HRI to restructure following resignation

Horse Racing Ireland has announced a significant restructuring of its marketing subsidiary in the wake of the resignation of a senior director over breach of ethics concerns.

Michael O’Hagan resigned as CEO of Irish Thoroughbred Marketing on Monday after HRI initiated a second disciplinary inquiry against him for private deals involving his wife, Josephine O’Hagan, and ITM’s Chinese clients.

Mr O’Hagan also left the role of director of international affairs and communications at HRI.