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hedley

New Racing Board member

73 posts in this topic

David Bennett

23 June, 2017

New Zealand Racing Board gets fresh eyes

Minister for Racing David Bennett has appointed Bill Birnie to the New Zealand Racing Board (NZRB).

“It’s a pleasure to welcome Bill Birnie to the NZRB. Mr Birnie brings a lot of corporate governance experience and will add value to the NZRB,” Mr Bennett says.

The purpose of the NZRB is to oversee the racing industry and the TAB, which has a $2.7 billion turnover a year, and returns over $150 million to New Zealand racing and sports each year. The seven-member board is made up of four independent members, including the Chair, who are appointed by the Government, and three code representatives nominated by the Thoroughbred, Harness and Greyhound racing codes.

Mr Birnie, an investment banker by trade and former solicitor of the High Court of New Zealand, has also held positions on several boards, including NZ Screen Commission, the Hilary Commission, High Performance Sport NZ, Sport New Zealand, NZ Film Commission, NZ Warriors Ltd and Play It Strange, amongst many others.

Mr Birnie’s three year tenure begins on 23 June 2017.

“I would like to thank outgoing board member Barry Brown for his contributions to the NZRB and industry over the past three years. Mr Brown is passionate about the industry and we thank him for his commitment to racing,” Mr Bennett says.

 

......but then you read this;  http://www.stuff.co.nz/business/money/8056958/Birnies-Bergdorf-folds-owing-11m

 

.....then this! ; https://www.nbr.co.nz/category/category/birnie-capital-property-partnership

 

 

 

 

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55 minutes ago, inside edge said:

Not much hope for us then is there cann't even manage his own affairs let alone let him loose in our slack outfit.

If he is incapable of managing anything he will make an ideal NZRB Board Member.  And I hope he doesn't know anything about racing either because knowing anything about racing is a definite no no where that Board is concerned.

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From deep in my cerebral recesses I seem to remember he was also part of the consortium that took a financial bath bringing Tiger Woods to the NZ Open in 2002?? ( $3.7 mil appearance fee??) Obviously some disappointed creditors.

Stand to be corrected.

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Reports from that NZ Open stated " the organisers took a bath." Yes there was a consortium putting the $ up for Tiger's $1m+ apperance fee including BB.

TAB were out at the course boots and all - a big tent with full facilities including live hole by hole betting for marquee players if you were keen. Remember backing Cambo playing into a head wind on the par 5 7th @ $2's - easy money!

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Political patronage in this country knows no bounds. Proven business failures like Double B have no place on the New Zealand Racing Board. I have had a bit of time for David Bennett in the past but this appointment shows a lack of good judgement and doesn't bode well for the future of the Racing Industry.

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25 minutes ago, Midget said:

He was hand picked by Glenda Hughes, shoulder tapped as they say in the trade.

She's your problem because everything she touches turns to shit and it appears she has no idea how badly she's perceived to be performing.

Probably has no idea because I doubt she talks much to anyone actually involved in Racing.

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14 minutes ago, We're Doomed said:

I am surprised how badly this Govt treats racing when you consider there are some pretty influential people who race horses who should have some influence in the National party.

There are a lot of influential people racing horses however i think you will find that the majority didn't make their original money from racing horses.

Racing horses for them is just a benefit of being successful in other areas so the passion isn't there.

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Just what the NZRB needs. Another failed corporate banker - going down that path has reaped huge dividends for the industry so far. God forbid getting someone who actually knows racing or the betting industry involved. Fucking HORRIBLE HORRIBLE appointment to start David Bennett's tenure as Racing Minister. WTF Mr Bennett??

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2 minutes ago, We're Doomed said:

I am surprised how badly this Govt treats racing when you consider there are some pretty influential people who race horses who should have some influence in the National party.

election after election,the blind, hard workers of this country,vote National in...only to be kicked in the guts.

by policies that group all into one barrel.

apart from the , overpaid ,under-performing hierarchy who come and go like this clown

Has he served out his 5 years for liquidation? how much is squandered away in trust?

David Bennett

23 JUNE, 2017

New Zealand Racing Board gets fresh eyes

Minister for Racing David Bennett has appointed Bill Birnie to the New Zealand Racing Board (NZRB).

“It’s a pleasure to welcome Bill Birnie to the NZRB. Mr Birnie brings a lot of corporate governance experience and will add value to the NZRB,” Mr Bennett says.

The purpose of the NZRB is to oversee the racing industry and the TAB, which has a $2.7 billion turnover a year, and returns over $150 million to New Zealand racing and sports each year. The seven-member board is made up of four independent members, including the Chair, who are appointed by the Government, and three code representatives nominated by the Thoroughbred, Harness and Greyhound racing codes.

Mr Birnie, an investment banker by trade and former solicitor of the High Court of New Zealand, has also held positions on several boards, including NZ Screen Commission, the Hilary Commission, High Performance Sport NZ, Sport New Zealand, NZ Film Commission, NZ Warriors Ltd and Play It Strange, amongst many others.

Mr Birnie’s three year tenure begins on 23 June 2017.

“I would like to thank outgoing board member Barry Brown for his contributions to the NZRB and industry over the past three years. Mr Brown is passionate about the industry and we thank him for his commitment to racing,” Mr Bennett says.

 

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BILL BIRNIE

INDEPENDENT MEMBER | LLB

Bill has over 30 years of investment banking experience and holds a Bachelor of Laws. He is the Chairman of the KidsCan Charitable Trust, a Director of Far North Holdings and a Member of the New Zealand Screen Production Grants Verification Panel.  Bill has held a number of Government appointments including Deputy Chairman of Sport New Zealand, Chairman of Sport New Zealand’s Audit, Finance and Risk Committee and Deputy Chairman of High Performance Sport New Zealand.  Bill is a former Deputy Chairman of the New Zealand Film Commission and past Chairman and Director of ENZA. He has held the positions of Director of the NZ Warriors Rugby League Franchise, the Screen Council of New Zealand, Commissioner of the Hillary Commission, Trustee of the James Wallace Arts Trust and Director of Equestrian Sports New Zealand from which he received an Honorary Life Membership. Bill was also a Founding Trustee of the Wellington Stadium Trust and was Deputy Chairman of the then government owned Post Office Bank, prior to its sale to the ANZ Banking Group.

 

 

There are those 2 words again :o

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