3 minute read
Stud to vacate current property at Tylden with Price to leave at end of financial year
Woodside Park Stud have announced they are undergoing a strategic change in direction, including vacating their current property in Tylden consolidating its breeding operations to their Morningside freehold property at Nagambie in Victoria.
Woodside will retain ownership in its stallions and principal of the stud Mark Rowsthorn said: “We are looking to simplify our family’s interests and direct our investment to a smaller operation that is focussed on breeding yearlings at the elite end of the market. Morningside lends itself to this change in direction and also complements our growing cattle and cropping operations.”
Given these revised plans, current CEO, James Price will be leaving Woodside at the end of the current financial year, with Will Rowsthorn set to oversee the Woodside operations.
“Regarded within the industry for his impeccable reputation and highest levels of integrity, James has been a tremendous asset for Woodside over the past three years,” said Mark Rowsthorn.
“His outstanding leadership most recently highlighted at the Magic Millions with the exceptional results achieved for the farm, recording a record price for a farm-consigned yearling at $750,000, while also ending Book 1 as top five vendor. I’d like to thank James for all he has done for Woodside and wish him well for the next chapter in his career.”