The Board of the Racing Association is delighted to announce the appointment of Natalie Turner to the role of CEO with immediate effect.
As informed in a previous communication, we suspended the recruitment process during the temporary closure of racing, which in turn led to Phumelela moving into business rescue.
With the resumption of horseracing and the injection of funding into Phumelela by Mary Oppenheimer Daughters (MOD) we decided to finalize the process.
Numerous applications were received and narrowed down to eight candidates all of whom were interviewed.
It was further narrowed down to two and Natalie stood out as the best person for the job. She joined the RA after completing her articles and holds a B. Com degree in Financial Accounting.
She currently manages Finance, HR and Administration. In addition, she oversees the transformation projects of The Thoroughbred Horse Racing Trust.
In the absence of a CEO she has impressed the Board with her business acumen and strong work ethic.
In the interest of transparency, the Board has agreed a package which includes an annual incentive bonus subject to the achievement of various objectives documented in her performance contract.
The performance contract will be agreed by the Board before the end of July and be posted on the RA website for members to access.
Acting Chairman Brian Riley wote that he trusted the industry would join him in congratulating Natalie and wishing her every success in her efforts to protect the interests of horseracing and improve the enjoyment experience for members.
