Simon Love has been appointed chief executive officer of the Victoria Racing Club with immediate effect.

Love has been executive general manager corporate, finance and strategic initiatives since 2010 and previously held executive roles in the gaming industry with Crown Limited and TABcorp and in the finance sector with Macquarie and ANZ Bank.

He replaces David Courtney, who left the job last year due to ill health, and Julian Sullivan, who has been acting CEO.

“Before our process had been completed, Simon had accepted an offer for another CEO position, but we are delighted he decided to accept the VRC role when it was offered,” VRC Chairman Michael Burn said in a statement.

“Simon has had a leadership role with the VRC for more than four years, during which time he has overseen a significant technology transformation and key elements of the club’s masterplan.”

Love said he would focus on delivering the next phase of growth for the VRC.

“Victorian racing faces unique issues with opportunities around media rights and increased competition from interstate and overseas clubs and other forms of entertainment,” Love said.

“I am delighted that the board has shown faith in my ability to take on the role of CEO.

“I am also pleased that Julian has offered me his support and following his resignation has agreed to stay on in an executive role for the rest of the year.”

Daryl Sherer