Bill Hancock, the Executive Director of the group that will oversee the new college football playoff and national championship game, announced today that Reid Sigmon will be the group's Chief Financial Officer. Sigmon is currently Senior Associate Athletic Director and Chief Operating Officer for the Kansas State University Athletic Department, where among other duties he manages the department's day-to-day operations, including finance, and contractual and legal matters. He also is K-State Athletics' liaison with the University Counsel and the Vice-President for Administration and Finance office.
He also oversaw a multi-million dollar budget and financial operations as Executive Director of the Host Committee for Super Bowl XLIII.
Sigmon has served in top financial and management positions at three Super Bowls (XLIII , XXXIX, and XXXV), as Director of Stadium Development and Event Operations for the Cleveland Browns, and as Assistant Director for the Tampa Bay Organizing Committee for the 1999 NCAA Division I Men's Final Four in St. Petersburg, Florida. He is a graduate of Wake Forest University (where he was a varsity football player), and holds a Masters of Business Administration from the University of Florida.
"The new playoff will be a world-class event, and we're delighted that a world-class manager like Reid Sigmon will be helping to bring it together," said Hancock. "His business acumen, coupled with his vast experience in event- and stadium-management, gives him the perfect background to achieve our vision. Reid is widely respected because of his personality, work ethic and attention to detail, and we welcome him to the staff."
"I've been fortunate to have worked at some of the highest levels in sports, and want to thank K-State for the incredible opportunity to be a part of such a special family these past four years," said Reid Sigmon. "I am looking forward to this special chance to work with Mr. Hancock and his staff developing one of the greatest innovations to college football in decades. I'm anxious to get started and very excited to make the college football playoff a world-class experience for everyone involved."
As Chief Financial Officer, Sigmon will join BCS Executive Director Bill Hancock and Chief Operating Officer Michael Kelly at the group's new headquarters. Hancock will oversee a small staff that will have operational responsibility for putting on the championship game and running the new playoff.
"While Reid's daily presence will be missed dearly, the entire K-State Athletics family is very proud and excited for him to have this transformational opportunity," said Kansas State Athletics Director John Currie. "One cannot overestimate the impact of Reid on the growth and development of the Kansas State athletics program from fiscal and organization turmoil and a forecasted $2 million operating deficit four years ago to one now recognized nationally as a model of fiscal stability with a $59 million budget this year along with $100 million in ongoing athletic facility upgrades. Having led our department and university planning and logistics efforts in three consecutive bowl trips under Coach Snyder, including most recently the 2013 Fiesta and 2012 Cotton Bowl Reid will bring valuable on-campus perspective into what makes a post-season experience special for student-athletes, coaches and institutional fans. Reid is the perfect CFO for the playoff and brings credibility and common-sense to the new era of post-season football."
About the Bowl Championship Series
The BCS is a five-game arrangement for post-season college football that is managed by the 11 Bowl Subdivision conferences and independent institutions. Its purpose is to match the two top-ranked teams in a national championship game and to create competitive match-ups in the four other BCS bowl games. For more information, visit http://www.bcsfootball.org.