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Home USATF

USATF Annual Meeting: Revenue grows from $19 million to $35 million, decrease in operating expenses

Larry Eder by Larry Eder
April 1, 2022
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Max Siegel

USATF ANNUAL MEETING
ANAHEIM (USA): USATF CEO Max Siegel and President/Chairman of the Board Stephanie Hightower welcomed constituents from across the country to the 2014 Annual Meeting with a message of change, progress and the pathway toward organizational and competitive excellence. 


During Tuesday evening’s Opening Session, Hightower and Siegel offered welcoming remarks to the constituents in attendance, focusing on the theme of moving the organization forward together and supporting all those who represent USATF on every level. Siegel announced significant revenue increases, additional budget funding pending board approval and other substantive programmatic enhancements. 


In 2014 USATF revenue increase from $19 million to $35 million and also investment of an additional $9 million toward elite athlete programs between 2015-2020, $1 million decrease in USATF operating expenses and more than $11 million in elite athlete spending in 2014. President Stephanie Hightower presented six President’s Awards to the following dedicated individuals: John Mansoor, Demetrio Cabanillas, Bryan Hoddle, Vin Lananna, and USATF Board members Willie Banks and Ken Ferguson. President Hightower welcomed William Shelton and long-time USATF youth committee Sam Germany to the USATF Board of Directors.

(Editor’s note: USATF revenue growth is a clear indication of changes in leadership. Max Siegel’s quiet leadership has added $17 million in revenue in 2014, a decrease of operating expenses by $1 million, and $11 million spent for elite athletes!)

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  • Larry Eder

    Larry Eder has had a 52-year involvement in the sport of athletics. Larry has experienced the sport as an athlete, coach, magazine publisher, and now, journalist and blogger. His first article, on Don Bowden, America's first sub-4 minute miler, was published in RW in 1983. Larry has published several magazines on athletics, from American Athletics to the U.S. version of Spikes magazine. He currently manages the content and marketing development of the RunningNetwork, The Shoe Addicts, and RunBlogRun. Of RunBlogRun, his daily pilgrimage with the sport, Larry says: "I have to admit, I love traveling to far away meets, writing about the sport I love, and the athletes I respect, for my readers at runblogrun.com, the most of anything I have ever done, except, maybe running itself." Also does some updates for BBC Sports at key events, which he truly enjoys.

    Theme song: Greg Allman, " I'm no Angel."

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Tags: AnaheimCaliforniaMax SiegelStephanie HightowerUSATF
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