Racehorse owner Conor Grant will be the new Chairman of Racecourse Media Group (RMG), replacing Roger Lewis. Grant will initially join as an RMG Non-Executive Director on Apr. 1, and then become Chairman of RMG on Oct. 1.
Grant has 24 years of experience in the UK and Irish gambling sector, including 14 years in senior executive roles. He was most recently CEO of Flutter UK & Ireland, and, prior to that, was Chief Operating Officer of Sky Betting & Gaming.
The umbrella organisation for 35 British racecourses and the parent company of Racing TV, RMG is owned 100% by its racecourse shareholders and pays 100% of operating profit back to racecourses. In 2021, the shareholders were paid £110 million, and that figure will be exceeded for the media and data revenues generated in 2022.
Grant said, “I am delighted to be joining Racecourse Media Group at such an exciting time for the business and the broader racing industry. RMG has delivered outstanding results for its shareholders in recent years, and I would like to pay tribute to Roger who has done a fantastic job, along with CEO Martin Stevenson, in growing and developing the business. I look forward to working with the RMG team and continuing to deliver for all of our racecourses.”
Nevin Truesdale, CEO of The Jockey Club and Non-Executive Director on the RMG Board, said, “I am delighted to welcome Conor to the RMG Board and to be working with him as we further develop the business for the benefit of its shareholder racecourses. Conor brings significant and in-depth expertise to the industry, acquired over a long period of time, and this will help shape our strategies and address the challenges we are facing.”
Originally due to step down in 2022, Lewis was asked by the RMG Board to stay on through the transition. Independent Non-Executive Director Andy Anson will also be stepping down in April.
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