Equibase CEO resigns post

Phil O'Hara Jr., since 2004 the president and CEO of Equibase, the official database supplier of the Thoroughbred racing industry, has resigned. He will be succeeded as president by Hank Zeitlin, Equibase's current chief operating officer, the company announced on Monday.

O'Hara said on Monday that he was leaving to pursue a private business opportunity in the Thoroughbred racing industry, but said he was not prepared to comment on the exact nature of the business.

Zeitlin will retain the position of chief operating officer, and Alan Marzelli, Equibase's chairman and a former chief executive of the company, will take the title of chief executive officer, according to Bob Curran, a spokesman for Equibase.

Equibase is owned by a partnership of the Thoroughbred Racing Associations, a consortium of racetracks, and The Jockey Club.

Also on Monday, Equibase announced that it would distribute a $1 million dividend to its owners.