Eaves to Retire from WEG

Nick Eaves, the president and chief executive officer of the Woodbine Entertainment Group (WEG) has announced his retirement, effective Mar. 30, 2015. Eaves assumed the role of CEO in 2010 and has worked at the WEG for over 20 years, taking over as president in 2006 before his promotion to CEO. During his tenure, Eaves is credited with creating development and future growth, in large part due to the five-year Horse Racing Partnership Plan with the Province of Ontario. 

“As I look back on the last 20 years, I am very proud to have been part of a team that was able to accomplish so many great things for WEG and in our industry,” said Eaves. “Looking forward, I have confidence that the organization is pointed in the right direction and know the current leadership team will continue to grow and improve on the model we have developed. I want to thank all of my WEG colleagues for their hard work and collaboration over the years.” 

WEG Chairman Jim Lawson will lead the company on an interim basis after Eaves’s departure. The Board will consider all options as it determines the best candidate to permanently fill the position. 

“Nick has been with WEG for over two decades and in that time has been a big part of its evolution and success,” said Jim Lawson. “The Board and I want to thank Nick for his dedication, passion, and commitment, and wish him all the best as he embarks on the next stage of his life and career.” 

Lawson continued, “As we look forward, now that we have stability we must work to achieve long-term sustainability for WEG and the horse racing and breeding industry and we will continue to put all of our resources towards that end.”