LIVE: Pres. Trump awards the Medal of Honor to retired US Army Captain Gary Rose

NASCAR promotes Brent Dewar, names him president

BRISTOL, TN - MARCH 15: View of the NASCAR logo during practice for the NASCAR Sprint Cup Series Food City 500 at Bristol Motor Speedway on March 15, 2014 in Bristol, Tennessee. (Photo by Jerry Markland/Getty Images)

DAYTONA BEACH, Fla. β€” NASCAR has promoted Brent Dewar from chief operating officer to president.

Under the move announced Thursday, Dewar becomes the fourth person ever to hold the title of NASCAR president.

Dewar joined NASCAR as a chief operating officer in 2014. NASCAR chairman and CEO Brian France said in a statement that Dewar “has helped lead a cultural transformation of NASCAR” and has “spearheaded some of the most impactful enhancements NASCAR has implemented in its history.”

Dewar will continue to serve on the NASCAR board of directors in his new role.

Before joining NASCAR, Dewar spent three decades as a global automotive executive.