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About Us

The Kentucky Thoroughbred Association and Kentucky Thoroughbred Owners and Breeders are trade organizations consisting of owners, breeders, trainers, and associate members. We are committed to our members and encourage and thrive on their participation. We believe that united we can succeed in working for the betterment of our industry.

As our associations increase in membership, we broaden our support base and increase our visibility on issues that impact the Thoroughbred industry on local, state, and national levels, while continuing to promote the Kentucky Thoroughbred racing and breeding industry here at home and around the world.

KTA-KTOB Working For You

The KTA-KTOB promotes positive legislation with such industry partners as the American Horse Council and NTRA, and we continue to play an active role in legislative matters of concern on statewide and national levels. In conjunction with the Kentucky Thoroughbred Farm Managers’ Club, we have increased the economic benefits to Kentucky breeders through the Breeders’ Incentive Program.

Services / Information

  • Provide association group health insurance to eligible Kentucky employers
  • Serve as an informational and directional source in equine matters for Kentuckians, as well as visitors from other states and countries

Simulcasting and Purses

  • Developed KTDF (Kentucky Thoroughbred Development Fund), a purse supplement
  • Negotiated with Churchill Downs and Keeneland for the highest percentage of revenue to purses from all sources in the country, including ADW agreements.
  • Instrumental in legislation of whole-card simulcasting and Breeders’ Awards.
  • Continue efforts for the protection of the KTDF and enhancement of Kentucky purse structure.

Horse Health / Research

  • Founding member of the Racing Medication and Testing Consortium; led the national initiative for uniform race-day medication rules.
  • Established KTOB Foundation which funds reproductive-based research.
  • Lobbied successfully to secure $28.5 million in funding from the state for renovation of the University of Kentucky Veterinary Diagnostic Laboratory.
  • KTOB Foundation donated $250,000 matching funds to the University of Kentucky Maxwell H. Gluck Equine Research Center to renovate an equine infectious disease research laboratory

Farmland / Conservation

  • Continually participate in local zoning issues that protect Kentucky farms and our ability to raise horses.
  • Instrumental in developing the Purchase of Development Rights Program (PDR) in Lexington which currently preserves farmland for future generations.

Industry Promotion

  • Developed an international marketing program with Keeneland.
  • Established Scholarship Day with Kentucky racetracks. This includes Runhappy scholarships each worth $10,000.
  • Developed strategic plan for KTA/KTOB’s future, putting in place an aggressive marketing plan for promoting Kentucky-breds.


Chauncey Morris

Executive Director

Chauncey Morris is Executive Director of the Kentucky Thoroughbred Association and Kentucky Thoroughbred Owners & Breeders, a horseman’s group and trade association representing Thoroughbred breeding and racing in Kentucky. Kentucky is the biggest producer of Thorougbred foals in the world, responsible for 40% of the US foal crop, the largest concentration of stallions, veterinary practices and breeding farms, and is home to the largest yearling and breeding stock sales, premier race meetings at Keeneland and the Kentucky Derby at Churchill Downs, and year-round racing at Turfway Park, Ellis Park and Kentucky Downs.


Mr. Morris assumed his position in August 2014. Previously, Mr. Morris served as CEO of Thoroughbred Breeders Australia Ltd. and Aushorse Marketing Pty Ltd in Sydney, Australia, from 2011 till 2014. Mr. Morris was successful in adding horses into the Free Trade Agreement framework between Australia and the People’s Republic of China during the term of Prime Minister Julia Gillard (ALP), attracted new investment from the United States, and was involved in McHugh v. AJC & Ors., a legal challenge which successfully defended the natural cover rules of the Australian Rules of Racing and Australian Stud Book. Mr. Morris also served as sales marketing associate for Keeneland Association from 2005 to 2011, part of the sales team responsible for developing new domestic and international markets, including the Emerging Markets Program on behalf of Kentucky breeders. The Emerging Markets Program is responsible for nearly $1 billion in new sales from racing countries on six continents since its inception.
Mr. Morris is the former chairman of Chairman, U.S. Livestock Genetic Export, Inc., and has a bachelor’s degree in political science from the University of Louisville.



  • Executive Committee, University of Kentucky Gluck Equine Research Foundation
  • Fayette Alliance
  • Lexington Business Council, Federal Reserve Bank of Cleveland
  • Racing & Medication Testing Consortium
  • CASA of Lexington

Jenny McGaughey

Administrative Director / Director of KTDF Registration

Jenny joined the KTA/KTOB in 2009 after graduating college and is currently the Administrative Director and Director of KTDF Registration. She attended the University of Kentucky and earned a Bachelor of Business Administration in Management and a Bachelor of Science in Agricultural Economics.  She was born and raised and continues to reside in Lexington with her husband, Chip, and daughter, Lily.  Outside of the office Jenny is a Board of Director for the Kentucky Hunter/Jumper Association and Secretary and Treasurer for CANTER Kentucky.  She enjoys riding and competing in the jumpers with her multiple GSW and $1 million+ earner off-the-track Thoroughbred, Are You Kidding Me.

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Candace James

Administrative Associate

Lanny Kohnhorst

Lanny Kohnhorst

Racetrack Representative

Lanny started his career in the horse industry as a groom, hot walker and exercise rider in 1963 for trainer Lyle Limerick at Churchill Downs. Lyle trained such horses a Neat N Sweet, Ditto and Argosy. Lanny passed and received his trainers license in 1966 and trained until he took a farm manager position in 1968 for Don Fords Ironwood Farm. Don raced a large stable many of them homebreds.

Lanny returned to the racetrack in 1973 after Ironwood Farm was sold. In 1978, he went to work as the farm manager for Dr. Tom Johnson D.V.M. managing his breeding operation in Oldham Co. In 1982, Lanny became farm manager for Haverhill Farm in Oldham Co. and remained there until 1987 when he and his wife developed their own layup operation at Winners Rest Farm in Oldham Co. They maintained that operation until Lanny took the job with KTA as Racetrack Representative at the Churchill Downs’ office in 1995. He and his wife Dinah reside in LaGrange, KY and have been married for fifty-six years.

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Paul Nachand

Racetrack Representative

KTA/KTOB Board of Directors


Chris Baker

Christopher L. Baker


Three Chimneys Farm

Chief Operating Officer

Chris Baker is a 30-year industry veteran with international expertise in multiple facets of the Thoroughbred business.

The 1986 University of Maryland graduate initially worked in the broodmare, stallion and racing divisions at Lane’s End Farm. He then headed overseas, learning the training craft in racing jurisdictions as varied as England, Australia, and New Zealand. Repatriated to California, Chris was an assistant trainer to Hall of Famers Neil Drysdale and Richard Mandella, working with such Champions as A.P. Indy, Kotashaan, and Phone Chatter, before training on his own.

A return to farm management eventually brought Chris to Ned Evans’ Spring Hill Farm in Virginia, where he served as General Manager for 11 years until that operation dispersed in 2011. During his tenure, Spring Hill produced more than 100 stakes winners and was twice honored as TOBA’s National Breeders of the Year. Chris then served as General Manager at WinStar Farm before joining Three Chimneys in December, 2013.

Walker Hancock

Walker Hancock

Vice President KTA

Claiborne Farm


Walker is the fourth generation of Hancock’s to run his family’s Claiborne Farm which was established in 1910. Claiborne has been a part of his entire life as he learned to work and handle horses at the early age of eight.

After attending Sayre School in Lexington, Walker went on to attend the University of Florida where he majored in Animal Sciences with a minor in Agricultural Sales and Marketing.  While at Florida, he was a student manager for the 2008 National Champion Gators football team.  During summer vacations from school, Walker worked with the yearlings at Claiborne and was also an intern at Keeneland on their sales inspection team in the summer of 2010.

Upon graduation in May of 2012, Walker went to work for trainer Al Stall.  For the 2013 breeding season, Walker was the resident vet technician at Claiborne.  Once the breeding season ended, he spent time shadowing his father Seth until he took over control of the farm in early 2014.

Among the other positions he holds outside of Claiborne, he is Vice President of the Paris-Bourbon County YMCA board, Vice President of the Kentucky Thoroughbred Owners & Breeders and the Breeders’ Cup, and is a member of the American Graded Stakes Committee and The Jockey Club.

Natanya Nieman, D.V.M.

