CEO Cauthen leaving WinStar Farm

WinStar President and CEO Doug Cauthen, who has been with the operation since its inception in 2000 and was part of the team that won both the 2010 Kentucky Derby and Belmont Stakes with Super Saver and Drosselmeyer, respectively, is leaving the farm.

WinStar announced Oct. 13 that Kenny Troutt had bought out minority partner Bill Casner. As internal discussions regarding the future of the farm continued to evolve, Cauthen determined now was the appropriate time to step down from his WinStar post to pursue new opportunities. Elliott Walden, previously the vice president and racing manager for WinStar, will take over as president and CEO.

"Helping WinStar grow and succeed on all levels has been my number one mission for the past decade," Cauthen said in a news release. "WinStar gave me the experience of a lifetime, which only a limited number of horsemen will ever know. Kenny and Bill afforded me the opportunity to know what makes a great racehorse, what makes a great stallion, and what makes a great farm."

In the news release, Troutt said of the decision: "(Cauthen) has a special mix of horsemanship and business acumen that have and always will serve him well. I wish all the best to Doug, who has been nothing short of stellar in every respect. He and his entire family are the epitome of class in this industry. He has agreed to continue on with the farm in a consulting role during the transition, and will most likely be an independent sounding board for WinStar for a long time in the future. "

This story was originally published November 3, 2010 at 12:00 AM with the headline "CEO Cauthen leaving WinStar Farm."