The Board of Newbury Racecourse PLC today announces that Sarah Hordern has resigned as a Director from the Board with immediate effect. She held the position of Joint Managing Director for six years and prior to that was Finance Director of the Company for five years.The Board is pleased to announce the appointment of Claire Spencer as Finance Director. Claire was previously Group Financial Controller at the Racecourse and has worked at for the Company for three years. She takes up the role with immediate effect.Sarah will conduct a handover period of current duties as well as acting as a consultant to the Racecourse property redevelopment division until 11 April 2014.
Chairman Dominic Burke commented:
“On behalf of the Board, we would like to thank Sarah for her significant contribution to the Racecourse over the past 15 years. We are extremely grateful for the key role she has played in ensuring the successful management of the Company, especially its vital property redevelopment and recent resolving of the shareholder base, which ensure its long term future. We wish her every success for the future. We welcome Claire to the Board and look forward to continuing to work with her during this important period for the Racecourse.”
For further information, please contact:
Tel: 020 7796 4133
Michael Sandler/ Charlie Jack/ Katie Matthews