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Indulto
06-25-2009, 07:29 PM
http://www.bloodhorse.com/horse-racing/articles/51396/drew-couto-resigns-as-toc-president?id=51396&source=rss (http://www.bloodhorse.com/horse-racing/articles/51396/drew-couto-resigns-as-toc-president?id=51396&source=rss)
Drew Couto Resigns as TOC President
By Jack Shinar June 25, 2009Drew Couto, who helped form the Thoroughbred Owners of California in 1993 and served for the past five years as president, has decided to step down.

Following a meeting, TOC's board of directors announced in a statement June 25 that Couto's contract would not be renewed and the board will begin an executive search to fill the position immediately. The statement said "it was an amicable parting of the ways."

Couto, a founding director of the organization, turned 50 at the beginning of the month. He said he felt this was the proper time to leave, adding that he has no immediate plans.

"I'm just feeling beaten up and worn out," he said. "It's time to rejuvenate my batteries before I get started again."

… Couto saw the implementation of advance deposit wagering in California and was engaged in a number of squabbles over terms between the horsemen, the ADW providers and racetrack associations. Insisting that horsemen were being consistently shortchanged, he was involved in similar fights nationally as vice president with the Thoroughbred Horsemen's Group.

"I'm sure I've caused a number of battles, but not nearly as many as people have blamed me for," he said. "Eventually all of these things wear you down. I was feeling like Don Quixote, always tilting at windmills.

"I just felt it was time to step back and make some life decisions," he added. "This job is 7-24-365 and, well, I found out I'm human." …

cj
06-25-2009, 07:32 PM
He was a blight on the industry.

sandpit
06-25-2009, 09:18 PM
best possible thing for the California racing industry...

Indulto
06-26-2009, 07:05 AM
http://www.drf.com/news/article/104983.html (http://www.drf.com/news/article/104983.html)
Couto leaves TOC post in 'joint decision'
By Steve Andersen 6/25/2009… "The board of directors felt it was time for a change," Marsha Naify, chairwoman of the organization, said in a statement.

In Couto's absence, executive vice president Guy Lamothe will assume day-to-day operations, while Naify will take Couto's place representing the owners' group in industry organizations. The Thoroughbred Owners of California is the state's official representative of Thoroughbred owners.

Couto, 50, said he has no plans for another job in racing in the near future.

… "This is a tough job," he said. "It's constant, it's grueling and it's subject to a lot of second-guessing and ridicule. I thought I would be able to withstand, but I decided it's time to need a break."

levinmpa
06-26-2009, 07:29 AM
Roger Stein will be the happiest man in America after hearing this news. He's been hammering Couto on his radio show for several years, calling for his departure from the TOC. Stein claims that Couto had conflicts of interest with his some of his other buisiness, among other things. I'm really looking forward to what he has to say about this on his shows this weekend. You can catch the shows on Saturday and Sunday mornings at 8:00AM Pacific at rogerstein.com.