Paul Fisher has been promoted to chief executive of Jockey Club Racecourses, the operating group of 15 racecourses in the UK.
Currently group managing director, Fisher has contributed towards success across the racecourse group, which stages the likes of the Cheltenham Festival, Grand National (pictured), Derby Festival and Guineas Festival. The move takes effect from July 1.
Fisher has led Jockey Club Racecourses to achieve eight consecutive years of growth, which have allowed it to make record prize money contributions and major investments to racing's infrastructure. He has also overseen a raft of successful innovations in recent years.
These include the issue of the first retail bond in British sport; the launch of Jockey Club Services, which provides business services to UK sports organisations; the formation of Jockey Club Live, the organisation’s music promoter division; and the introduction of Rewards4Racing as the Jockey Club’s loyalty scheme.
In his new capacity, Fisher has also become the Jockey Club’s appointment to the board of British Champions Series. He will continue to report to Simon Bazalgette, group chief executive of the Jockey Club and chairman of Jockey Club Racecourses.
Bazalgette said: “Under Paul's leadership, we have seen Jockey Club Racecourses' turnover increase by more than 90 per cent since the Jockey Club's first full year operating solely as a commercial group, leading to increased prize money contributions to new record levels each year. His promotion is a reflection of achievements such as these and the responsibilities he delivers for us today.”
Fisher added: “Our people are our greatest asset and we’ll continue to invest in them in the years ahead.”