Following an extensive search process, Racing SA has announced that Nick Bawden will take on the role of Chief Executive Officer starting February 1, 2025.
Racing SA Chairman Rob Rorrison expressed the board’s enthusiasm for Bawden’s promotion, highlighting his significant contributions as a key member of the management team. Rorrison noted that Bawden had played a pivotal role in advancing the organization’s strategic objectives and achieving several milestones over the past year. These include:
- Negotiating a seven-year industry-wide wagering sponsorship with SportsBet, securing $1 million in prizemoney for Group 1 races.
- Implementing a horse population growth strategy that has positioned South Australia as Australia’s top-ranked state for field size, a critical factor for financial sustainability.
- Collaborating with racing clubs to create a 10-year infrastructure plan and securing additional funding for vital industry projects.
- Finalizing a media rights deal with Racing.com, ensuring that South Australian racing receives nationwide and global exposure.
Rorrison also remarked that the search reaffirmed the Australian racing community’s recognition of Racing SA as a robust and well-managed organization. Stakeholders have expressed strong support for Bawden’s appointment, viewing him as an individual well-prepared to lead the organization into the future. The decision to promote from within reflects Racing SA’s commitment to continuity and leveraging proven talent to sustain progress.
Bawden shared his enthusiasm for the new role, expressing a desire to build on the achievements of his predecessor, Vaughn Lynch. He outlined a vision focused on enhancing South Australia’s racing community by increasing its appeal across various forms of participation, from volunteering and ownership to wagering and training. He emphasized the importance of thoroughbred racing to the state’s culture, heritage, and economy and conveyed a commitment to fostering a sustainable and inclusive future for the industry.
Have you read?
Countries Most in Debt to the International Monetary Fund (IMF).
Most Successful Unicorn Startups.
$100 Billion Club: Richest People With The 12-Figure Fortunes.
Largest electricity consumers in the world, by country (in terawatt-hours).
Countries that Export the Most Goods and Services.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz