HLSR Spec 050113 Final
Transcription
HLSR Spec 050113 Final
President & Chief Executive Officer Position Specification May 2013 CONFIDENTIAL Prepared by Gregory R. Santore Jennifer Biehn This Position Specification is intended to provide information about the Houston Livestock Show and Rodeo and the position of President & Chief Executive Officer. It is designed to assist qualified individuals in assessing their interest. Houston Livestock Show and Rodeo President & CEO The Opportunity For three weeks in late February through mid-March, the Houston Livestock Show and Rodeo is more than an event…it’s a way of life! Established in 1932, the Houston Livestock Show and Rodeo (also known as RodeoHouston or HLSR) is the world’s largest live entertainment event and livestock exhibition. Growth of the Show has been consistent thanks to the support of Houstonians and the 28,000 volunteers who truly are the heartbeat of the Show. The Houston Livestock Show and Rodeo goes well beyond entertaining its visitors each year (2.5 million in 2013) by making a significant educational impact on the youth of Texas. In 2013, more than $25 million will be committed to education through scholarships and grants as a result of this year’s Show. To continue its ambitious aspirations for growth and giving, HLSR seeks a President and CEO to lead its operations in ever-changing economic times and who has the vision and ingenuity to raise the bar to even higher levels. The timing is truly ideal for a new President and CEO to take the reins as plans for the 2014 Show are already underway. To refer to HLSR as a complex organization is a vast understatement. It is an entertainment machine driven by the 91 employees and 28,000 volunteers who serve on over 107 different committees to facilitate the Show. To build upon its success, HLSR’s President and CEO will be an exceptional leader of people and programs with a demonstrated track record of success. He or she will possess excellent communication and relationship-building skills as is required to inspire and coordinate the complex activities and interactions of a volunteer force of this magnitude. Experience at the leadership level of a complex organization is absolutely necessary. The Houston Livestock Show and Rodeo’s new President and CEO will have the opportunity to lead an already successful organization to unprecedented heights and have significant educational and economic impact in the Houston region. For information regarding how to submit a nomination or express personal interest in this position, please see the section titled “Procedure for Candidacy” near the conclusion of this document. Witt/Kieffer 2 Houston Livestock Show and Rodeo President & CEO Houston Livestock Show & Rodeo Celebrating Agriculture, Education, Entertainment & Western Heritage History For more than 80 years, the Houston Livestock Show and Rodeo has been the heartbeat of the Southwest, beating powerfully with more than 28,000 volunteers who annually contribute their time, resources, and talent as part of the world's largest livestock exhibition, world's richest regular-season rodeo, and the Southwest's premier entertainment event. Since the Houston Livestock Show and Rodeo was established, it has made an impressive footprint on the livestock and entertainment industries and in the sport of rodeo. It also has played a notable role in enhancing the lives of thousands of young people in the state of Texas. The many milestones celebrated in the past 80 years have all contributed to Houston's most popular event. Mission Statement The Houston Livestock Show and Rodeo™ was organized for charitable, educational and scientific purposes to encourage and promote the breeding, raising and marketing of better livestock and farm products at public fairs and to promote and maintain research and educational functions within the livestock industry. It is the general policy of the Show to utilize, in the fiscal year subsequent to which it is earned, the excess of its revenue over expenses for the furtherance of its exempt purpose, including the granting and/or funding of scholarships, educational endowments, agricultural research projects and other similar programs. The funds of the Houston Livestock Show and Rodeo are used exclusively to meet necessary expenses for its upkeep and operation and in furtherance of the exempt purpose of the organization. $330 Million to the Youth of Texas Since its beginning in 1932, the Houston Livestock Show and Rodeo has committed more than $330 million to scholarships, research, endowments, calf scramble participants, junior Show exhibitors, School Art participants, and other educational youth programs. Witt/Kieffer 3 Houston Livestock Show