Vice President KTOB

WinStar Farm

Resident Veterinarian

Natanya Nieman is the Senior Resident Veterinarian at WinStar Farm and has been managing the veterinary care at WinStar since 2002. She plays an integral role in the rehab and training facility at WinStar and helped develop protocols for hyperbaric medicine, vibration plate, cold water spa and other therapeutic devices used at WinStar’s innovative rehab facility. A native Lexingtonian, she was involved with show horses and Keeneland Pony Club growing up, studied at the University of Kentucky and completed veterinary school at The Ohio State University. Natanya has a strong interest in the rehoming of Thoroughbred Racehorses for second careers and has been involved with The Retired Racehorse Project, NTWO, and the rehoming of racehorses after the hurricane in Puerto Rico along with other horses from WinStar and Bourbon Lane. She is currently eventing an off-track thoroughbred that was owned by Bourbon Lane Racing. She is married to Mike McMahon of McMahon and Hill Bloodstock, who with his partner, Jamie Hill, operate the Bourbon Lane Racing Partnership and Spruce Lane Pinhook. Natanya and Mike also own and operate Spruce Lane Farm, a commercial breeding operation.

Bill Daugherty


BlackRidge Resource Partners LLC

Co-Founder & Managing Partner

Bill Daugherty is based in Lexington, Kentucky.  He co-founded BlackRidge Stables LLC in 2016, a thoroughbred racing and breeding venture that has interests in approximately 30 horses.  Mr. Daugherty is a co-founder and serves as a Managing Partner of BlackRidge Resource Partners LLC, an independent exploration and production oil and gas company. Prior to co-founding BlackRidge, Mr. Daugherty served as President and CEO of NGAS Resources, Inc. (formerly NASDAQ: NGAS) from 1993 through its merger with a NYSE-listed company in 2011.  He served as Chairman of the Board from 1995 until the merger. Mr. Daugherty founded the predecessor company to NGAS in 1984. Mr. Daugherty currently serves on the Board of Trustees at Berea College, where he received a B.S. Degree in Agriculture in 1976, and is the Kentucky Governor’s Official Representative to the Interstate Oil and Gas Compact Commission, a compact formed by Congress to represent all the producing oil and gas states in the United States.  Also within the oil and gas industry, he has served as president of two Kentucky oil and gas trade organizations, as a member of the Board of Directors of the Independent Petroleum Association of America, and as a member of the DOE’s Unconventional Resources Technology Advisory Committee.  Mr. Daugherty has also served on the Aircraft Owner and Pilot Association’s President’s Council and Board of Visitors, and Eastern Kentucky University’s Foundation Board.

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Dermot Ryan


Ashford Stud


Dermot Ryan is the manager of Ashford Stud, the American division of Coolmore Stud. A native of Co. Tipperary, Ireland, Dermot graduated from the Irish National Stud Thoroughbred Breeding Course before taking a position with Coolmore Stud in Ireland. Following eight years working for Coolmore in Ireland, Dermot relocated to Coolmore America in 1993. Dermot is the current KTA/KTOB Treasurer and was a founding member of the Consignors and Commercial Breeders Association and also spent two terms on the board of the Thoroughbred Owners and Breeders Association. He is currently a member of the Board of Directors of the University of Kentucky Gluck Equine Research Foundation.

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Pope McLean, Jr.

Assistant Treasurer

Crestwood Farm

Director, Business Manager


  • James Baker

    James Baker has been in racing and around horses his whole life.  He started with his father in the 70’s who trained for many years.  In the 80’s he had the opportunity to work for such outstanding trainers – Frank and David Whitley and Shug McGaughey. Working for them was unbelievable as he was around numerous stake winners and champions. Baker started his own stable in 1990 with the help of Shug McGaughey and has had numerous stake winners of his own.  He is currently based at Churchill Downs and Fair Grounds during the winter months.

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    Michael Banahan

    Michael Banahan is the Director of Bloodstock for Godolphin USA. During the early part of his professional career, Michael worked in Ireland, the United Kingdom, Australia, and the United States for Godolphin, Coolmore, Juddmonte, and for trainers Colin Hayes, Guy Harwood and Bill Mott. Michael has worked for Godolphin for the past 29 years both in the UK and primarily here in the US. He is a director of Kentucky Equine Management Internship (Kemi) and on the executive committee of the UK Gluck Equine Research Foundation. Michael is married to Kathryn and have 3 children: Grace, Brian, and Laura.

