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Miller leaving Churchill Downs


Published :
Fri, 19 Jan 2007 00:05
By : Agencies
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LOUISVILLE, Ky. (AFX) - Michael E. Miller, chief financial officer of Churchill Downs Inc., will leave the company next week to join a commercial real estate development company, CDI announced Thursday.

Miller has been CFO at Churchill for four years, as well as executive vice president. He joined the company in January 2000 as senior vice president of finance.

Miller will be chief financial officer for Poe Companies, which is in Louisville.

He spearheaded the company's acquisition of Fair Grounds Race Course in new Orleans and the sale of Hollywood Park and Ellis Park and the pending sale of Hoosier Park, CDI said in a statement. He also led efforts to secure public financial support for the $121 million renovation project to modernize Churchill Downs.

CDI announced last month it was reducing its full-time corporate work force by about 30 percent, cutting 22 jobs.

The Louisville-based company owns and operates racetracks in Florida, Illinois, Indiana, Kentucky and Louisiana. The Kentucky Derby is run at the company's namesake track in Louisville.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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