Empire challenges rumored NY franchise plan

[blackthroatedwind]

Originally Posted by SentToStud

I read this as total management change of NYRA moving forward.

Correct?

If correct, why?

This is not correct.

The board and management are two distinct entities. Without getting too deeply into it, the board ( 24 or 25 people I believe ) comes from different places, and one of these could probably be construed as " Pataki people " and almost certainly at least Spitzer wants these people out.

While some from the board will remain it seems likely that most will be replaced. Steve Duncker, who is chairman, is not one of those that would be replaced in my opinion. He certainly should not be.

[SentToStud]

Originally Posted by blackthroatedwind

This is not correct.

The board and management are two distinct entities. Without getting too deeply into it, the board ( 24 or 25 people I believe ) comes from different places, and one of these could probably be construed as " Pataki people " and almost certainly at least Spitzer wants these people out.

While some from the board will remain it seems likely that most will be replaced. Steve Duncker, who is chairman, is not one of those that would be replaced in my opinion. He certainly should not be.

Thank you.