Magic Millions has announced the appointment of Dr. Stephen Silk as its new Managing Director commencing October 4.  

Silk worked as a practicing vet in Victoria and Ireland and then joined the CSL Group which is involved in the invention, production and marketing of Plasma products, vaccines and pharmaceuticals.

In 2003 he joined the Victoria Racing Club as General Manager Strategic Marketing with responsibility for brand strategy and the strategy for the Melbourne Cup Carnival.

In 2008 Silk moved to the role of General Manager Flemington Racecourse with responsibility for all operations at Flemington.  He has also served as a Committee Member of the Melbourne Racing Club.

Silk’s family have been passionate horse breeders and racers for generations with his most notable horse participation being the great Lee Freedman trained stayer Naturalism.  He brings a wealth of racing, breeding and most importantly business experience to Magic Millions.

Current CEO David Chester has been in the role for 10 years.  He wanted to step aside from day to day CEO duties to a role as full time roving ambassador for Magic Millions with a focus on his outstanding relationships in Asia.

“On behalf of the partners of Magic Millions I want to thank David for his hard work and dedication as CEO and as an employee of Magic Millions since 1986,” Rob Ferguson said.