2003: IMG’s McCormack suffers cardiac arrest
Monday, November 7, 2011
Out of respect for family privacy, the sports management conglomerate IMG had released little information as of Jan. 20 about the condition of company founder Mark McCormack, who went into cardiac arrest six days earlier.
McCormack, 72, was stricken in New York, while being treated by a dermatologist for a skin condition. He then lapsed into a coma. IMG’s Web site reported Jan. 16 that McCormack’s condition had “stabilized.”
The Web site reported that McCormack’s family was with him at an undisclosed New York hospital. He is married to the former tennis star Betsy Nagelsen. Three of McCormack’s children by his first marriage work for IMG. Son Breck runs IMG’s Hong Kong office; son Todd heads the company’s Boston-based TWI Interactive unit; and daughter Leslie works in IMG’s London office. McCormack and Nagelsen have an elementary-school age daughter, Maggie.
Bob Kain, president and COO of IMG North and South America, and Alastair Johnston, president and COO of IMG International, will continue to oversee day-to-day operations of the Cleveland-based company.
McCormack formed IMG in 1960, after signing Arnold Palmer as his first client. The company now employees more than 3,000 people in 85 offices in 33 countries, representing athletes, artists, entertainers and corporate clients. Tiger Woods tops a list of more than 100 golfers in IMG’s stable, including Annika Sorenstam, Sergio Garcia, Karrie Webb, Colin Montgomerie, Se Ri Pak and Retief Goosen. IMG promotes 176 golf events worldwide, with combined purses exceeding $92 million. It oversees the Official World Golf Ranking and has partnered in the development of more than 280 courses worldwide.
– Staff reports