and Rodeo President & CEO The Economic Impact of the Houston Livestock Show and Rodeo on the Houston Regional Community Because the Show Exists: • Annual aggregate gross sales are increased by $475,403,000. • Annual gross regional product is increased by $320,221,000. • Annual personal incomes are raised by $290,710,000. • 7,265 full-time equivalent jobs are created. • The local population is increased by 16,316 people. • Residential capital is changed by $361,877,000. • Non-residential capital is changed by $420,125,000. • The annual fiscal dividend (tax revenues) to local government is increased by $27,344,000. Expanded over the life of the Show's current 30-year lease at Reliant Park, the increase in government revenue is estimated by the Show staff to exceed $820,000,000. Above is an estimate based upon results of the 2010 Show in a study prepared by Barton Smith, Ph.D., Professor of Economics, Emeritus, University of Houston. The complete study can downloaded via link: http://admin.rodeohouston.com/Portals/0/Downloads/AboutUs/hlsr_econ_impact_2010.pdf Witt/Kieffer 4 Houston Livestock Show and Rodeo President & CEO Financial Performance Houston Livestock Show and Rodeo, Inc. (A combined entity comprised of Houston Livestock Show and Rodeo, Inc., Houston Livestock Show and Rodeo Educational Fund and Corral Club, Inc.) Combined Statements of Activities Years Ended August 31, 2012 and 2011 2012 2011 $ 72,628,076 34,215,185 3,403,434 382,425 $ 68,953,634 30,644,034 3,350,000 560,601 110,629,120 103,508,269 65,783,623 - 62,091,401 1,133,643 5,882,167 9,762,000 3,636,397 5,048,165 9,066,000 1,953,157 85,064,187 79,292,366 6,966,287 6,824,766 7,166,968 6,649,392 Total supporting expenses 13,791,053 13,816,360 Total expenses 98,855,240 93,108,726 Change in unrestricted net assets from operations 11,773,880 10,399,543 10,444,472 7,861 (289,245) (2,413,744) 14,238,019 27,722 (416,493) (355,665) 19,523,224 23,893,126 162,972,538 139,079,412 $ 182,495,762 $ 162,972,538 Operating revenues Program revenues Donations and contributions Membership fees Other income Total operating revenues Program expenses Livestock show and rodeo operations RITE Reading Program Youth and educational programs Contributions to junior show exhibitors Scholarships awarded Educational programs, research programs and other Total program expenses Supporting expenses General and administrative Fundraising Nonoperating activities Net investment income on investment securities Other interest income Interest expense Pension-related changes other than net periodic cost Change in unrestricted net assets Unrestricted net assets Beginning of year End of year Witt/Kieffer 5 Houston Livestock Show and Rodeo President & CEO Houston Livestock Show and Rodeo, Inc. (A combined entity comprised of Houston Livestock Show and Rodeo, Inc., Houston Livestock Show and Rodeo Educational Fund and Corral Club, Inc.) Combined Statements of Cash Flows Years Ended August 31, 2012 and 2011 Operating activities Change in unrestricted net assets Adjustments to reconcile change in unrestricted net assets to net cash provided by operating activities Provision for depreciation and amortization Net realized gain on sale of investments Net unrealized gain on investment securities (Gain) loss on sale of fixed assets Change in fair value of interest rate swap Change in unfunded pension plan obligation Change in assets and liabilities Accounts receivable Prepaid expenses Other assets Accounts payable and accrued liabilities Deposits Scholarship awards payable and committed Deferred revenues 2012 2011 $ 19,523,224 $ 23,893,126 3,414,990 (1,872,262) (5,034,553) (2,000) (187,883) 2,195,337 3,451,630 (2,455,902) (8,288,429) 25,134 (137,784) 749,140 303,047 1,360 (67,640) 300,320 (24,689) 1,118,875 16,305,757 472,070 (63,980) (336,684) 791,108 52,280 40,250 (7,636,149) Net cash provided by operating activities 35,973,883 10,555,810 Investing activities Purchase of investment securities Proceeds from sales and maturities of investment securities Purchase of fixed assets Proceeds from sale of fixed assets (55,830,077) 30,745,245 (2,685,380) 2,000 (62,729,816) 52,021,389 (1,697,395) - (27,768,212) (12,405,822) (1,100,000) (1,050,000) (1,100,000) (1,050,000) 7,105,671 (2,900,012) 16,830,778 19,730,790 $ 23,936,449 $ 16,830,778 Net cash used in investing activities Financing activities Payment of bonds Net cash used in financing activities Net change in cash and cash equivalents Cash and cash equivalents Beginning of year End of year 6 Witt/Kieffer The accompanying notes are an integral part of the combined financial statements 4 Houston Livestock Show and Rodeo President & CEO Experience the Rodeo: 2013 Success All In, All Done! 