Doug Cauthen is leaving his position as president and CEO of WinStar, the farm announced Tuesday. Elliott Walden, previously the vice president and racing manager for WinStar, will take over as president and CEO. The announcement comes weeks after Kenny Troutt bought out minority partner Bill Casner for the farm which won both the GI Kentucky Derby and GI Belmont this year. "Helping WinStar grow and succeed on all levels has been my number one mission for the past decade," Cauthen said in the statement. "WinStar gave me the experience of a lifetime, which only a limited number of horseman will ever know. Kenny and Bill afforded me the opportunity to know what makes a great racehorse, what makes a great stallion, and what makes a great farm. From having the experience of recruiting and developing a world class stallion roster to being involved with winning two legs of the Triple Crown this year, I wouldn't trade the last 10 years for anything in the world. It has been an invaluable experience. But life always changes and it's time to look towards the future to find new opportunities. I can imagine that my future might include helping new clients navigate this great industry--it would be wonderful for the whole industry if more people found greater levels of success."