Michael Hodge

Chief Financial Officer

Professional Overview
Michael Hodge is an accomplished finance executive with over 15 years of experience driving financial strategy and operational excellence. As the Chief Financial Officer at Speedway Motorsports and Sonic Financial Corporation, he leverages his deep expertise in the automotive and motorsports industries to optimize financial performance, mitigate risk, and support strategic business objectives.

Experience Summary

Current Roles
Chief Financial Officer, Speedway Motorsports (2023-04-01 to Present)

• Oversees all financial operations, including budgeting, forecasting, and investment management

• Provides strategic financial guidance to support the company's growth and expansion initiatives

• Collaborates with cross-functional teams to identify and implement cost-saving measures and process improvements

Board Member, Sonic Automotive (2022-02-01 to Present)

• Serves on the board of directors, providing financial oversight and strategic counsel to support the company's long-term success

Chief Financial Officer, Sonic Financial Corporation (2023-04-01 to Present)

• Responsible for the overall financial management and reporting for the corporation

• Develops and implements financial strategies to drive profitability and shareholder value

Career Progression
EVP, Chief Accounting Officer, Speedway Motorsports (2020-12-01 to 2023-04-01)

• Played a key role in optimizing the company's financial operations and internal controls

• Partnered with senior leadership to identify and capitalize on growth opportunities

Vice President, Sonic Financial Corporation (2016-01-01 to 2023-04-01)

• Oversaw the company's financial planning, analysis, and reporting processes

• Implemented data-driven decision-making strategies to enhance financial performance

Director of Finance, Speedway Motorsports (2006-08-01 to 2015-04-01)

• Managed the company's financial reporting, budgeting, and forecasting activities

• Played a pivotal role in driving process improvements and enhancing operational efficiency

Academic Background

• Bachelor of Science in Accounting, University of North Carolina at Charlotte

Areas of Expertise

• Financial strategy and planning

• Cost management and operational optimization

• Risk management and internal controls

• Mergers, acquisitions, and integration

• Automotive and motorsports industry knowledge

Professional Impact

• Recognized for driving operational excellence and cost savings at Speedway Motorsports

• Played a key role in the successful integration of Sonic Automotive's acquisitions

• Actively contributes to the financial strategy and governance of Sonic Financial Corporation

Conclusion
With his exceptional financial acumen, strategic vision, and proven track record of success, Michael Hodge is poised to continue driving transformative change and sustainable growth within the automotive and motorsports industries. As a trusted advisor and strategic partner, he is committed to leveraging his expertise to create value for his organizations and their stakeholders.