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RITA Chief Executive To Step Down
As the New Zealand racing industry undergoes commercially-driven reforms, Racing Industry Transition Agency (RITA) chief executive John Allen is stepping down from his role at the end of the year. “After five years as chief executive it is time to begin the search for a new leader to oversee the transition to TAB NZ,” Allen told NZ Racing Desk. “This was a difficult decision, but with the racing reforms underway, it’s timely for someone else to lead the TAB and deliver the revenue growth to support a sustainable racing industry.” RITA chairman Dean McKenzie acknowledged Mr Allen’s leadership since becoming chief executive in 2015 during which time there have been important investments in the TAB. “We now need to focus on lifting profits, increasing distributions to racing and improving the betting experience for Kiwi punters. Achieving the outcomes set out in the current reform of racing will play an important part of securing a positive future for racing.” Allen will stay on until Christmas to support RITA through the next phase of industry reform and to oversee a transition to a new chief executive.