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Our People |
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ADVISORY BOARDS |
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Management has chosen a select group of individuals to form three separate advisory boards. Members have a wide array of skills encompassing many aspects of both the business and racing worlds. Management understands the vital need to use all of the relationships and resources it possesses. Management will rely on the abilities of its advisory boards to make recommendations that will maximize shareholder value. |
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Equine Medical Center Management Team |
Dr. Patricia Hogan, DVM, ACVS
Dr. Patricia Hogan, DVM, ACVS, is a world-class equine surgeon. She is world renowned for her portfolio of work that includes some of racing's most famous horses. She has garnered a reputation through a combination of brilliant surgical skills and an outstanding bedside manner. Dr. Hogan has become one of the two most recognized surgeons in the country and was the subject of worldwide publicity when she successfully treated eventual Kentucky Derby winner Smarty Jones after the colt suffered a devastating injury as a two year old.
Dr. James C. Hunt, DVM
IEAH has retained the services of Dr. James C. Hunt, DVM. He oversees more than 1,200 horses on the Belmont grounds alone and 60 percent of the thoroughbred population at the New York Racing Association's racetracks. Dr. Hunt will play a key role in staffing and will serve as head veterinarian of the medical center. He is committed to providing IEAH's medical center with world-class surgeons and staff. He has already begun the process of interviewing potential staff members and IEAH anticipates contracting with some of the most prominent names in equine healthcare. IEAH recognizes that a first rate staff is absolutely essential to a quality facility and it intends to build an infrastructure similar to that of Rood & Riddle.
Dr. Hunt obtained his veterinary degree from the University of Minnesota in 1979. He served internships under the tutelage of several prominent veterinary surgeons before forming his own practice. Dr. Hunt now heads up one of the largest and most prestigious equine racetrack practices in the entire country. His diagnostic abilities and insight are well respected throughout the industry in the United States and Europe.
Eric Bishop, LVT (BSVS)
Management has also come to terms with well-known radiologist technician, Eric Bishop, LVT (BSVS). He has gained a reputation as a first-class diagnostic technician in digital radiography. Mr. Bishop combines years of experience with a demonstrated record of staying ahead of the technology curve. He has received numerous accolades for his work, including the recent finding of a difficult-to-diagnose condylar fracture on the world-renowned Afleet Alex. Mr. Bishop will provide valuable services in several key areas, including nuclear scintigraphy, MRI, digital radiography, hospital design, and general hospital administration.
Michael Iavarone
Mr. Iavarone started IEAH in April 2003. He has eleven years of investment banking experience at various investment banking firms. From 2000 through early 2003, he was self-employed as a private investor and entrepreneur. Mr. Iavarone earned a bachelors Degree in Business Administration from St. Joseph's College.
Mr. Iavarone has had successful campaigns with several quality horses as a private owner and intends to provide that expertise to IEAH. In his short tenure as CEO of IEAH Holdings, he has acquired several multiple stakes winners, and has made IEAH Stables one of the most prominent racing stables in New York. Mr. Iavarone has directly participated in the selection and acquisition of IEAH Stables' graded stakes winners Wonder Lady Anne L, Rebel Rebel, Kazoo, and Willy o'the Valley.
Richard J. Schiavo
Mr. Schiavo joined IEAH in 2004. Mr. Schiavo has more than twenty-five years of diverse experience in the financial services industry, with such firms as Smith Barney, Lehman Brothers, and E.F. Hutton, the last twelve of which were in the private client segment of the business. From 1997 through 2003, Schiavo concentrated predominantly on personal and family business.
Mr. Schiavo's professional experience and capabilities have further enhanced IEAH's administration and management structure. While at Smith Barney, Inc., Mr. Schiavo served as an Executive Vice President and the Chief Administrative Officer of the Private Client Group, which generated $3.6 billion in revenues and consisted of more than 500 branch offices and 11,000 financial consultants. Reporting directly to the President of Smith Barney, he was responsible for the establishment, communication, implementation, and control of the group's administrative and financial policies.
John A. Roberts
Mr. Roberts, a retired international Architect and a Fellow of The Royal Institute of British Architects (FRIBA), was born in Lincoln, England. Since 1993 he has been a resident of Lyford Cay, Bahamas. Roberts has supported and been involved with IEAH Holdings since its inception. He has a long-term interest in horse racing and has regularly attended UK meetings.
Mr. Roberts commenced architectural practice directly after leaving full time education in 1953 and founded John Roberts Architects Limited (Lincoln, England) from which he practiced throughout the United Kingdom. He has successfully completed projects in Oakland, California and Princeton, New Jersey, as well as in Europe and the Middle East. His most prestigious project was The King Fahd International Stadium Riyadh, Saudi Arabia, which was designed to precise Olympic standards/80,000 seats and completed in 1986 at a cost of some $650 million.
He was also involved in various business ventures including setting up and developing a direct selling business, which he sold. He has financed and directed the redevelopment of home estates in the UK, apartments in Mougins, France and has restored listed buildings and been involved with various retail and commercial developments. Mr. Roberts is still involved in development and brings his years of experience to this field.
Baldassano Architectural Group
Baldassano Architecture is an established leader on Long Island; providing design services to the private and public sector since 1974. The practice offers a diverse range of design services to meet the challenges of the ever-changing marketplace. The firm has a proven track record with clients for the design of new buildings as well as the renovation of existing facilities. The areas of practice are focused on the educational, municipal, commercial, health care, industrial, recreational, hospitality, retail and residential markets. The firm's guiding principles create living and working environments that are both innovative and pragmatic and deliver creative spaces through an "on time, on budget" philosophy.