2013 Show Concludes With Record-Shattering Attendance Posted on Monday, March 18, 2013 As the world’s largest livestock Show and rodeo, it is no surprise that the Houston Livestock Show and Rodeo breaks records, but to shatter past numbers as significantly as it did in 2013 is beyond Show officials’ wildest dreams. Houston Livestock Show and Rodeo attendance actually exceeded the population of the city of Houston, with more than 2.5 million visitors. “We couldn’t have asked for better weather, better fans or better entertainment, and with the help of more than 28,000 volunteers, the Show was able to cater to an astonishing 2.5 million people — what a remarkable achievement,” said Skip Wagner, then president of the Show. Following are highlights from the 2013 Show: Attendance - The 2013 Houston Livestock Show and Rodeo entertained 2,506,238 visitors (all activities on the grounds). - The one-day total attendance record was set Saturday, March 16, with 174,507 visitors. - The RODEOHOUSTON® paid attendance record of 1,308,288 fans enjoyed action-packed rodeo performances and superstars in concert. - Five RODEOHOUSTON performances landed in the list of the Show’s top 20 paid Rodeo attendance records, taking the top five spots: o o o o o first: March 10, 2013 – Julion Alvarez and Los Invasores de Nuevo Leon – 75,305 second: March 16, 2013 – Luke Bryan – 75,242 third: March 15, 2013 – Blake Shelton – 75,238 fourth: March 14, 2013 – Pitbull – 75,217 fifth: March 7, 2013 – Bruno Mars – 75,177 - A record 264,132 people attended the World’s Championship Bar-B-Que Contest to help kick off the Show, Feb. 21 – 23. - The Sunday, March 17, concert-only performance with George Strait, Martina McBride and the Randy Rogers Band set an all-time paid attendance record for Houston Livestock Show and Rodeo concerts, and for any event in Reliant Stadium, with 80,020 people. Prior to the concert, the Show held a re-dedication ceremony at its Star Trail of Fame for George Strait, elevating him as the first platinum honoree. Also announced was the Houston Livestock Show and Rodeo George Strait Scholarship, which will be awarded annually, from 2013 forward, through the Show’s Educational Fund. Witt/Kieffer 7 Houston Livestock Show and Rodeo President & CEO RODEOHOUSTON RODEOHOUSTON committed more than $2 million to its contestants in 2013. The 2013 RODEOHOUSTON BP Super Series, an international, invitation-only rodeo, featured the world's top 40 cowboys and cowgirls in seven events With the entire purse provided by RODEOHOUSTON, and no entry fees required by the contestants, rodeo athletes competed for a share of $1.68 million in prize money, and each event champion walked away from Reliant Stadium with at least $50,000, a RODEOHOUSTON trophy saddle and a champion buckle. 2013 RODEOHOUSTON BP Super Series Champions, with total money earned, are: Tie-Down Roping: Fred Whitfield – Hockley, Texas – $57,200 Bareback Riding: Tom McFarland – Bowie, Texas – $54,200 Team Roping: Justin Davis / Clay Cooper – Madisonville, Texas / Gardnerville, Nev. – $108,400 Saddle Bronc Riding: Wade Sundell – Boxholm, Iowa – $62,500 Steer Wrestling: K.C. Jones – Decatur, Texas – $53,950 Barrel Racing: Nancy Hunter – Neola, Utah – $53,000 Bull Riding: JW Harris – Mullin, Texas – $56,300 The RODEOHOUSTON Super Shootout®: North America’s Champions presented by Crown Royal was held Saturday, March 9, 2013. This groundbreaking, invitation-only, one-day event featured champion athletes from 10 of the best rodeos in the United States and Canada. Contestants competed in Bareback Riding, Barrel Racing, Bull Riding and Saddle Bronc Riding. With a total purse of $200,000, the Super Shootout is the richest one-day rodeo event in the world. Each champion earned $25,000 and a champion buckle. 2013 champions of the RODEOHOUSTON Super Shootout, presented by Crown Royal, and the rodeos they represented, are: Bareback Riding: Casey Colletti, Cheyenne Frontier Days Barrel Racing: Mary Walker, Cheyenne Frontier Days Bull Riding: Wesley Silcox, Rodeo Austin Saddle Bronc Riding: Cody Wright, RODEOHOUSTON Super Shootout Team Award: Cheyenne Frontier Days Witt/Kieffer 8 Houston Livestock Show and Rodeo President & CEO HOUSTON LIVESTOCK SHOW™ This year’s livestock competitions and horse shows boasted 27,070 entries. Eight of the junior market and School Art auction Grand Champion and Reserve Grand Champion sales set new records. The prices for the top winners were (* indicates new world’s records): *Grand Champion Barrow, $200,000; *Reserve Grand Champion Barrow, $126,000 Grand Champion Pen of Broilers, $160,000; Reserve Grand Champion Pen of Broilers, $105,000 *Grand Champion Goat, $156,000; Reserve Grand Champion Goat, $100,000 *Grand Champion Lamb, $220,000; *Reserve Grand Champion Lamb, $136,000 Grand Champion Steer, $360,000; Reserve Grand Champion Steer, $210,000 Grand Champion Turkey, $110,000; *Reserve Grand Champion Turkey, $110,000 *Grand Champion Work of Art, $210,000; *Reserve Grand Champion Work of Art, $195,000 Junior auction sales totaled $9,993,721. The junior auction totals (unaudited preliminary totals that do not include cash contributions and some purchase commitment amounts) included: Steers: $3,175,000 Lamb and Goat: $2,017,071 Barrow: $1,504,150 Poultry: $1,556,900 School Art: $1,740,600 The Junior Commercial Steer Sale totaled $606,852. The Houston Livestock Show and Rodeo Champion Wine Auction brought in $1,582,000, including a Show record price of $215,000 for the Grand Champion Best of Show, and a Show record price of $205,000 for the Reserve Grand Champion Best of Show. The Ranching & Wildlife auction totaled $236,000. Online and Social Media Since Jan. 1, 2013, the Show’s social media outlets have seen significant growth in followers. - Facebook likes increased by 70,561, a 28.7 percent increase. - RODEOHOUSTON’s Twitter followers increased by 107.6 percent since Jan. 1, 2013, to currently more than 30,000. - The Harlem Shake dance video craze took the social media world by storm, and when RODEOHOUSTON created its own version, it, too, gave nation-wide exposure to the Show, with nearly 245,000 views in just two weeks. To watch, visit http://www.youtube.com/rodeohouston. Witt/Kieffer 9 Houston Livestock Show and Rodeo President & CEO 2013 Schedule of Events For a detailed Houston Livestock Show and Rodeo detailed schedule of events of the 2013 Show, please view via link: http://rodeohouston.com/portals/0/Downloads/2013DailySchedule_online.pdf 2013 RodeoHouston Entertainers Historical Attendance (* indicates record set) Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Witt/Kieffer Total Attendance 1,889,861 1,382,183 1,563,662 1,745,351 1,890,174 1,740,095 1,688,103 1,806,129 1,802,158 1,890,332 2,144,077 2,262,834 2,257,970 *2,506,238 Paid Rodeo Houston Attendance 1,101,478 1,031,570 1,091,955 1,215,913 1,126,092 1,127,239 1,115,558 1,176,436 1,206,551 1,182,128 1,264,074 1,255,323 1,283,419 *1,308,288 10 Houston Livestock Show and Rodeo President & CEO Houston, Texas The style-savvy residents of the country’s fourth-largest city and third-largest county (Harris) know that there’s no place quite like Houston. With more than 6 million residents in the eight -county Houston Metropolitan Marketing Area, the Metro attracts visitors and transplants with a wonderful mix of worldclass arts, booming business, pro sports and award-winning cuisine. Twenty-five companies on the Fortune 500 list call the Energy Capital of the World home. Aeronautic research is unsurpassed at NASA headquarters—the facility responsible for putting the first man on the moon—and Texas Medical Center remains the largest in the world with 47 highly lauded research and treatment institutions. Size / Population At 634 square miles, the City of Houston could contain the cities of New York, Washington, Boston, San Francisco, Seattle, Minneapolis and Miami. Houston, with 2.3 million residents, is the fourth most populous city in the United States, trailing only New York, Los Angeles and Chicago. Value Houston ranks first among U.S. cities where paychecks stretch the furthest, according to Forbes. Overall Culture Houston came in at No. 7 on The New York Times' list of the 46 Places to Go in 2013. Forbes named Houston the "Coolest City" in the country in 2012, citing factors such as the strong economy, dynamic arts scene and multiculturalism. Witt/Kieffer 11 Houston Livestock Show and Rodeo President & CEO Governance The Staff Overview - 90+ employees - 9 Divisions o Executive o Administrative & Tickets o Agricultural Exhibits o Exhibits & Attractions o Financial o Information Systems o Legal & Human Resources o Marketing & Public Relations o Operations The Volunteers The Houston Livestock Show and Rodeo™ would not be the well-run success that it is today without the vision, dedication, leadership and hard work of its volunteers. What began as a small group of people with a dream has developed into an event supported by the efforts of 28,000 volunteers. Serving on more than 100 different committees, these volunteers keep the Houston Livestock Show and Rodeo's mission alive. They commit their time and talents to support continuing education for the youth of Texas, plus share a passion for our Western heritage. What may be surprising to many is the diversity of volunteers that dedicate their time to this immense organization — people from Houston and hundreds of cities across Texas, people