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By Ray Paulick - The revolving door at Magna didn't start with Neuman. Since Stronach formed Magna Entertainment in February 2000, there have been six CEOs.
Tuesday, July 03, 2007Michael Neuman, who was hired in late February as the chief executive officer of Magna Entertainment Corp., is leaving the company, it was announced June 22.
Friday, June 22, 2007Trying to undo the negative fallout over comments by his company's new CEO, Magna Entertainment founder Frank Stronach pledged $24 million for installation of synthetic racing surfaces at Santa Anita Park and Golden Gate Fields as well as much needed refurbishing of the Santa Anita barn area.
Tuesday, June 19, 2007Magna Entertainment Corp. is willing to spend tens of millions for its upscale commercial development, The Shops at Santa Anita, in the track parking lot, but nothing to fix up the dilapidated barn area, the California Horse Racing Board learned during its meeting in Sacramento May 22.
Tuesday, May 22, 2007Officials with Magna Entertainment spent a good deal of time May 9 highlighting the company's continued attack on staggering debt, and how it will correct an admittedly disappointing start for the slots operations at Gulfstream Park.
Wednesday, May 09, 2007TVG has a new distribution agreement with DIRECTV that will make the network available to an additional eight million subscribers of the satellite service.
Tuesday, May 01, 2007Amid news of improvement on operating losses and increased revenues, officials with Magna Entertainment also said during an earnings conference call March 5 that selling off prominent training centers in both California and Florida was within the realm of possibility.
Monday, March 05, 2007Magna Entertainment has named Drew Shubeck president and general manager of Lone Star Park at Grand Prairie. In addition, G.W. Hail and Paula Newman have been promoted to vice-president and assistant general manager.
Thursday, March 01, 2007Michael Neuman was named Magna Entertainment's new chief executive officer and Charlie J. Williams was appointed to the company's board of directors, it was announced Feb. 27.
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