The newest acquisition of IMG College, which bought Lexington's Host Communications in 2007, is leading to questions about the company's future in Lexington.
The sports marketing company announced last week that it is promoting Lexington-based Lawton Logan and moving him to Winston-Salem, N.C., home of the recently acquired ISP Sports and the new headquarters of IMG College. Logan will lead the company's newly established national college sales organization. IMG College's Lexington leader, Tom Stultz, is also moving to Winston-Salem.
Operations in both Lexington and Winston-Salem' deal in multimedia rights of colleges and universities, said Jim Gallagher, spokesman for IMG College, a division of IMG Worldwide.
There are more IMG employees in Winston-Salem than in Lexington.
In a story about IMG College this month, Street & Smith's SportsBusiness Journal wrote without citing sources that most of the executives in Lexington will move to Winston-Salem, and "the Lexington office is not expected to stay open."
Gallagher declined to discuss the publication's statement in detail other than to say that "while Winston-Salem will be the headquarters office for the IMG College division, we expect to maintain certain operations in Lexington."
IMG College has more than 700 employees in 75 offices across the country and annual sales of more than $400 million. It also has a large set of offices in Atlanta, where the company handles collegiate licensing.