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    Craig Bandoroff

    Craig Bandoroff is the owner, with his wife Holly, of Denali Stud in Paris, Kentucky.  Denali Stud is a boarding operation mostly involved in breeding and raising horses for the commercial market.  Denali is also a consignment agency and consistently has been a leading top 5 consignor in the industry over the past 10 years.  Bandoroff is also a breeder with a broodmare band of about 15 mares.  Champion Serena’s Song has resided at Denali Stud her entire broodmare career and the farm raised KY Derby winner & Dubai World Cup winner, Animal Kingdom. He has been actively involved in the horse business for over 30 years as a jockey, sales company employee with Fasig Tipton, and a bloodstock consulting firm.  Current Director of the Kentucky Thoroughbred Association/Kentucky Thoroughbred Owners and Breeders, Inc. and Chairman of the Marketing Committee, past President of CBA, a board member of KEEP, an active member of TOBA, a former director of the Thoroughbred Club, a former board member of The Lexington School, and a founding member of the NTA.  The Bandoroff’s have three children and reside in Lexington.

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    Price Bell

    A native of Lexington, Price grew up working for his family’s Mill Ridge Farm; knowing it was a great privilege to weed-eat, hay, or anything else that needed to be done. Following college, Price moved to Charlotte, NC to work in commercial real estate and development. This early career took him to Nashville, TN where he became very involved in Nashville’s blossoming downtown community revitalization. Always promoting and passionate about Thoroughbreds and Central Kentucky, Price jumped at the opportunity to return to Lexington and work with his father, Headley, at Nicoma Bloodstock – the consulting arm of Mill Ridge Farm. With conviction for the sport and believing in the great opportunity to develop our fan base, Price became actively involved with the KTA’s Vision 2020 group and ultimately honored to join the board of the Kentucky Thoroughbred Association, Inc./Kentucky Thoroughbred Owners and Breeders, Inc.  Price serves as a board member of Horse Country, TOBA, The National Racing Museum, Fayette Alliance and the NoLI community development corporation.

  • Stuart E. Brown, II, D.V.M.

    Stuart E. Brown, II, DVM is a partner of Hagyard Equine Medical Institute in Lexington, Kentucky, where he has been in practice since graduating from Tuskegee University School of Veterinary Medicine in 1991.  He was born and raised in Versailles, Kentucky, and graduated from Transylvania University while working locally in the Thoroughbred industry since high school.  Dr. Brown is Chair of the Equine Drug Research Council; current Commission Member of the KY Horse Racing Commission; Chairman of the Gluck Equine Research Foundation; Board of the American Association of Equine Practitioners; Member of the AAEP Public Policy and Welfare Committee; Board of the EEI/ Rolex Three Day Eventing Championships; Trustee to the AVMA Professional Liability Trust, and Legislative Committee of the KVMA; active on the UK Veterinary Livestock Disease Laboratory Advisory Committee.  In addition, he is a current Director of the Kentucky Thoroughbred Association, Inc./Kentucky Thoroughbred Owners and Breeders, Inc., serves on the KTA/KTOB Scientific Advisory Committee for the KTOB Foundation and is Treasurer of the KTA PAC.  He says of his tenure at KTA/KTOB, “I believe strongly in the mission of the KTA in its advocacy for the industry in the Commonwealth and its leadership position in maintaining Kentucky as the Capital of the TB Industry. This organization represents the interests of the breeders and stakeholders as stewards of the industry for generational deliverance of the ideals and cultures that have served this business to allow it to attain its present-day position. The appointment to the KTA Board has represented one of the most important positions for which I have been appointed on to serve for both my profession and as a breeder.”

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    Patrick Costello

    A native of Kilkenny, Ireland, Pat came to Kentucky in 1984 to pursue his love of horses. Starting at Ashleigh Stud, he moved to the new Rood and Riddle, where he received agreat foundation training for 18 months. This led to the job of developing and managing Crescent Hill Farm for 10 years for the Slitz family, from where it was then time to branch out on his own. He started Drumkenny Farm in 1996, which was a 200 acre full service boarding operation. It was during this time that he became a member of various pinhooking partnerships, which not only led to introducing many friends to life as thoroughbred owners, but further revealed his love of the sales business. In 2001, Pat was a founding member of Paramount Sales, and he quickly realized that it would be impossible to fully commit to both jobs, so he decided to step away from the farm and concentrate on bloodstock sales. Since its inception, Paramount has been a top 10 leading consignor. Missing country life, Pat moved to 30 acres in 2013, where he breeds a small band of mares, and pinhooks weanlings with several partners. He and his wife, Lynne, have a daughter, Ali, who is an Athletic Trainer at Florida Atlantic University, and a son, David, who is a senior in high school. Pat loves this industry, and still believes that Kentucky is the center of the thoroughbred world. He is excited to be a part of the KTA, and hopes to be able to help promote Kentucky breeders and horses worldwide.

