NEW BOSS APPOINTED AT MAGIC MILLIONS

Written on the 11 April 2011

NEW BOSS APPOINTED AT MAGIC MILLIONS

THE Magic Millions has turned to a proven bloodstock executive to herald in its new era, announcing Vin Cox (pictured) as its new managing director.

Cox has spent 23 years in the country’s premier thoroughbred racing and sales organisations, including 14 years at William Inglis & Son and nine years in charge of his own company, Vin Cox Bloodstock.

As the Australasian representative for Kentucky-based auction house Keeneland, Cox is credited with bridging the gap between the Australian and American breeding industries.

His appointment follows the controversial resignation of former Victoria Racing Club executive Stephen Silk, who walked away from the organisation after being in the top job for only five months.

The Magic Millions ownership reshuffle was the catalyst for Silk’s decision, after retail kingpin Gerry Harvey bought full share of the company from John Singleton and Rob Ferguson in February.

In announcing his replacement today, a confident Harvey says Cox is the right man for the job.

“Katie (Page-Harvey, wife) and I are delighted that Vin has accepted the position of managing director of Magic Millions,” he says.

“We look forward to growing the business together and raising the profile of the Australian bloodstock industry locally and internationally.”

Cox will relocate to the Gold Coast with his wife and three children to take the reins in time for the 2011 Magic Millions National Sales from May 25 – June 8.

“I am most excited and honoured to have been selected for this role with Magic Millions, which has become one of the leading thoroughbred sales organisations in the world, renowned for innovation and growth,” says Cox.

“It is tremendous to have the opportunity to work with Gerry Harvey, Katie Page-Harvey and the Magic Millions team.”

Cox's salary package has not been disclosed.


Latest News

INTEREST IN RETAIL PROPERTY SPIKES AS INTERNATIONAL BRANDS LOOK TO ROLL OUT IN AUSTRALIA

AN influx of international retail brands into Australia over the next five years are expected to push up demand for f...

MANTRA BOASTS OF SUCCESSFUL HOTEL INTEGRATION AS NET PROFIT GROWS 15 PER CENT

MANTRA Group (ASX:MTR) CEO Bob East has praised the performance of the company's new Honolulu Hotel as it posted ...

WHITEHAVEN TRIPLES EARNINGS, PAYS DOWN DEBT AFTER COAL PRICE TURNAROUND

THE HIGH coal price has allowed Whitehaven Coal to triple earnings and pay down a large portion of its debt in the fi...

BABY BUNTING BUOYED BY CLICKS AND BRICKS PERFORMANCE

BABY Bunting has grown sales 18.1 per cent to $135.1 million in the first half of FY17, sweetened by the opening o...

Related News

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter