Sentences with phrase «reorganization board»
A "reorganization board" refers to a group or committee responsible for making changes within an organization to improve its structure, efficiency, or financial stability. This board assesses the current state of the organization and develops plans to restructure different areas, such as departments, teams, or resources, to achieve better results. Full definition
Also at 11 a.m., members of the NYRA reorganization Board of Directors meets, Holiday Inn, Exacta Room 232 Broadway, Saratoga Springs.
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At 2 p.m., the NYRA Reorganization Board of Directors holds a public meeting, ESDC, 633 Third Ave. 37th Floor Board Room, Manhattan.
Following years of controversy and woeful finances, NYRA four years ago was placed under a special reorganization board dominated by public appointees.
Additionally, NYRA is governed day - to - day by a special 16 - member Reorganization Board set up by Gov, Andrew Cuomo in 2012 following a scandal in which bettors had been overcharged.
New York Racing Association President and CEO Chris Kay spoke at last week's Reorganization Board meeting to highlight the continued financial success of the organization.
The current reorganization board's authority lasts until this fall.
SARATOGA SPRINGS — The day before the annual thoroughbred racing meet begins, Chris Kay, the embattled CEO of the New York Racing Association's special government - appointed reorganization board, had some good news for local business operators.
The chairman of the New York Racing Association's reorganization board on Wednesday said the first order of business after Labor Day is to work on the twice - derailed plan to put NYRA back in private nonprofit hands.
«I think we've done the job we were supposed to do,» reorganization board Vice Chairman Michael Del Guidice said during a meeting in New York City.
Towne urged Kay and NYRA Reorganization Board members to «challenge those three branches of government who can make appointments,» to seek out people with racing knowledge.
Also at 11 a.m., NYRA's Reorganization Board of Directors holds a public meeting, ESDC, 633 Third Ave., 36th Floor Conference Room, Manhattan.
Four years ago, Cuomo installed a special reorganization board to run NYRA, which was facing bankruptcy as it became mired in scandal and financial difficulties.
In October 2012, Cuomo charged the NYRA Reorganization Board he put in place with returning the firm to private control by October 2015.
NYRA is supporting two options; one would replace the reorganization board with 15 private members; a second would place four publicly appointed leaders on the 15 - member board, including two recommended by the governor, one by the Senate, and one by the Assembly.
Public Control for 3 Year Period to Improve Horse Racing in New York State New York State Press Release Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos, Assembly Speaker Sheldon Silver, and the New York Racing Association (NYRA) Tuesday announced an agreement to establish the NYRA Reorganization Board that will place NYRA under temporary -LSB-...]
In 2012, the governor named Bonomo to a «reorganization board» intended to revamp the long - troubled New York Racing Association.
The Reorganization Board of Directors on Wednesday unanimously ratified Gov. Andrew Cuomo's appointment of Anthony Bonomo to serve as NYRA chair.
Board member James Towne said he was disappointed that Kay didn't have any contact with Assembly Democratic Speaker Carl Heastie before he named Saratoga resident Georgeanna Lussier to the Reorganization Board earlier this year.
It was supposed to regain independence in 2015, but the reorganization board's control was extended until this year.
«With the new leadership of the NYRA Reorganization Board, we have an enormously accomplished group to assist us in making New York thoroughbred racing the best in the country,» Cuomo said in a statement.
The reorganization board has repaired the finances and started some track improvements.
Michael Del Giudice, a Cuomo confidant and chair of the NYRA reorganization board, said the first order of business after Labor Day is to work on the twice - derailed plan to put the association back in private nonprofit hands.
After years of financial turmoil and management scandals, NYRA was placed under state control by Cuomo in October 2012 in a deal that created a «reorganization board» dominated by political appointees.
NYRA has been under state control since 2012, overseen by a reorganization board that includes public and private appointees.
John Hendrickson, a special advisor to Governor Andrew Cuomo on the NYRA reorganization board and husband of Saratoga socialite Marylou Whitney, recently left his seat.
If there was no agreement, Marchione said NYRA would continue to be run by the reorganization board.
Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos, Assembly Speaker Sheldon Silver, and the New York Racing Association (NYRA) Tuesday announced an agreement to establish the NYRA Reorganization Board that will place NYRA under temporary public control in order to reform the association and transform oversight and management of horse racing in New York State.
The NYRA Reorganization Board will consist of 17 directors.
New Yorkers can be assured that the NYRA Reorganization Board will act in the interests of the members of the public who enjoy horse racing, the taxpayers who support it, and the horses themselves, to make racing in our state the strongest, safest and most enjoyable in the country.»