from outside of Texas, executives who run multimillion dollar companies, full-time students working on their education, people who are volunteering for the first time, and those that have been volunteering for decades. There are no boundaries for these dedicated volunteers. The efforts of the volunteers are most apparent during the Show when they are directing traffic, assisting exhibitors, providing hospitality, greeting guests, coordinating contests and more. But in a year's time, each volunteer donates an average of 67.7 hours of service to the Show. This includes year-round efforts such as raising money for scholarships, planning and organizing events, holding Go Texan contests, speaking to groups about the Show, working with auction buyers, setting up facilities and much more. The Executive Committee The purpose of the Executive Committee is to give guidance and authority to the officers and the managers of the Houston Livestock Show and Rodeo™ for the orderly operation and management of the Show as a civic and educational event. The committee also carries out the purposes and policies of the board of directors. The Houston Livestock Show and Rodeo Executive Committee is comprised of the current Show chairman of the board, all past presidents and board chairs, and at least five members elected from the board of directors, who may each serve up to nine, one-year terms. Witt/Kieffer 12 Houston Livestock Show and Rodeo President & CEO The Vice Presidents Each Houston Livestock Show and Rodeo™ Vice President is elected by the board of directors at its yearly meeting following the Show's annual meeting. These Vice Presidents are elected for one-year terms, serving no more than three successive years. Serving as officer in charge, each Vice President handles many committee assignments. In addition to serving as a Show representative, Vice Presidents provide vital leadership essential to keeping the Show vibrant and progressive. The Board of Directors The Houston Livestock Show and Rodeo™ Board of Directors is primarily responsible for the performance and operations of the Show. The Board also elects members of the Executive Committee, elects officers and has full authority in the purchase and sale of real estate related to the Show. Under the Show's bylaws, the Board of Directors is no less than 190 members nor more than 350 members selected from the Show's general membership, plus the Chairman of the Board, the President and the Vice Presidents. Should a vacancy on the Board occur at any time between annual meetings, the chairman of the board may appoint a qualified person to fill the unexpired term. Lifetime Board of Directors In accordance with the bylaws of the Houston Livestock Show and Rodeo™, a Lifetime Director is a member of the Board of Directors who has served the organization with distinction. The member is nominated as a Lifetime Director by the Nominating Committee and confirmed by a majority vote of the general membership at the annual meeting. Election as a Lifetime Director is a very special honor, reserved for those individuals who have shown a true dedication to the Show and its goals and purposes. Selection for this position represents years of hard work put into the Show. Witt/Kieffer 13 Houston Livestock Show and Rodeo President & CEO Chairman of the Board R.H. “Steve” Stevens Jr. On May 12, 2011, the Houston Livestock Show and Rodeo™ Board of Directors elected R.H. "Steve" Stevens Jr. as the Show's Chairman of the Board. Stevens' parents began taking him to the Show as a child, and he quickly developed a love of animals that has endured to this day. After joining the Show in 1975, Stevens volunteered briefly on the Beef Scramble Sponsors Committee, as the Calf Scramble Committee was called at the time, and the Steer Auction Committee, and he later served on numerous Horse Show committees as well as the Executive Committee's audit-budget committee. Stevens was elected to the Show's Board of Directors in 1992. In 1998, after completing three years as General Horse Show Chairman, he was elected a Vice President of the Show and served as Officer in charge of all 16 Horse Show committees, in addition to the Junior Horse Show Judging and Livery Team committees. Stevens has been a member of the Show's Executive Committee since 2005. Stevens’ family has strong ties to the Show. He and his wife, Kay, have two daughters; Courtney, a past chairman of the Junior Horse Show Committee, and Elizabeth, also is a member of the Junior Horse Show Committee. One of their son-in-laws, Jim Bob Taylor, is Chairman of the Breeders Greeters Committee. Their other son-in-law, Robert Becker, is a division Chairman on the World’s Championship Bar-B-Que