Business
Resignation of Chief Executive Officer
Resignation of Chief Executive Officer.
About this update from Newbury Racecourse Plc
[{"type":"text","content":"\n\n\n \n \n9 August 2023\nNEWBURY RACECOURSE PLC\n(\"Newbury Racecourse\" or the \"Company\")\nDirector change\nThe Board of Newbury Racecourse PLC announces that Julian Thick will be stepping down as it's Chief Executive in the New Year. Julian has agreed to remain in post until 31 March 2024 to assist in the search for a successor and hand over his responsibilities.\n \nThe Company will now commence a search for a new Chief Executive as it continues into the next phase of its development.\n \nDominic Burke, Chairman of Newbury Racecourse, commented: \"On behalf of the Board, I would like thank Julian for his contribution to the Company over the last 10 years. Since joining as Chief Executive in 2013 Julian has led the Company with real purpose and helped the Racecourse navigate the considerable challenges of the racecourse infrastructure redevelopment and Covid. Under his direction we have built a world class racing facility and increased prize money available to owners. The Racecourse is in good financial health and we wish Julian well in the future.\"\n \nJulian Thick commented: \"It has been a privilege to lead the excellent team at Newbury Racecourse over the last 10 years. Together we have achieved a huge amount, the racecourse has been transformed and is now on a strong footing with a very positive future ahead of it. It is my intention to take some time out with my family next year before seeking a new challenge.\"\n \nFor further information please contact:\n \nNewbury Racecourse plc Tel: 01635 40015\nJulian Thick, Chief Executive\nMark Leigh, Finance Director\n \nAllenby Capital Limited &n...