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CAMS board adopts changes to AMSC |
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Wednesday, 19 March 2008 |
Consistent with the outcomes of the organisational review conducted by Ernst
& Young, the CAMS Board have accepted a recommendation of Ernst & Young
to disband the Australian Motor Sports Commission (AMSC).
This decision is based on the establishment of a commercial operations division
within the CAMS structure to be responsible for its own commercial dealings.
Ernst & Young believed, and CAMS Board supports, the activities undertaken
by AMSC are fundamental facets of the CAMS business and should be overseen by
the CAMS Board and managed under the authority of the CEO.
In taking
this decision CAMS President, Colin Osborne said “the original rationale for
establishing the AMSC many years ago has now dissipated and whilst the AMSC and
more recently its members have served the sport and CAMS very well, it is now
appropriate in today’s organisational climate to integrate these operations
in-house”. Osborne added “the Board in making this decision wish to acknowledge
the significant contribution made by members of the AMSC, particularly David
Tait who has chaired AMSC for many years, Johnathon King-Christopher and Steve
Chopping who have been Commissioners also for many years and fully appreciate
their commitment to CAMS and motor sport, all of who have extended their ongoing
commitment to remain involved with CAMS and the sport as required”.
To
transition these arrangements in-house, the CAMS Board last week appointed Allan
Moffat OBE as Chair and Graeme Emerton as Commissioner to join Colin Osborne as
a Commissioner to manage this transition process. These appointments are legally
necessary to wind-up the operations of AMSC.
Concurrent with these
changes CAMS has made a number of pertinent structural changes and key
appointments to ready itself for this transition. These include the
establishment of a Commercial Operations Division to manage CAMS IP, establish
and build self-sustaining funding models for motor sport and to pursue
commercial opportunities for CAMS.
These activities will include those
previously undertaken by AMSC and extend to category management agreements,
facilities and business development arrangements (e.g. category profiles and
framework, category manager liaison, category management administration,
manufacturers engagement, promoters and facility owners/operators engagement,
national infrastructure and facilities strategy and planning, strategic
partnerships and special projects).
The new Commercial Operations
Division is headed by Cathy Hattersley, who commenced with CAMS in early March
and brings with her significant professional business management, marketing and
negotiation experience. Michael Masi will assist Cathy with these functions,
given his extensive motor sport experience and background. Michael commenced
with CAMS last week.
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