Committee. Stevens is the Managing Partner at the accounting firm of Stevens & Matthews LLP, in Houston. Stevens has served on the Board of Directors of numerous organizations, both business and charitable. In 1999, then-Governor George W. Bush appointed Stevens to the board of regents of the Texas A&M University system, where he served as Chairman of the finance and audit committees and as a member of various other committees. Stevens also was a member of the Board of Directors of The University of Texas Investment Management Company, which is responsible for the investment of endowment funds of The University of Texas and Texas A&M University, and served as chairman of its audit and budget committee. In 2003, Stevens served as President of the American Quarter Horse Association, an organization with more than 350,000 members in the United States and worldwide. Witt/Kieffer 14 Houston Livestock Show and Rodeo President & CEO The Role of President & Chief Executive Officer THE ROLE OF THE POSITION In concert with the Chairman of the Board, the President and CEO is a chief strategist and communicator for the Houston Livestock Show and Rodeo. The person in this position is responsible for ensuring integrated, strategic, and consistent relations and development efforts and is a key liaison with donors and sponsors. The President and CEO has overall responsibility for the planning and direction of the organization and for the relationship management of all constituencies including the 28,000 volunteers, professional staff, partners, sponsors, vendors, government entities, and other stakeholders. OPPORTUNITIES AND EXPECTATIONS FOR LEADERSHIP Among the many opportunities the new President and CEO will have to be successful, the following represent some of those by which his or her performance will be evaluated during the first few years of his or her tenure. They are presented here in no particular order of importance. Understand and Promote HLSR’s Rodeo Culture The common thread that drives staff and volunteers alike is their love for the Show and the Rodeo Culture that encompasses it. The new President and CEO must embrace this culture organically and promote it in order to succeed. The success of this “entertainment machine” can be attributed to the commitment from its volunteer corps and staff to live the values and embody the spirit of the Show; this starts at the top. HLSR’s successful track record should be looked at (and acted on) as a springboard to the next level of success. Lead with authority, compassion and emotional intelligence The new President and CEO will be skilled at getting individuals, teams, and an entire organization to perform at a higher level and to embrace change. He or she negotiates skillfully to achieve a fair outcome or promote a common cause; communicates a compelling vision of the HLSR; is committed to what needs to be done; inspires others; builds motivated, high-performing teams and understands what motivates different people. He or she will learn the business, along with the organization and will understand what it takes to create and run a successful event. The new President and CEO is a person of high character; is consistent and acts in line with a clear and visible set of values and beliefs; deals and talks straight; leads by example and is direct and truthful but at the same time, keep confidences. He or she will build relationships with the Executive Committee, Board of Directors, staff and all key stakeholders in the organization. The President and CEO must be willing to put ego aside and be quick to help others, have and show empathy and sympathy, go out of his/her way for others, make time to listen, make allowances for those in trouble and know how to build long-term relationships. It would be expected that the new leader meet with as many individuals as possible to learn what makes the HLSR so successful and how to maintain that success. Witt/Kieffer 15 Houston Livestock Show and Rodeo President & CEO Possess communication expertise The President and CEO must be a masterful communicator and must have the agility to adjust his or her communication style to any audience. The pride of HLSR’s volunteer corps is unsurpassed. From the lead volunteer, the Chairman of the Board, to a parking attendant during the Show – each volunteer is of the utmost importance to the success of the organization. The President and CEO must demonstrate strong leadership through compassion and appreciation for the volunteers. As President and CEO, this leader will be expected to build relationships with HLSR partners, such as Harris County and the Houston Texans – two entities who share a common interest in the success of the Show. To get the