Magic Millions is pleased to announce the appointment of Dr. Stephen Silk as Managing Director commencing October 4 2010. Stephen is a Bachelor of Veterinary Science and has a Post Graduate Diploma in Marketing.

Stephen commenced work as a practicing vet in Victoria and then Ireland and then joined the Veterinary Division of The CSL Group which today is a major global company based in Australia with over 10,000 employees in Australia, Germany, Switzerland and the United States. The company is involved in the invention, production and marketing of Plasma products, vaccines and pharmaceuticals.

Stephen spent more than 15 years working with CSL and in 2003 was Marketing and Sales Director CSL Pharmaceuticals.

In 2003 Stephen 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 Stephen moved to the role of General Manager Flemington Racecourse with responsibility for all operations at Flemington. Stephen has also served as a Committee Member of the Melbourne Racing Club.

Stephen and his family have been passionate horse breeders and racers for generations with his most notable horse participation being the great Lee Freedman trained stayer, Naturalism.

It is clear that Stephen brings a wealth of racing, breeding and most importantly business experience to Magic Millions.

David Chester, our current CEO who has been in the role for 10 years and asked to be able to step aside from his day to day CEO duties to a role as full time roving ambassador for Magic Millions reporting to Stephen with a focus on David’s 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.