4Racing confirms that Fundi Sithebe has decided to step down as CEO.
After dedicating herself fully to the role for four challenging years, the increasing demands on her time and personal life have led her to reassess her career direction.
“In recognition of her outstanding contributions and commitment to our transformation, Fundi will remain in her role until the end of May 2025, ensuring a stable and well-managed transition as she sees out the Champions season,” read a media statement.
“The Board remains committed to the ongoing success, transformation, and stability of 4Racing and will work closely with Fundi during her remaining tenure to ensure a seamless handover and to identify future leadership that can build on the remarkable progress achieved thus far.
Further details regarding changes in our executive oversight will be communicated in due course,” continued the statement.
We thank our partners, regulators, and the broader horse racing community for their continued support during this transition, said the media release.
Image (Fundi Sithebe steps down as 4Racing CEO).