most and best out of the staff and volunteer corps, the President and CEO must set and communicate guiding goals; measure accomplishments; hold people accountable; keep people informed; and provide coaching for today and for the future. The new President and CEO will understand the vision of the HLSR and will be able to communicate the vision throughout all parts of the organization, community and media. Be a visionary for revenue generation and growth For 80+ years, the HLSR has continued to grow on every level; revenue, giving, attendance and volunteer corps. Most of the challenges the organization has faced on a revenue level through the years can be attributed to economic downturns and challenges in the country. The President and CEO will be presented with the opportunity to look to the future and create a plan that gives the organization continued growth while staying relevant to an ever-evolving demographic. Opportunities for growth may include: • • • • Determining best use for the 48 acres of land next to Reliant Park, formerly AstroWorld, HSLR acquired at the end of 2012. Expanding event offerings throughout the year for Houstonians, for example, a summer festival. Expanding the capacity and utilization of Reliant Park for HLSR’s use during designated Tenant Event Days. Determining new ways to implement value-added up selling of existing inventory. Be a stable force of Leadership The bylaws of the HLSR govern that the role of Chairman will be elected for one term every three years. As such, there is a need for the new President and CEO to be a stable and constant leader as the term of the Chairperson changes. The role of the President and CEO will be critical to ensure the culture and “essence” of the HLSR is maintained regardless of individual change. Witt/Kieffer 16 Houston Livestock Show and Rodeo President & CEO The Role of President & Chief Executive Officer Official Job Description As defined in the current HLSR Bylaws: • The President shall serve as the Chief Executive Officer of the organization and report directly to the Executive Committee. The President shall be responsible for carrying out the mission and objectives of the organization in compliance with the Bylaws and policies adopted by the Board of Directors. • The President shall work closely with the Chairman of the Board in formulating policy recommendations to the Executive Committee and in representing the organization with its external constituencies. The President shall preside at all annual and special meetings of the membership and all regular and special meetings of the Board of Directors in the absence of the Chairman of the Board. • The President shall have the power to execute, or to supervise and authorize the execution on behalf of the organization, of any contracts, deeds, mortgages bonds or other instruments that the Executive Committee has authorized, generally or specifically, except in cases where the signing and execution thereof shall be expressly delegated by the Executive Committee, by these Bylaws or by statute to some other officer or agent of the organization; and in general, shall perform such other duties incident to the office of President and such other duties as may be prescribed by the Executive Committee from time to time. • The President shall represent the organization at any and all times when, at the President's discretion, it becomes necessary to do so, and shall carry out the rules, regulations, policies and plans of the Board of Directors. The President shall serve as an ex officio member of all committees. • The President shall supervise the Vice President-Chief Operating Officer in the administration and conduct of the organization's operations. • The President shall further appoint and supervise a General Counsel, Chief Financial Officer and Chief Information Officer in the administration and conduct of the organization's operations. • The President shall recommend the employment and compensation of the Vice PresidentChief Operating Officer, General Counsel, Chief Financial Officer, Chief Information Officer, and all of the salaried managers and staff personnel, subject to the approval of the Executive Committee. • The President shall appoint all volunteer committee members and committee chairmen, subject to the approval of the Chairman of the Board of Directors and shall coordinate and implement volunteer committee activities and operations. Witt/Kieffer 17 Houston Livestock Show and Rodeo President & CEO • Whenever the President may be incapacitated or otherwise unable to act as determined by a two-thirds vote of the Executive Committee, the Executive Committee shall name an acting President, who shall have all powers of the President