Paul Fisher has been promoted to the role of chief executive of Jockey Club Racecourses, the move takes effect from 1st July 2017.
Currently group managing director of the 15-strong racecourse group, Fisher has led Jockey Club Racecourses to achieve eight consecutive years of growth, which have allowed it to make investments to racing's infrastructure.
He has also overseen the launch of Jockey Club Services, which provides business services to UK sports organisations; the formation of Jockey Club Live and the introduction of Rewards4Racing as The Jockey Club's loyalty scheme.
In his new capacity, Fisher has also become The Jockey Club’s appointment to the board of British Champions Series.
He will continue to report to Simon Bazalgette, group chief executive of The Jockey Club and chairman of Jockey Club Racecourses, Simon Bazalgette said: "I am proud of our executive management team and what they, and all of our hardworking colleagues around The Jockey Club, achieve for British Racing on a daily basis.
"Under Paul's leadership, we have seen Jockey Club Racecourses' turnover increase by more than 90 percent since The Jockey Club's first full year operating solely as a commercial group, leading to increased prize money contributions to new record levels each year. His promotion is a reflection of achievements such as these and the responsibilities he delivers for us today."
Fisher said: "We’re proud to welcome millions of people each year to enjoy our events and, whether they are coming because they are racing fans, looking for a great day out or participants in our sport, we want each to have a fantastic Jockey Club experience at our venues or through our broadcast partners. As well as investing large sums in our facilities and prize money to achieve the growth we have in recent years, we have also put a lot of emphasis on building a really positive, supportive and high-performing culture. Our people are our greatest asset and we’ll continue to invest in them in the years ahead."