Overview & Structure
New Zealand Thoroughbred Racing Inc (NZTR) is the governing body of the thoroughbred code in New Zealand. Essentially it supplies the thoroughbred product for wagering and sporting customers and is ‘captain of the team’ for the thoroughbred code. More specifically its exists to:
- Draw up and action the thoroughbred code’s Business Plan, including performance targets, set the distribution policy and allocate funds within the thoroughbred code to maximize and sustain financial benefits.
- Define, regulate and amend the policies and Rules of Racing of the thoroughbred code.
- Represent the interests of thoroughbred code stakeholders, principally the 67 thoroughbred racing clubs operating on 51 galloping tracks.
- Supply central secretariat services for the thoroughbred code – including keeping the New Zealand Stud Book (recording the activities of the more than 9000 broodmares pastured in New Zealand), maintaining the handicap, licensing trainers, jockeys and apprentices, registering all racing stock, publishing industry and code publications and information including maintaining New Zealand’s largest racing database and supplying complete raceday form for all of the country’s 325 thoroughbred racedays, collection of fees and payment of stakes and percentages, and taking nominations and withdrawals for all meetings by the National Racing Bureau.
- Develop all equine training programmes in New Zealand and run dedicated apprentice schools in the main racing regions.
- Communicate all relevant information to all its customers within and outside the thoroughbred code.
- Foster increased awareness, interest, participation and investment in the thoroughbred code.
NZTR is based in Wellington with a full-time staff of 27. For a full list of staff contact details, please visit our Contacts page. Its offices are in the same building as the New Zealand Racing Board, the TAB, Trackside TV, Radio Trackside and the Greyhound Racing New Zealand.
Currently NZTR is governed by a Board of six Directors.
At the NZTR AGM on 15 December 2010, Thoroughbred Racing Clubs throughout New Zealand agreed to support the process of the selection of a new independent Board to run NZTR. A Members’ Council was set up and charged with responsibility for all aspects of the appointment of six independent Directors.
Representatives from the three regions (Northern, Central and Southern) along with a representative from the Trainers, Owners and Breeders sector were then elected. The Members’ Council comprised: Victoria Carter, Danny Moss, David Smith, Wayne Guppy, Bruce Perry, John Wheeler, Murray Acklin, Bill Cotton, John Wood, Peter Francis, David Haworth and Neil Oldfield.
A Board of ten Directors, elected on a regional and sector basis, was replaced by six appointed, independent directors.
Appointments to the Board are for three year terms and for a maximum of three terms, that is, an initial term and two further terms of three years each.
Board of Directors
Alan Jackson - Chairman
Alan has had over 30 years of business experience across a wide spectrum of industries and disciplines including public and listed companies and racing bodies in three countries. His current governance roles include independent directorships of Fletcher Building, Fletcher Finance Limited and Delegat Group. He was a founding Director of the New Zealand Racing Board between 2003 and 2006 and again in 2012-13 including serving as Chairman. Alan served as Chairman of the Boston Consulting Group (BCG) Australasia between 2003 and 2009. He has also chaired the Housing Corporation of New Zealand.
Victoria Carter - Deputy Chairman
Victoria is a Director of listed company Turner’s Auctions, Tax Management NZ, Co-founder of Cityhop, and Chairman of the Auckland Festival. She has been a Director of JUCY Group and Director of former NZX company Kidicorp. She was a Director of the Auckland Racing Club and Chairman of NZTR's Member's Council until becoming a Director. An Accredited Fellow of the Institute of Directors, Victoria has a Bachelor of Laws from the University of Auckland. She has a background in public relations and marketing. She and her husband breed and race horses.
John built a career in the financial services sector in the City of London. He founded Stace Barr Ltd, which was one of Lloyd’s of London’s largest capital providers, and was CEO of listed Angerstein Underwriting Trust, now Amlin plc. He was Deputy Chairman of Lloyd’s at the time of its reconstruction and served on Lloyd’s Market Board and Lloyd’s Regulatory Board. He has served on the Board of Genesis Energy and as Chairman of Methodware. Today he serves on the Boards of 3R Group Limited, Sportsground Limited and Triplejump Limited.
Jason is Managing Director of a financial services company based in Hawke’s Bay. Jason holds a Bachelor of Laws and Bachelor of Arts (Political Science) from Victoria University. Following admission to the Bar he developed a career in structured finance overseas and upon his return to NZ was the CEO of East Coast Racing and Hawke’s Bay Racing Incorporated. He has been active in the Thoroughbred industry as a breeder and owner after developing a deep appreciation for the industry whilst working as a stable hand for champion trainer John Wheeler during holidays from studies. He is a member of the Institute of Directors and is also involved in a number of not-for-profit organisations in Hawke’s Bay.
Rick is General Manager of The Oaks Stud in Cambridge. He has had 30 years of experience as an owner, breeder and manager of commercial stud farms in New Zealand. He graduated from Massey University with a Bachelor of Agricultural Science majoring in Farm Management, Economics and Marketing. He managed Waikato Stud, Bloomsbury Stud before being appointed General Manager of the Oaks Stud and Manager of the Oaks Racing Team for owner Dick Karreman. He served on the Council of the Thoroughbred Breeders’ Association for seven years.
Rodger Finlay has more than thirty years experience in the financial services industry including senior investment banking and funds management positions with major institutions, specialising in the global natural resource sectors. He is a Fellow of Chartered Accountants Australia and New Zealand, and a Chartered Fellow of the Institute of Directors. He is a Governor of Radio New Zealand, Chairman of Mundane Asset Management, Deputy Chairman of Rural Equities Limited, and a director of Moeraki Limited.
NZTR Nominee to the Board of the New Zealand Racing Board
Greg is a director of Sutton McCarthy Limited, a consultancy that provides strategic, financial and treasury advice to corporate and other clients. A Chartered Accountant, Greg is a director of Innova Products Limited, Spring Creek Estate Limited and Rangatira Forests Limited. He has been active in the Thoroughbred industry for more than 20 years as a breeder and owner. He has a BCA in Accounting, Economics and Commercial Law. He also holds a Graduate Diploma in Rural Studies.
Bernard Saundry succeeded Greg Purcell as Chief Executive of NZTR in June 2017. Bernard has been actively involved in the Australian racing, sports and entertainment sector for more than 35 years. He has considerable experience at the top level of racing administration in Australia. Most notably, Bernard spent 14 years with Racing Victoria Ltd, stepping down in December 2016 after a four year stint as Chief Executive. He was previously the Chief Operating Officer, Commercial Director, Racing Development Director and Chief of Staff with RVL. Bernard also spent time as the CEO of the Western Bulldogs Football Club and eight years as Chief Executive of Harness Racing Victoria. Prior to joining HRV, he was the administration and marketing manager for the Moonee Valley Racing Club. Bernard has been a director for a number of companies that manage and develop key business activities of the racing industry including media, wagering, integrity and intellectual property.
For a full list of staff contact details, please visit our Contacts page.