A new CEO will be appointed to lead the State’s peak racing regulator, Racing Victoria, following the resignation of CEO Andrew Jones.
Mr Jones said the timing of his resignation aligned with the imminent appointment of a refreshed Board led by a new Chair.
“Having served under two Chairmen, my resignation makes way for the new Chair and Board to select a new CEO to take Racing Victoria forward into the future,” Mr Jones said.
“I came to the role with a clear view on the challenges facing the industry, and I leave knowing I left nothing on the table.
“I thank my team at RV for their enormous efforts over the past two years which include the delivery of more than $2b in future funding for racing, an improved schedule, a dedicated media business to grow the sport, world class equine welfare policies, increased support for jockeys and trainers, and the first significant club merger in decades.
“Growing the fanbase of this fantastic sport remains the number one challenge to secure its future sustainability, and I wish Racing Victoria every success under its new leadership.”
Racing Victoria Acting Chairman, Mike Hirst, thanked Mr Jones for the passion and commitment he brought to the role.
“Andrew brought fresh eyes and ideas to our industry, and on behalf of the Board I acknowledge the significant contribution he has made,” Mr Hirst said.
“He challenged the industry to be more ambitious, and to rethink everything from programming and prizemoney distribution, to growing the fanbase and participant and equine welfare.
“In the face of a declining wagering environment, his leadership has been instrumental in sustaining an industry which supports more than 25,000 jobs across the State.
“As the outgoing Chairman I join Andrew in wishing the Board, under a new Chair, and a new CEO every success.”
RV COO Aaron Morrison will transition to be Interim CEO in the near term.