W. Gray Lyster

You know, it's almost like they're family. Okay, maybe that's not terribly helpful. As we've learned from others kindly sharing their experiences for this series, the only right way is the one that works for you. That's always a pretty good starting point, anyway, with horses. And given this additional variable, where the directors stage board meetings around a kitchen table, then different families must find their own ways to meet the challenges of succession. Some hire consultants; some transition with parallel businesses; some, no doubt, never get past the...

The Jockey Club has elected six new members: Len Coleman, who served alongside Dr. Nancy Cox as co-chair of the blue-ribbon nominating committee that was formed to select members of the board of directors and standing committees of the Horseracing Integrity and Safety Authority (HISA); Dr. Nancy Cox, in addition to her aforementioned role, Cox is the vice president for Land Grant Engagement and the dean of the College of Agriculture, Food and Environment at the University of Kentucky (UK). Also elected were Marc Holliday, who was elected chairman of...