group as well as the Arnold Palmer Invitational presented by Mastercard and the Arnold Palmer Cup. The impact the Arnold & Winnie Palmer Foundation has on the lives of young people is inspiring. I am excited to be a member of Arnie’s Army and will carry on the tradition of a life well played.”
Chitwood serves on a number of boards, including the board of trustees for the Motorsports Hall of Fame of America and the University of South Florida Foundation.
About the Arnold Palmer Group
Headquartered in Orlando, Fla., the Arnold Palmer Group is comprised of the business and philanthropic interests of the late Arnold and Winnie Palmer, including Arnold Palmer Enterprises, Inc., Arnold Palmer’s Bay Hill Lodge & Club, the Latrobe Country Club, Arnold Palmer Design Company, and the Arnold & Winnie Palmer Foundation. The Arnold & Winnie Palmer Foundation is the host organization of the Arnold Palmer Invitational presented by Mastercard, Central Florida’s signature sporting event and a highlight of the PGA TOUR, attracting the greatest names in golf. All proceeds from the tournament benefit the foundation, which is dedicated to supporting efforts related to children’s health, youth character development and nature-focused wellness. In addition, the foundation, in conjunction with Golf Coaches Association of America, hosts the annual Arnold Palmer Cup. The event features the top men and women in collegiate golf in a Ryder Cup-style competition matching the United States against a team of international players; it is a platform for perpetuating the Palmers’ commitment to youth development and the growth of amateur/collegiate golf.