New Executive Committee Takes Immediate Action

News

FOR IMMEDIATE RELEASE -- December 15, 2007
Contact: Chuck Cadle, 931-359-1574

The executive committee of the Tennessee Walking Horse Breeders’ and Exhibitors’ Association^SM (TWHBEA^SM) met today at the association headquarters. In the two weeks since their election, executive committee members have been meeting with TWHBEA staff and reviewing documents to assess the association’s financial position and determine which issues should be addressed.

The executive committee took action on the following items:

- The TWHBEA sanctioning plan has been rescinded, however TWHBEA will continue their status as an HIO.

- Stan Butt has been hired as interim executive director to transition the duties of Chuck Cadle during the remainder of his term. Butt was previously the editor of the Voice Magazine™ and will serve as executive director until the position is filled on a permanent basis.

- The executive committee accepted the resignation of Kristi Lane, effective immediately.

- The executive committee voted to no longer retain the services of attorney Craig Evans. They will negotiate with Evans regarding his position as HIO liaison.

- TWHBEA will combine efforts with the Walking Horse Owners’ Association (WHOA) to promote the Tennessee Walking Horse Academy Program and host the 2008 Winter Tournaments. More information on the joint academy program will be released by WHOA in the coming weeks.

“This is an important time for our association,” said David Pruett, president. “I wish we weren’t in this financial position, but unfortunately we’re having to make some tough decisions. I commend every member of this executive committee for their diligence and commitment to putting our association on a sound financial track.”

Further information on these decisions will be released at a later date.