Frederic Heyman, a Baltimore-based lawyer, has been named the new President of Team Valor International, the company's CEO Barry Irwin announced Tuesday.
Heyman is active in the Mid-Atlantic, having managed the racing and operations of the late Baltimore Orioles' owner Peter Angelos's Marathon Farms. He also sat on the board of Fair Hill training center.
Irwin noted that he has no plans to step back or retire.
“I plan to spend more time each summer and fall abroad, where we source most of our stock. I want to focus on the stable in Ireland, England and Europe. Being able to eyeball what we buy is an advantage,” Irwin explained. “Running a stable domestically and internationally makes prospecting abroad difficult. Having Fred on board will free me up to do what I do best. Fred initially will learn the administrative ropes of TVI, gradually take over operating the domestic branch of our international stable and eventually move into a role as my successor.”
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