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Churchill Downs Incorporated Announces Robert L. Fealy Retires From Company’s Board of Directors

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Churchill Downs Incorporated (CDI) announced the retirement of Robert L. Fealy from its Board of Directors on July 23, 2024. Bill Carstanjen, CDI's President and CEO, expressed gratitude for Fealy's long-term service, highlighting his perspective, insight, and dedication to the company. Carstanjen also personally thanked Fealy for his friendship and wisdom over their years of collaboration.

This change in the board composition marks a significant moment for CDI, potentially impacting the company's future strategic decisions. The departure of a long-serving board member often leads to a shift in dynamics and could bring new perspectives to the company's governance.

Churchill Downs Incorporated (CDI) ha annunciato il ritiro di Robert L. Fealy dal suo Consiglio di Amministrazione il 23 luglio 2024. Bill Carstanjen, Presidente e CEO di CDI, ha espresso gratitudine per il lungo servizio di Fealy, evidenziando la sua prospettiva, intuizione e dedizione all'azienda. Carstanjen ha anche ringraziato personalmente Fealy per la sua amicizia e saggezza durante gli anni di collaborazione.

Questo cambiamento nella composizione del consiglio segna un momento significativo per CDI, con potenziali ripercussioni sulle future decisioni strategiche dell'azienda. La partenza di un membro del consiglio con lunga carriera tende spesso a portare a un cambiamento nelle dinamiche e potrebbe portare nuove prospettive alla governance dell'azienda.

Churchill Downs Incorporated (CDI) anunció la jubilación de Robert L. Fealy de su Junta Directiva el 23 de julio de 2024. Bill Carstanjen, Presidente y CEO de CDI, expresó su agradecimiento por el servicio prolongado de Fealy, destacando su perspectiva, intuición y dedicación a la empresa. Carstanjen también agradeció personalmente a Fealy por su amistad y sabiduría a lo largo de sus años de colaboración.

Este cambio en la composición de la junta marca un momento significativo para CDI, con un posible impacto en las futuras decisiones estratégicas de la empresa. La salida de un miembro de la junta con larga trayectoria a menudo conduce a un cambio en las dinámicas y podría aportar nuevas perspectivas a la gobernanza de la empresa.

처칠 다운스 주식회사(CDI)는 2024년 7월 23일 로버트 L. 필리의 이사회 퇴임을 발표했습니다. 빌 카르스탄젠, CDI의 회장 겸 CEO는 필리의 장기 복무에 감사의 뜻을 전하며 그의 관점, 통찰력 및 헌신을 강조했습니다. 카르스탄젠은 또한 수년간의 협력에 대해 개인적으로 필리에게 친구이자 지혜자로서 감사의 말을 전했습니다.

이사회의 구성 변화는 CDI에 중요한 순간을 나타내며, 회사의 미래 전략적 결정에 영향을 미칠 수 있습니다. 오랫동안 재직한 이사의 퇴임은 종종 역학의 변화를 가져오며, 회사의 거버넌스에 새로운 관점을 가져올 수 있습니다.

Churchill Downs Incorporated (CDI) a annoncé le départ à la retraite de Robert L. Fealy de son Conseil d'Administration le 23 juillet 2024. Bill Carstanjen, Président et CEO de CDI, a exprimé sa gratitude pour le long service de Fealy, soulignant sa perspective, son insight et sa dévotion à l'entreprise. Carstanjen a également remercié personnellement Fealy pour son amitié et sa sagesse au cours de leurs années de collaboration.

Ce changement dans la composition du conseil représente un moment significatif pour CDI, pouvant avoir un impact sur les futures décisions stratégiques de l'entreprise. Le départ d'un membre du conseil ayant longtemps servi entraîne souvent un changement de dynamique et pourrait apporter de nouvelles perspectives à la gouvernance de l'entreprise.

Churchill Downs Incorporated (CDI) gab am 23. Juli 2024 die Rücktritt von Robert L. Fealy aus dem Vorstand bekannt. Bill Carstanjen, Präsident und CEO von CDI, drückte seine Dankbarkeit für Fealys langjährige Dienstzeit aus und hob dessen Perspektive, Einsicht und Engagement für das Unternehmen hervor. Carstanjen dankte Fealy auch persönlich für seine Freundschaft und Weisheit in den vielen gemeinsamen Jahren.

Diese Veränderung in der Zusammensetzung des Vorstands markiert einen bedeutenden Moment für CDI und könnte die zukünftigen strategischen Entscheidungen des Unternehmens beeinflussen. Der Austritt eines langjährigen Vorstandsmitglieds führt oft zu einer Verschiebung der Dynamik und könnte neue Perspektiven in die Unternehmensführung bringen.

Positive
  • Long-term board member indicates stability and experience in governance
  • Opportunity for fresh perspectives with potential new board appointment
Negative
  • Loss of experienced board member could impact decision-making processes
  • Potential gap in specific expertise or industry knowledge

LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “Company”) announced today that Robert L. Fealy retired from CDI’s Board of Directors on July 23, 2024.

"We are grateful for Bob’s long-term exemplary service as a board member of Churchill Downs Incorporated,” said Bill Carstanjen, CDI's President and Chief Executive Officer. "We will miss his perspective, insight, and dedication to our Company. I want to also personally thank him for his friendship and wisdom over the many years we have worked together.”

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com/

Investor Contact: Sam Ullrich
(502) 638-3906
Sam.Ullrich@kyderby.com


FAQ

When did Robert L. Fealy retire from Churchill Downs Incorporated's Board of Directors?

Robert L. Fealy retired from Churchill Downs Incorporated's Board of Directors on July 23, 2024.

Who announced Robert L. Fealy's retirement from Churchill Downs Incorporated (CHDN)?

Bill Carstanjen, Churchill Downs Incorporated's President and Chief Executive Officer, announced Robert L. Fealy's retirement from the company's Board of Directors.

What qualities did Churchill Downs Incorporated (CHDN) highlight about Robert L. Fealy's service?

Churchill Downs Incorporated highlighted Robert L. Fealy's perspective, insight, dedication, and long-term exemplary service as a board member.

How might Robert L. Fealy's retirement affect Churchill Downs Incorporated (CHDN)?

Fealy's retirement could impact CDI's board dynamics, potentially leading to changes in strategic decision-making and governance. It also creates an opportunity for new perspectives with a potential new board appointment.

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