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    Thomas Drury, Jr.

    Tommy Drury is 50 years old and was born in Louisville, Kentucky. He has been a licensed Thoroughbred trainer since age 18. He has two children and lives in Prospect, KY.

    Tommy has spent most of his career either stabled at, or managing, training centers, as well as working for other trainers. He’s been involved with several G1 winners and countless stakes winners. He is currently stables at both Skylight and High Pointe training centers in Kentucky, as well as having a barn at Churchill Downs. “I have spent my entire career racing in Kentucky on a year-round basis,” says Tommy.

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    Fergus Galvin

    Fergus is a native of County Meath, Ireland, and graduated from the Irish National Stud in 1991. He moved to Kentucky in 1992, held positions both Pin Oak Stud and Newgate Stud before a 6-year stint at Ashford Stud. Fergus started Hunter Valley Farm with partners Adrian Regan, John Wade and Tony Hegarty, now a successful Boarding and Sales operation. Mr. Galvin also serves as U.S racing manager for Qatar Racing.

  • Anne Archer
    Anne Archer Hinkle

    Anne Archer Hinkle, with her family, own Hinkle Farms in Paris, KY. The farm, which is home to about 40 of the family’s broodmares, primarily breeds to sell in the commercial market. Anne Archer works closely with farm management and is actively involved in the day-to-day operations of the farm. She also specializes in bloodstock research & acquisition, stallion matings, and sales coordination. She earned her bachelor’s degree from Centre College in 2012 with a concentration in History and Spanish. She is currently pursuing a Masters in Business Administration from the University of Kentucky and plans to complete the program in May 2020. Anne Archer was appointed to the KTA board in early 2018. She serves on the marketing committee and is working with other board members on relaunching a program to educate and attract more young people to the Thoroughbred industry. Anne Archer and her husband, Farley Stephenson, live in Lexington, but they love nothing more than spending time on the farm in Paris.

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    Paul McGee

    Paul was born in Louisville, Kentucky in 1962 and resides there with wife Angie, who manages payroll for McGee’s public stable. They have four children – Matthew, Margaret, Alex and Eddie. Paul grew up in the Derby City where he and his three siblings – all first-generation horsemen – developed their interest in racing through their proximity to Churchill Downs.  Brother Marty is a columnist for the Daily Racing Form; younger sister Amy is married to and keeps the books for Southern California-based trainer Ron Ellis whose stable includes Declan’s Moon, 2004’s 2-year-old champion; and older sister Susan has previously worked in group sales for Hollywood Park.  Paul got his start in racing at age 15 by walking hots for conditioner Jerry Calvin and later galloped horses for trainers Angel Montano Sr. and Carl Bowman. After attending Louisville’s St. Xavier High School, he graduated from Bellarmine University with a degree in chemistry. “My Dad sells water treatment chemicals,” McGee said. “It was kind of a fall-back.  If it didn’t work out at the racetrack, I would go to work for him. He never objected to me coming to the racetrack. He’s 100 percent behind me.” Paul took out his trainer’s license in 1987 and saddled his first winner, Pabarene, at Churchill Downs that year.  Graded stakes winners include Eyes On Eddy, Balthazar B., Bet On Sunshine, Dream Run, Honor in War, I Believe in You, Miss Pickums, Suave and Twilight Road.  Earned first outright training title at the winter/spring meet at Turfway Park that concluded in 2007.  McGee’s Breeders’ Cup appearances came with Suave, who finished fifth in the 2005 Classic, and Bet On Sunshine, who finished third in the Sprint in 1997 and 2000 and 13th in 2001.  “He was a foundation horse for me, and a lot of people associate me with that horse,” he said of Bet On Sunshine, who continued to race until he was a 10-year-old and retired with nearly $1.5 million in earnings.  At age 15, Bet On Sunshine lives a life of leisure at Hermitage Farm near Goshen, Ky.

