The CEO of The TBA of South Africa, Kevin Woolward,  has resigned according to Chairperson of the association, Susan Rowett. 

The effect is immediate and the Kzn Sale and National Two Year Old Sale will take place with assistance from outside companies including Michael Holmes Bloodstock and the Equine Group, with respect to the administration. 

The TBA has undergone major changes, some not popular, throughout the reign of Woolward including numerous staff and services provider changes. 

Like any CEO one has to base success on one's leadership and results. Unfortunately, the National Sales were down by a large margin this April and Woolward was under pressure. 

It comes as no surprise that he resigned. Many industry insiders had questioned his appointment in the first place as this type of position usually demands numerous industry related attributes and a vast contact base in the industry in order for success.

The MBL graduate, with an exceptional accounting background, had come in with no known industry experience, again highlighting the need for industry knowledge in key appointments.