while serving in the President's stead. • The President shall supervise the Show Officers (Vice Presidents), appointed by the Executive Committee. In addition to what is written in the bylaws, other duties include: • Plan and execute all aspects of the annual Houston Livestock Show and Rodeo, the largest event of its kind, with more than 28,000 volunteers, 107 committees, 91 fulltime staff members, more than 1,000 part time employees and attendance of 2.5 million people. • Develop relationships with corporate sponsors, junior auction buyers and scholarship donors that are critical to the Show’s success. • Implement policies and programs to motivate the volunteer force and to coordinate their efforts, as they are the single most important factor in continued growth and success. • Represent the Show in the media and with civic and governmental organizations. • Understand and react to rapidly changing audience demographics and understand and react to a continually morphing marketing and message delivery environment. • Lead the Show’s participation in Reliant Park building projects. Witt/Kieffer 18 Houston Livestock Show and Rodeo President & CEO Qualities and Qualifications The President and CEO of the Houston Livestock Show and Rodeo will demonstrate tangible evidence of leadership ability by: • • • • • • • • • • • Being involved, having a vision, serving the Houston Livestock Show and Rodeo stakeholders and providing mentorship to his or her team Effectively articulating and communicating the organization’s vision, mission and goals across a broad spectrum of stakeholders Exhibiting exceptional people skills, including treating all HLSR volunteers with respect Living with a high degree of integrity both in and outside the workplace Working with a high level of energy, serves as a positive example to staff and volunteers Leading by example and be willing to get in the trenches with the staff to solve problems. Having the ability to set realistic goals and do the job necessary to meet those goals Exhibiting high emotional awareness and being self-effacing Having the ability to work successfully at the Board Level and build long-term relationships Having experience and understanding working in and/or with the entertainment industry Exhibiting forward thinking and cutting edge understanding of ever changing industry trends, including social media The ideal candidate will also possess the following skills, experiences, and attributes: • • • • • • • • Tangible evidence of managing a successful and high-achieving organization A team orientation as a leader, with a track record for team building, accessibility, and the empowerment of staff Excellent volunteer management skills and experience, including especially substantive experience working with and for a private board Strategic planning experience and demonstrated expertise in the execution of strategic and operational plans Experience as a builder of programs, as an innovator, and as a talented assessor and risk taker A strong orientation toward an integrated program of external relations, particularly including experience partnering with an active volunteer corps An entrepreneurial approach characterized by creativity and a track record of innovation A Bachelor’s degree, with a Master’s or other graduate degree preferred Witt/Kieffer 19 Houston Livestock Show and Rodeo President & CEO Procedure for Candidacy Recruitment will continue until the position is filled. Nominations, expressions of interest, and applications (including cover letter and resume) should be submitted via email to: [email protected] For more information on the Houston Livestock Show and Rodeo, please visit: www.RodeoHouston.com Material that cannot be emailed may be sent to: President and Chief Executive Officer Houston Livestock Show and Rodeo c/o Witt/Kieffer Attn: Greg Santore and Jennifer Biehn 2015 Spring Road, Suite 510 Oak Brook, IL 60523 The Houston Livestock Show and Rodeo is an equal opportunity employer. The material presented in this position specification should be relied on for informational purposes only. This material has been copied, compiled, or quoted in part from Houston Livestock Show and Rodeo documents and personal interviews and is believed to be reliable. While every effort has been made to ensure the accuracy of this information, the original source documents and factual situations govern. Witt/Kieffer is the preeminent executive search firm that identifies outstanding leadership solutions for organizations committed to improving the quality of life. The firm’s values are infused with a passion for excellence, personalized service and integrity. Discover Thought Leadership at www.wittkieffer.com Witt/Kieffer 20