During a post-fight press conference following Cage Rage 25 last Saturday night in London, EliteXC Live Events President Gary Shaw revealed that an announcement concerning a change with parent company ProElite’s Chief Executive Officer was about to be made by the company.
According to a recent SEC filing obtained by FiveOuncesOfPain.com (www.FiveOuncesOfPain.com) through ProElite’s corporate website, former Youbet.com CEO Charles Champion has been named ProElite’s new chief executive, replacing former CEO Doug DeLuca. DeLuca has been elevated to the position of Executive Chairman of the company’s Board of Directors and also its Chief Strategy Officer.
Champion, 53, began working with Youbet as its President in March of 2002 and was elevated to the position of CEO in December of that same year. He added the responsibilities of Chief Operating Officer in August of 2005. He resigned from the company on November 28, 2007.