The Arnold Palmer Group has named Joie Chitwood III as its new Vice President of Corporate Development.
“The opportunity to be involved with the Arnold Palmer Group is both an honor and privilege. 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,” said Chitwood.
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. His extensive business and management expertise combined with his appreciation of the legacy of my parents makes him a great addition,” said Amy Palmer Saunders, Chair of the Arnold & Winnie Palmer Foundation.
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.
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.