Chris Kay out at NYRA

[TouchOfGrey]

story developing....

DRF | BREAKING: Chris Kay is no longer the CEO and president of NYRA

[freddymo]

Wish him nothing but the best in his next endeavor. Always seemed awkward in the position to my eye but what the heck do I know.

[Alabama Stakes]

Maybe the new boss will restore Saratoga to the non cash grab it used to be in the old days. What if the new boss is a young guy looking to attract young fans to replace the ones who are getting on in years ? What if the new boss is looking to shake things up over there ? What if the new guy is worse? Who are the faves for the big chair ? Maybe we get back to Dollar triples and other reasonable min bets.

Maybe hire Rick Hammerle for the job....

[TouchOfGrey]

Here we go...

According to multiple sources, however, the board asked for Kay’s resignation after it learned that Kay had used NYRA employees to do private work for him at the house he owns in Saratoga, considered a breach of company policy

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DRF | Kay out as NYRA president (UPDATED)

[ScottJ]

While I might be in the minority, I am very sorry to learn that the Board has accepted Kay's resignation. Kay had restored a sense of business order to NYRA and established a vision and path with others to build the frachise. An outsider in a closed world, hopefully he imparted some business management style into the team - which is how I saw him leading as a customer. If this resignation is over the usage of NYRA resources to work on Kay's Saratoga residence, that would be a crying shame on many fronts none the least of which would be the legacy of his good work in rebuilding the NYRA franchise.

[geeker2]

Originally Posted by Alabama Stakes

Maybe the new boss will restore Saratoga to the non cash grab it used to be in the old days. What if the new boss is a young guy looking to attract young fans to replace the ones who are getting on in years ? What if the new boss is looking to shake things up over there ? What if the new guy is worse? Who are the faves for the big chair ? Maybe we get back to Dollar triples and other reasonable min bets.

Maybe hire Steve Byk for the job....

FTFU

[ScottJ]

https://www.nyrainc.com/uploads/wysi...ics_2018_1.pdf

Conflicts of interest can arise if you accept any other employment that would impair your independence of judgment in the exercise of your duties or job(s) in the interest of New NYRA. Engaging in activities that involve services performed in direct competition with New NYRA or engaging in activities that affect your independence of judgment is not permitted. We should not use our affiliation and connection with New NYRA for our own personal benefit. Performing activities or services related to your professional or corporate specialty for any outside individual or company that does or wishes to do business with New NYRA must be approved pursuant to the procedures set forth in this Code of Ethics. Specifically, prior to accepting or engaging in any outside employment or activities, you should notify your immediate supervisor or the Ethics Compliance Officer for approval using the reporting procedures as set forth in the section hereof entitled Compliance with Code of Ethics.

[Alabama Stakes]

So is that the end of the story ? No explanation ?

[Alabama Stakes]

Just saw that NYRA is parting ways with the concessions people who've been doing it for the last 25 years. It could mean layoffs of 600 people. Let's hope the new guys hire the old workers. They said it was like almost 200 workers at Belmont .only 20 at aqueduct and the rest at Saratoga .