
Additionally, CDI promoted William E. Mudd from Executive Vice President and Chief Financial Officer to President and Chief Financial Officer. Mudd has been with CDI since October 2007. In his new role, he will be responsible for operations at CDI’s race tracks and gaming properties (except Churchill Downs) and for all finance activities, corporate-level communications and investor relations.
“Having worked in finance for most of my career, I appreciate this opportunity to expand my experience in the operations area,” said Mudd. “The vast majority of our employees are at our tracks and casinos and I look forward to working with them to continue CDI’s success.”
Evans will remain CDI’s Chairman of the Board of Directors and will continue to be involved in the daily leadership of CDI. He’ll turn his attentions to company strategy, acquisitions, senior management selection and development, technology initiatives, legislative initiatives, and the Kentucky Oaks and Kentucky Derby.
“CDI’s future is exciting and I look forward to continuing to work with these outstanding leaders,” said Evans. “We operate under a collaborative senior leadership model and have frequently changed our organizational structure to allow our executives to develop experience in new areas. This approach has served us well, enabling us to diversify and grow the Company.”
Carstanjen and Mudd began their new roles Thursday, Aug. 28.
Photo & Cover: Courtesy Churchill Downs Incorporated