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Racing Victoria chief makes shock resignation

Racing Victoria chief makes shock resignation

Racing Victoria chief executive officer Andrew Jones has resigned.

Jones made the decision to stand down ahead of Gillon McLachlan’s expected announcement as the new Racing Victoria Board’s chairman in coming weeks.

In an email to RV staff on Friday, and seen by this masthead, Jones wrote to say that he “wanted to let you know before it becomes public this morning that I have resigned as RV CEO”.

“It is important the new chair and board get to pick their own CEO, so it’s the right time to move on,” Jones wrote.

 

 


Jones and Racing Victoria have been contacted for comment. RV’s chief operating officer Aaron Morrison will act as interim CEO.

“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,” Jones said in a Racing Victoria statement announcing his departure on Friday morning.

“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 fan base of this fantastic sport remains the No.1 challenge to secure its future sustainability, and I wish Racing Victoria every success under its new leadership.”

Mike Hirst, RV’s acting chairman, said Jones had brought fresh eyes and views during his tenure.

“He challenged the industry to be more ambitious, and to rethink everything from programming and prizemoney distribution, to growing the fan base 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.”

More to come