|Contact: Julie Koenig Loignon
SEXTON NAMED EXECUTIVE VICE PRESIDENT OF ARLINGTON PARK
ARLINGTON HEIGHTS, Ill. (April 16, 2001) - Steve Sexton has been named executive vice president of Arlington Park. The announcement was made today by John Long, executive vice president and chief operating officer of Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN). Sexton will report directly to Scott Mordell, Arlington's president and chief executive officer.
Sexton, who most recently served as executive vice president and general manager of Lone Star Park in Grand Prairie, Texas, will oversee many of Arlington's day-to-day business functions, including the racetrack's finance, human resources, sales, marketing and community relations departments. Sexton will assume his new responsibilities May 7.
"I am honored to join this prestigious organization, known for its commitment to quality," said Sexton. "Arlington Park is one of the jewels of our industry with a physical plant that is second to none and a staff of bright, motivated employees dedicated to offering their customers an exceptional on-track experience. I look forward to working with them as we build upon this tradition of excellence."
Long said that the addition of Sexton as executive vice president brings Arlington's senior management structure in line with the management structures at other CDI racetracks. "Adding Steve to our management line-up at Arlington Park will allow the racetrack's president, Scott Mordell, to work more closely with CDI's management team on strategic issues that will benefit the racetrack and Illinois racing," he said.
"Steve's vast experience has prepared him for this important role and makes him a tremendous asset to our team," said Mordell. "He is one of the most accomplished and innovative executives in our industry, having held key management positions at racetracks in five major metropolitan markets. He also was instrumental in helping establish Lone Star Park as a new and vibrant Southern racing center. With Steve aboard, we are poised to continue the growth needed to expand racing's presence in Chicago. We now have a complete and experienced team assembled as we prepare for our first complete racing season in the Churchill Downs Incorporated family of racetracks."
Frank Gabriel, Arlington's vice president of racing operations, will continue to oversee the racetrack's live racing program, while Jim Stumpf, vice president of off-track operations, will continue to manage Arlington's five off-tracking betting (OTB) facilities.
Sexton has managed and marketed top horse racing facilities throughout the country. Prior to joining Lone Star Park in May 1994, he served as general manager at Thistledown where he coordinated the first average attendance and wagering handle increases in three years and implemented a sales and sponsorship department. While at the North Randall, Ohio, racetrack, Sexton also introduced the first racing show to be televised nightly and weekly statewide on Sports Channel along with numerous innovative and customer-focused programs.
Previously, Sexton served as assistant general manager/director of marketing at Golden Gate Fields in Albany, Calif., where he developed and guided marketing efforts that helped establish new all-time Northern California attendance and handle records in 1988. He also consulted on the marketing of Ladbroke's Wyoming OTB network, which included six sites, and he assisted with the overall implementation of the 15-site Northern California OTB network.
Sexton has also served as assistant marketing director at Canterbury Downs in Shakopee, Minn., and as sales promotion manager at Santa Anita Park in Arcadia, Calif., where he first became involved in racetrack management in 1983.
Sexton received a bachelor of arts degree in economics and psychology in 1983 from Claremont McKenna College in Claremont, Calif. During his years in the Dallas/Fort Worth area, Sexton served on the board of the Dallas All-Sports Association; the Grand Prairie Independent School District Charitable Trust; and the Southwestern Bell - Southern Methodist University Athletic Forum.
Churchill Downs Incorporated - headquartered in Louisville, Ky. - is one of the world's leading horse racing companies. Its flagship operation, Churchill Downs, is home of the Kentucky Derby and will host the race's 127th running on May 5, 2001. The Company owns additional racetracks in Kentucky, Illinois, California and Florida and has interests in a pari-mutuel operation in Indiana as well as various racing services companies. CDI trades on the Nasdaq National Market under the symbol CHDN and can be found on the Internet at www.kentuckyderby.com.
Arlington Park, the Chicago area's premier Thoroughbred racetrack, located in Arlington Heights, Ill., will run its 102-day live racing meet June 13 to Oct. 28, 2001. Arlington Park, which merged with Churchill Downs Incorporated in September 2000, also operates off-track betting facilities at Trackside at Arlington Park; Quad City Downs; and in Chicago, Rockford, and Waukegan, Ill. Arlington Park can be found on the Internet at www.arlingtonpark.com.
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