Doug Cauthen out at WinStar

[second_glance]

From TDN:

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."

[TBird]

Wow.

(Isn't that the same thing I said 2 weeks ago about Bill Casner?)

Wonder what I'll be wow-ing about 2 week from now with regard to WinStar. The times they are a changin'.

[second_glance]

Wow.

(Isn't that the same thing I said 2 weeks ago about Bill Casner?)

Wonder what I'll be wow-ing about 2 week from now with regard to WinStar. The times they are a changin'.

Heh. As per the TT story: According to a WinStar press release, as internal discussions regarding the future of the farm evolved, Cauthen determined it was time to step down and pursue new opportunities within the industry.

Which, perhaps unfairly, I interpret to mean Troutt said, "My show, and my show only."

[FlowerEssence]

I follow quite a number of Winstar horses, but today was the first time I received a workout notice where the horse worked at "Winstar Training Center".

Things are sure changing around there.

[wooley85]

Heh. As per the TT story: According to a WinStar press release, as internal discussions regarding the future of the farm evolved, Cauthen determined it was time to step down and pursue new opportunities within the industry.

Which, perhaps unfairly, I interpret to mean Troutt said, "My show, and my show only."

Think you are correct.

Maybe a power struggle between the two former partners, and Cauthen may have been "Casner's guy"

[second_glance]

Think you are correct.

Maybe a power struggle between the two former partners, and Cauthen may have been "Casner's guy"

Don't know. But it's very interesting they didn't even try to spin the press release to say something like Doug had been thinking for some time about starting his own venture or taking on new projects, or some of the other boilerplate usually trotted out in these situations.

[LasOlas]

Doug's been with the farm since the Prestonwood days, and sometimes you find yourself in a rut. He has some new changes in his life and maybe it's time for him to move on and the ownership change provided the opportunity.

[ComicalCat]

Doug's always been Casner's man while Elliot has been Troutt's man. With Casner gone, Doug would likely be quickly relegated to an afterthought. Time is right to get out and find someplace else to hang his hat before things get nasty.

[Hermes]

Or maybe Doug is Art Preston's man