Greg Denham finally got one right
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Top Tiger leaves Punt Road den
Greg Denham
The Australian
November 14, 2005
BUSINESS pressures have forced Richmond president Clinton Casey to step down as a director, with Gary March taking over the presidency.
A year after surviving a bitter attempted coup, Casey, 46, vacated his position of nearly six years on the weekend because of increased business pressures.
March, 44, who was appointed to the board at Punt Road in October 2002, is managing director of Concept Sports International.
New vice-president is Merrill Lynch chief executive Maurice O'Shannassy, a director for less than 12 months.
Casey's place on the board has been taken by lawyer Peggy Haines, who becomes the club's first female board member. Haines is a partner at Freehills after relocating from the United States in 1989.
Casey, president of the Tigers since December 1999, defied last year's long-running boardroom challenge and eventually retained control in a landslide election victory over an alternative rebel ticket headed by former directors Charles Macek and Brendan Schwab.
During one of the Tigers' lowest periods, Casey's nine-member board was re-elected last December with Casey reappointed as president for another three years.
However, as revealed exclusively in The Australian in August, Casey was forced to reconsider his position because of a massive workload increase in his positions as managing director of Retirement Services Australia and chairman of Links Living.
"To stay, I would have needed to do justice to both the football club and my business interests, which is now not possible," Casey said yesterday. "For the first time in decades, I believe we are a united club on all fronts and that's one of the most pleasing things from my point of view."
Richmond has had a volatile history on and off the field, but particularly in more recent times due to the Tigers' lack of success.
But Casey stemmed further rebellions this year and brought calm as Richmond's financial and on-field standings improved markedly.
Casey's board and other senior people at Richmond wanted him to remain at the helm, even if not full-time, but he said he could not do his position justice in a part-time capacity.
Richmond will reverse a $2.2million loss last year with a small profit this year, and won 10 matches under new coach Terry Wallace, six more than in 2004 when it took the wooden spoon.
March yesterday described his upgrade as a smooth transition. "I've been here for almost four years so it's business as usual for us," March said. "We've got the right model in place and there will be no great changes."
Casey missed attending six matches last season and has been forced to cut his time at the club by more than half. He spent between 10 and 15 hours a week on football matters, compared to between 30 and 40 in previous years.
In 2003, Casey donated more than six months of his time when he acted as the club's full-time general manager on a voluntary basis, while the Tigers were in between chief executives.
Before last year's election, Casey informed members he would resign within 12 months if the Tigers did not meet their budgets and demonstrated on-field improvement. Richmond has since well and truly achieved both.
Casey was appointed to the Richmond board in a period of instability almost six years ago and took over as president from Leon Daphne. During his time, the club has had three chief executives and two coaches.
"I'd like to think I gave Richmond everything I had," Casey said. "Most of us started off here in 2000 as rookies and I'm proud that the club is now set up with one of the most experienced groups in its history, from the CEO to the coach to the football manager.
"We've got a dedicated plan on and off the field to ensure a future of sustainable success."
Two years ago Casey provided a personal guarantee with the ANZ Bank over $1.7million worth of the Tigers' debt.
http://www.theaustralian.news.com.au/common/story_page/0,5744,17235311%255E36035,00.html