The Jockey Club appoints a new Steward and three new Members

13th December 2011

Julia Budd has been appointed a Steward

Julia Budd has been appointed a Steward

The Jockey Club today announced the appointment of Julia Budd to its Board of Stewards[1] and Lisa Hancock, Stuart Richmond-Watson and Mike Street OBE as three new Members.

Julia Budd becomes a Steward of The Jockey Club for a term of three years. She is a founding partner of The Zygos Partnership, the international search firm. She is also a Member of The Jockey Club, a non-executive director of its Sandown Park Racecourse, a Trustee of the British Horseracing Education and Standards Trust (BHEST) and a racecourse steward at Epsom Downs, Kempton Park and Windsor.

Budd has been a member of racing syndicate Highclere since it started, with stakes in horses in training with William Haggas, Michael Bell, Andrew Balding and Richard Hannon. She is also a member of the Thurloe jumps syndicates, with horses in training with Philip Hobbs and Alan King. She joint-owns Mont Present with Simon Sherwood, which is in training to go hunter chasing.

Previously Budd was with Egon Zehnder International, where she ran the Board Practice, focusing on Chairman and non-executive director appointments. She has also been a Senior Consultant at Bain and Company and a non-executive director of Wilson Connolly plc until its agreed takeover by Taylor Woodrow.

She replaces Michael Henriques, who stands down after completing his third separate term as a Steward, including latterly, as Deputy Senior Steward. Sir Ian Good CBE, a Steward since 2007 and Chairman of The Edrington Group, Hamilton Park Racecourse, The Robertson Trust and Scottish Racing, is appointed Deputy Senior Steward.

Nicholas Wrigley, Senior Steward[2] of The Jockey Club, said:

"Julia has made a tremendous contribution to The Jockey Club and British racing to date and I’m delighted she has agreed to join our Board. My fellow Stewards and I look forward to working with Julia as we continue to secure a bright future for our sport.”

Julia Budd said:

“I am very honoured to become a Steward of The Jockey Club and to be part of an organisation that plays such a pivotal role in the racing industry and which cares so deeply about its success.”

The Board of Stewards oversees the running of all The Jockey Club’s interests, which include Jockey Club Racecourses, Jockey Club Estates, The National Stud and Racing Welfare, as well as major shareholdings in Racecourse Media Group and British Champions Series Ltd and joint ventures with Compass UK & Ireland and Rewards4Racing Ltd.

For 2012, The Jockey Club’s Board of Stewards is: Nicholas Wrigley (Senior Steward), Sir Ian Good CBE (Deputy Senior Steward), Julia Budd, Sandy Dudgeon, Nicholas Jones, Andrew Merriam and The Duke of Roxburghe.

Three new Members appointed
Lisa Hancock, Stuart Richmond-Watson and Mike Street OBE are appointed Ordinary Members of The Jockey Club. Their appointment increases The Jockey Club’s membership to 152 individuals, including 22 Honorary Members.

Members are effectively ‘trustees’ and have no financial interest in the Group, whose profits must be used for the benefit of British racing. Members are appointed on account of their knowledge and experience of racing, alongside a commitment to help The Jockey Club to achieve its vision for British racing to be the best in the world for many years to come.

Lisa Hancock is Chief Executive of the Injured Jockeys Fund and a non-executive director at Cheltenham Racecourse. From 2000 to 2007, she was Managing Director of Newmarket Racecourses and prior to that Racing Manager at Haydock Park, Assistant Clerk of the Course at Aintree Racecourse and Racecourse Manager at Warwick Racecourse. As an amateur jockey, Hancock won more than 50 point-to-point races.

Stuart Richmond-Watson is a Director and fund manager at LaSalle Investment Management. A chartered surveyor by profession, he has worked within Jones Lang LaSalle Group since 1973. He is also Chairman of The National Horseracing Museum in Newmarket and Vice Chairman of St. Andrew’s Healthcare. Richmond-Watson is a member of successful racing syndicate, The Eclipse Partnership, having racehorses in training with Ralph Beckett and James Fanshawe.

Mike Street OBE retired as Director of Customer Services and Operations at British Airways in 2005 following a distinguished 42-year career with the airline. He was appointed to its main Board in 2000 and previously held positions in Finance, Consultancy Services and Cabin Service, then as Head of Catering, Head of Customer Service and Head of Business Units, and ran Dan Air after its acquisition. Street has been Chairman of Kempton Park Racecourse since 2007, is Chairman of the ACT Foundation and non-executive director of WSH Group Ltd, Hall & Woodhouse and Airways Sports and Leisure Ltd.

Nicholas Wrigley added:

"I’m delighted to welcome Lisa, Stuart and Mike as Members of The Jockey Club. This is recognition for the notable contribution each has made to British racing to date and we look forward to what they can bring as Members, acting for the good of our sport.”

[1] Equivalent to non-executive director of the Board of The Jockey Club group
[2] Equivalent to non-executive Chairman of the Board of The Jockey Club group