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    Neil Pessin

    Neil was born in Lexington, Kentucky, and has been involved in the Thoroughbred business his entire life. His family owned Winchester Farm, a 500-acre breeding farm. Among the stallions at Winchester Farm was perennial leading sire Olden Times. His family also built the Kentucky Training Center and Dueling Grounds (Now Kentucky Downs). Neil has been training for about forty years. Currently Bell’s the One is his best horse. Neil plans to be the voice for horsemen and the true welfare of the horse.

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    Kim Smith

    Kim Smith is a graduate of the University of Louisville and resides in Prospect, Kentucky.  As a thoroughbred yearling and breeding stock sales agent servicing clients across four continents, Kim has selected prospects including graded stake performers and producers, Breeder’s Cup entries and a four-year-old Malayan champion. Kim has been a long-standing thoroughbred industry service provider since becoming the stable manager at the Kentucky Derby Museum early in her career.  There she implemented adoptable horses into the museum’s tour program, and this led her to create Moserwood Farms LLC, a broodmare care, foaling, breaking and lay-up facility near Churchill Downs.  Kim passed her Kentucky Race Commission trainer’s test and is the Founder and Executive Director of Second Stride, Inc., a 501(c)(3) transitional safety net aftercare program for thoroughbred horses.  Since its founding in 2005, Second Stride has grown into a leading national equine adoption program by horsemen for horsemen. Kim has affiliations with syndicate ownerships and professional industry program memberships such as K.E.E.P, KHC, T.O.B.A., KTA/KTOB, NTRA, and TAA.  She provides a range of professional services to industry partners, including aftercare educational material, consultations and speaking engagements. In her personal time, Kim enjoys watching her sons play sports, eating out with her husband at Kentucky Proud locally owned restaurants and hitting the trails or local shows with her horses.

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    T. Wayne Sweezey

    T. Wayne Sweezey, along with his wife Cathy, own and operate Timber Town Stable. Originally from Maryland, Wayne has managed farms since the early ‘80s. Prior to the inception of Timber Town, Wayne served as General Manager and ultimately as Partner of Darby Dan Farm. In the 20 years as head of operations, Darby Dan flourished. In 2009 Sweezey chose to operate independently and with Cathy founded Timber Town Stable. Today, Timber Town and staff oversee 400 acres of farmland and care for over $70 million in bloodstock, including champions Havre de Grace, Songbird, Groupie Doll and Canadian Champion Irish Mission.

  • Jeff Thornbury
    Jeffrey D. Thornbury

    Jeffrey D. Thornbury, KTA-KTOB board of directors for over 20 years.  Multiple Graded Stakes winning trainer for more than 35 years.  Owner and manager of Sunnyside Stock Farm, LLC, a full-service Thoroughbred farm in Paris, KY.

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    Ned Toffey

    Ned has been the General Manager at Spendthrift Farm since B. Wayne Hughes set up shop in Kentucky in 2004. He graduated from the University of Massachusetts at Amherst, with a degree in Sport Management, where he also lettered in football. Ned is a lifelong fan of horses and racing and started work in the breeding industry in New York State. Working at Kinderhill Farm and then as Farm Manager at Prantlack Farm, he and his wife Katie then relocated to Lexington. After a stint at Brookdale Farm in Versailles he held the position of Broodmare Manager at Dixiana Farm and at Three Chimneys Farm, prior to assuming his current position at Spendthrift. Ned is a past board member of Thoroughbred Charities of America and a current board member of the Jockey and Equestrian Initiative and the Gluck Equine Research Foundation, both at the University of Kentucky. Katie and Ned are the parents of four children; Matthew, Megan, Daniel and Annie.

Directors Emeritus

  • Clifford Barry
  • James G. Bell
  • Darrell Brown
  • Waddell W. Hancock II
  • Neil A. Howard
  • William L.S. Landes III
  • Braxton Lynch
  • Pope McLean, Jr.
  • Garrett O'Rourke
  • Frank Penn
  • R. Alex Rankin
  • Don M. Robinson
  • Frederick J. Seitz
  • Joseph Seitz
  • R. Eric Waldman