Optimism was evident May 28 as the board of directors of the New York Racing Association heard Chris Kay, president and CEO, detail several improvements customers can expect on what could be an historic Belmont Stakes day.
The New York Racing Association is at some unknown date losing its board chairman as it looks in the next year or so to move from a state-run entity back to a privately held corporation.
While Belmont Park and Saratoga Race Course were topics at the meeting, conversations about nearly every major issue facing NYRA will be affected by what happens to Aqueduct Racetrack.
The board of the New York Racing Association met for the first time a year ago, but it wasn't until its eighth meeting Dec. 4 that its members offered significant disagreement to a proposal made by chair David Skorton.
The New York Racing Association Oct. 20 confirmed the widely reported hiring of Martin Panza as senior vice president of racing operations.
Christopher Kay was named president and CEO of the New York Racing Association following unanimous approval by its board of directors at a meeting June 18. The appointment is effective July 1.
The New York Racing Association board of directors met June 10, partly in closed session, but said afterward no decision had been made on selecting a chief executive officer to lead the organization.
The New York Racing Association board of directors, at a meeting late in the afternoon of April 29, appointed an interim management team to run the corporation's racetracks until a new chief executive officer is hired.
Six weeks after the official start of the search for a chief executive officer for the New York Racing Association, chairman David Skorton indicated that the board is not close to naming Ellen McClain's successor.
Installing a synthetic surface for the inner track at Aqueduct Racetrack for the 2013-14 winter season is among the changes to NYRA policies and operations that will be considered by the board at its Jan. 25 meeting.
A new state-controlled board of directors at the New York Racing Association held its first meeting Dec. 12, bringing the long-embattled racetrack operator to a new and uncertain place in its history that dates back to 1955.
The board is expected to adopt a new code of ethics for board members and employees and put in place legal requirements regarding disclosure of outside business activities by board members.
Long accustomed to holding board meetings in secret, the New York Racing Association will cease the closed-door practice and follow the state's open meetings law by making the gatherings open to the public.
The New York Racing Association is now the nation's largest state-controlled racing entity, paving a new and highly uncertain future for the not-for-profit corporation that has seen its highs and lows.
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