Woodside Park Stud today announce a change in strategic direction.
Woodside will vacate the current stud operations at their property in Tylden, Victoria and consolidate its breeding operations to their Morningside freehold property at Nagambie in Victoria.
Woodside will retain ownership in its stallions. Mark Rowsthorn, Principal says “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.
Will Rowsthorn will then oversee the Woodside operations. Mark commented, “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. 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.”
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