Churchill Downs Incorporated Announces Robert L. Fealy Retires From Company’s Board of Directors

Rhea-AI Summary

Churchill Downs Incorporated (CDI) announced the retirement of Robert L. Fealy from its Board of Directors on July 23, 2024. Bill Carstanjen, CDI's President and CEO, expressed gratitude for Fealy's long-term service, highlighting his perspective, insight, and dedication to the company. Carstanjen also personally thanked Fealy for his friendship and wisdom over their years of collaboration.

This change in the board composition marks a significant moment for CDI, potentially impacting the company's future strategic decisions. The departure of a long-serving board member often leads to a shift in dynamics and could bring new perspectives to the company's governance.

Positive

• Long-term board member indicates stability and experience in governance
• Opportunity for fresh perspectives with potential new board appointment

Negative

• Loss of experienced board member could impact decision-making processes
• Potential gap in specific expertise or industry knowledge

LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “Company”) announced today that Robert L. Fealy retired from CDI’s Board of Directors on July 23, 2024.

"We are grateful for Bob’s long-term exemplary service as a board member of Churchill Downs Incorporated,” said Bill Carstanjen, CDI's President and Chief Executive Officer. "We will miss his perspective, insight, and dedication to our Company. I want to also personally thank him for his friendship and wisdom over the many years we have worked together.”

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com/

Investor Contact: Sam Ullrich
(502) 638-3906
Sam.Ullrich@kyderby.com

FAQ

When did Robert L. Fealy retire from Churchill Downs Incorporated's Board of Directors?

Robert L. Fealy retired from Churchill Downs Incorporated's Board of Directors on July 23, 2024.

Who announced Robert L. Fealy's retirement from Churchill Downs Incorporated (CHDN)?

Bill Carstanjen, Churchill Downs Incorporated's President and Chief Executive Officer, announced Robert L. Fealy's retirement from the company's Board of Directors.

What qualities did Churchill Downs Incorporated (CHDN) highlight about Robert L. Fealy's service?

Churchill Downs Incorporated highlighted Robert L. Fealy's perspective, insight, dedication, and long-term exemplary service as a board member.

How might Robert L. Fealy's retirement affect Churchill Downs Incorporated (CHDN)?

Fealy's retirement could impact CDI's board dynamics, potentially leading to changes in strategic decision-making and governance. It also creates an opportunity for new perspectives with a potential new board appointment.