Racing Victoria CEO Giles Thompson resigns

Giles Thompson has announced that he has resigned as CEO of Racing Victoria, a position he has held for some five years.

Thompson’s media release reads,

“It has been my privilege to lead this industry for more than five years during what has been an incredible period of growth. I am particularly proud of the record $280m of prizemoney and bonuses now on offer for hardworking participants who are the lifeblood of our sport,” Thompson said.

“With the customer at the centre of everything we do, we have been able to drive great outcomes, from the exceptional quality of our racing program, participants and athletes, to our world class infrastructure and facilities.

“While it will continue to evolve, the Victorian Spring Racing Carnival remains one of the world’s greatest racing events with 21 Group One races, $110m in prizemoney and top-quality racing on some of the best race tracks in the world.

“Having finalised the establishment of the integrated media business and successfully navigated the industry through the peak challenges of the global pandemic, the time is right to hand over to a new CEO to lead the industry into its next phase.”

Thompson’s tenure as CEO of Racing Victoria will end on June 30 as he will help oversee the transition to new leadership in his remaining months in the role.