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For Immediate Release: Friday, October 14, 2005

Focus on debt reduction central theme of Western Fair’s AGM

The Western Fair Association held its 2005 Annual General Meeting in the Carousel Room on the fairgrounds yesterday with more than 240 of the Association’s business, government and community directors, members and guests in attendance.

Western Fair Association’s Chief Executive Officer, Gary McRae called the meeting to order and county greetings were given by Warden Tom McLaughlin. Controller Bud Polhill brought city greetings on behalf of the mayor.

President Denny Lang welcomed members and guests and delivered the evening's opening remarks. His address outlined that “we must clearly delineate a roadmap that will lead us into the next decade” and although he talked of the past fiscal period, he imparted to the audience the importance “for the next year, to persevere with our goal of debt management and business growth to prepare the Association for its next stage of development. We must not lose sight of our vision for the future of this outstanding entertainment centre.”

Following the address from the Association’s President, Gary McRae C.E.O., made a report on the financial statement and outlined that “although the Association recorded an operating surplus of 3.8 million, these funds are fully committed for debt servicing and capital maintenance of expanded facilities.” Chief Operations Officer, Hugh Mitchell, took the podium next and talked to the audience about “a three-year roadmap for the organization in the format of the new operational strategic plan.” Mr. Mitchell stressed that “the goal line has moved and the marketplace requires Western Fair to up its game!” According to Mr. Mitchell, the Association is now challenged to “better manage and measure operating costs, debt management, enhance live racing, and identify which elements in terms of corporate image, event and entertainment options have a positive impact on the community and are relevant to the needs of today’s customer.”

Also at the meeting, the 2005/2006 Board of Directors was elected. Denny Lang continues in his role as President. Vice Presidents Ken Levy and Jack Davis were also re-acclaimed. Newly elected to the Western Fair Board of Directors were: Ron Lackey, representing the Ontario Ministry of Agriculture and Food, Bob Earley, representing the London Rotary Club and Tim Kelly, representing the Optimist Club of Southeast London.

2005/2006 Western Fair Board of Directors:

President - Denny Lang
Vice Presidents - Ken Levy, Jack Davis

Directors

Ray Chowen, Bob Earley, Al Edmondson, Hugh Fletcher, Jean Johnson, Tim Kelly, Ron Lackey, Warden Tom McLaughlin, Counc. Bernie MacDonald, Alan Marr, Don McCallum, Jamie O’Shea, Cont. Bud Polhill, Bill Reath, Counc. Fred Tranquilli, Gary Weese, Bill Zwambag

Life Directors

Jan Delaney, John Ferris, Hugh P. Filson, Bill Grieve, Karl Nevin, Bill Trudell, John White, Gary E. Williams

MEDIA CONTACT:

Anne Eadie - 519/438-7203 EX 223
aeadie@westernfair.com



 


 

 
 
     
       
 

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