Photograph: WinStar Farm / John Siegel
In a transition plan for the long run, WinStar Farms introduced Wednesday that Jerry Duffy will return as president, efficient April 1. Elliott Walden will stay CEO till October 1st, and Duffy will turn out to be CEO and president efficient October 1st.
“I’ve had the pleasure of working for (WinStar proprietor) Kenny Trout for the previous 25 years,” mentioned Elliott Walden. “Below his visionary management, we now have received the Triple Crown, two Kentucky Derbies, three Belmont Stakes, 5 Breeders’ Cups, and 4 Eclipse Awards. Kenny has nice instincts, and collectively we now have constructed a group with a wealth of expertise. The success we now have achieved has been a collaborative effort, and I’ve completely loved my time supporting Kenny’s imaginative and prescient.”
“Timing is all the pieces in a change this huge,” Walden added. “Early final 12 months, I knowledgeable the Trout household of my plans to step down. 5 years in the past, I wrote in my diary my first alternative for WinStar’s subsequent CEO. His identify was Jerry Duffy. I could not be extra happy that he accepted the position. I look ahead to supporting Jerry, David (Hanley) and your entire group throughout this transition and into the long run.”
Relating to WinStar’s management transition and long-term imaginative and prescient, Mr. Trout expressed his gratitude to Walden and the group and expressed optimism for the years forward.
“I’m so grateful to the WinStar group and what they’ve executed to my household,” Trout mentioned. “We now have had nice success through the years, however we’re simply getting began. I look ahead to retaining this farm within the household for a few years to come back. I thank Elliott for his management over the previous 25 years and look ahead to the following chapter for WinStar.”
Recognizing the sturdy basis already in place, Duffy expressed his pleasure for the partnership and respect for the lasting affect the Trout household continues to have on the business.
“Kenny’s imaginative and prescient has at all times been the driving pressure behind WinStar,” Duffy mentioned. “He calls us to ‘dream huge,’ and we’ll proceed to try this.”
Reflecting on an essential and profitable tenure, Walden, who continues to be concerned with WinStar in a consulting capability, shared his ideas on the farm’s evolution and the intense path forward.
“I’m pleased with the milestones we achieved,” Walden mentioned. “The trophy is a logo of the dedication and laborious work that your entire WinStar group has put in through the years. I’ll eternally be pleased about the relationships we now have constructed, the lives we now have modified, and the contributions we now have made to the beginning of our careers. There’s at all times a component of uncertainty on the finish of each season, however one factor I’m sure of is that WinStar Farm The long run could not be brighter. For me, I am excited in regards to the subsequent chapter in my life. “I am at a stage in my profession the place I need to use my abilities, data and expertise in different methods, and I am trying ahead to seeing what occurs subsequent.”
This transfer is the following step in persevering with to assist Preston Trout, who’s taking part in a bigger position on the farm alongside his father, Kenny. The senior management group consists of: Duffy, CEO and President. David Hanley, senior vp of blood shares, will proceed to play a key position in blood inventory selections. Dr. Natanya Nieman, Basic Supervisor. and Michael Holmes, CFO.
Duffy started his profession in designated gross sales at Darley America. Duffy first joined the WinStar group in 2011 and spent two years as Stallion Season Director. Nonetheless, his native Eire welcomed him and he was employed as Godolphin’s common supervisor. Returning to Kentucky in 2018, Duffy assumed the position of farm supervisor for Stonerside Farm and Raceland Farm, the place he targeted on growing equestrian life-style communities, previous to his most up-to-date position as CEO of Modon Equestrian in Abu Dhabi.
“What my dad, Elliott, and your entire WinStar group have constructed over the previous 25 years is actually wonderful,” Preston Trout mentioned. “Elliott’s management has positioned WinStar as one of many main companies within the business, and we’re deeply grateful for his contributions. I’ve nice confidence in what lies forward as Jerry steps into an expanded management position. With the group we now have in place and the energy of our present roster, WinStar is extraordinarily nicely positioned for the long run. I could not be extra enthusiastic about what the following 25 years have in retailer.”
