Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced Wednesday that Patrick Neely has been named President of Exacta Systems (“Exacta”), a leading provider of technology to support historical horse racing operations. In this role, he will be responsible for the overall strategy and operations of the newly acquired business unit which operates within the Company's TwinSpires segment.
Neely brings with him over 25 years of professional experience in law, advocacy and business development. Most recently, Neely served as the Chief Development Officer for Exacta, where he oversaw the businesses' government affairs and business development strategy. Neely has held numerous local and national political leadership positions and served as the Executive Director of the Kentucky Equine Education Project (KEEP). He holds a B.A. in Political Science from the University of Louisville and a Juris Doctor from Washington University School of Law.
“As CDI continues to lead in the Historical Horse Racing market, Patrick's wealth of experience and knowledge will be invaluable additions to our leadership team,” said Ben Murr, SVP of CDI & President of TwinSpires and Online Gaming. “We look forward to continuing to grow this business with Patrick and the Exacta team.”
“As a founding member of Exacta, I'm thrilled for this opportunity to lead,” said Neely. “I look forward to delivering operational improvements to CDI and continuing to service Exacta's growing portfolio of third-party HHR operators in New Hampshire, Kentucky, Virginia and Wyoming.”
Neely's promotion is effective immediately.
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