The firm's built work includes notable buildings for many of Long Island's key enterprises; Symbol Technology, Computer Associates, Parr Organization, Tritec Real Estate, Touro Law School, Dowling College, Suffolk Community College, and the Southwest Concourse for McArthur Airport.
Fletcher Thompson
Fletcher Thompson has evolved into one of the largest and most respected "full-service" architectural and engineering firms in the Northeast. In 1908, E. Leslie Fletcher established a practice specializing in industrial architecture in Bridgeport, Connecticut. Charles L. Thompson joined Mr. Fletcher in 1909 and, on February 5, 1910, the firm incorporated as the Fletcher Engineering Company, subsequently becoming Fletcher-Thompson, Incorporated in 1914.
This firm is organized to provide highly specialized design expertise via dedicated practice groups of professionals with extensive experience in markets that include business and industry, healthcare, and engineering. The services provided by the firm include architectural and planning, facilities management, and structural engineering.
Edward N. Rothe, FAIA, was co-founder of Rothe Johnson Fantacone. He has 35 years of experience in the design of a wide variety of building types. He serves as Principal of the firm's Healthcare Practice Group and plays a formulative role in the design and planning of real estate development projects for the firm's Business and Industry Practice Group.
Petrocelli, John M. Jr.
As President of J. Petrocelli Contracting, Inc. ("JPC"), John Petrocelli has been responsible for administration, oversight, and full-time supervision of construction development for 30 years, starting as a laborer, carpenter, superintendent, project manager, and then President. Mr. Petrocelli has experience in the construction of hotels, hospitals, municipal buildings, and health facilities, as well as commercial, industrial, historical, residential facilities and educational institutions. He believes in a hand-on experience, which transcends into a sincere dedication and focus when making a commitment to any client or owner. The JPC firm has bonding capacity to over $100 million for projects that are of interest and merit to our local region. The YMCA, St. Joseph's College, and Gurwin Jewish Geriatric Center are a few fund-raising organizations that JPC supports.
Sherb & Co., LLP
Sherb & Co., LLP is a full-service CPA firm that offers new and existing clients the opportunity to experience a unique and outstanding exceptional client service philosophy. With offices in New York City and Boca Raton, Florida, the fundamental client service philosophy is to gain an intimate understanding of every client's business; to staff each engagement with the most qualified team of professionals which includes a commitment to providing extensive partner involvement; and, to monitor overall performance through a system of effective communication between team members and the clients they serve.
The approach at Sherb & Co. is one of personalized service, which means among other things, that the supervision of every engagement is under the direct control of the firm's partners or principals. Furthermore, personalized service means that every professional in the firm is held accountable for his or her contribution to the overall client experience.
In compliance with ethical and professional standards and regulatory requirements promulgated by the American Institute of Certified Public Accountants (AICPA) and the Public Company Accounting Oversight Board (PCAOB), Sherb & Co. has gained recognition as being among "The Top 20 Local and Regional SEC Audit Firms in the United States."
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Stables Advisory Board |
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Daniel Barraclough |
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Daniel Barraclough studied animal science at Cornell University and received his master's degree there in 2000. He served as the Cornell Equestrian team's assistant coach 1997-99, following a dozen or so years in which he rode show horses and competed in the northeast.
In 2003, Barraclough opened Saratoga Glen Farm, his first commercial breeding and boarding venture, in upstate New York. He had begun breeding Thoroughbreds seven years earlier with a focus on preferred sale-quality New York-breds.
The farm typically boards between 25 and 50 horses, and the current business incorporates the boarding and raising of mares and foals, sales consignments, and standing stallions. His clientele includes trainers such as Nick Zito, Richard Violette, and Carlos Martin, and prominent owners Sarah and Ken Ramsey, Rick Pitino, and Peter Fuller. |
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Richard Dutrow Jr. |
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Richard Dutrow Jr. is rapidly becoming one of the most recognized names in the Thoroughbred training profession. Mr. Dutrow has led trainers in wins on the NYRA circuit in 2001 and 2002. In 2003, his purse earnings were nearly $5 million, which placed him in the top 20 trainers in North America. He won 132 races in 2003, and has continued to win at a strong clip in 2004.
Mr. Dutrow won the trainer's title at the Aqueduct inner track meet (Dec. 3, 2003, through March 7, 2004, inclusive) when he won with 47 of 124 starters (38%). The next trainer on the leader board had 23 wins. Mr. Dutrow runners earned more than $1.5 million in purses at that meet.
Mr. Dutrow trains more than 100 horses, and races his stock most frequently in Florida and New York. He posted two of the biggest wins of his career in 2004 when Offlee Wild won the Grade 2, $500,000 Massachusetts Handicap at Suffolk Downs, and Love of Money won the Grade 2, $750,000 Pennsylvania Derby at Philadelphia Park. |
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Dominick Schettino |
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Dominick Schettino, 38, got his start in Thoroughbred racing in the mid-1980s, and worked as an assistant trainer to Dominick Imperio before training on his own in late 1992. His typical year since is one of 10-20 wins with limited starters and a connect rate of 10-15 percent, but he enjoyed a career year in 2004 winning with 29 of his 148 runners (19%, 41% in-the-money).
In 2004, Schettino's wins, win percentage, in-the-money percentage, and purse earnings (nearly $1 million) all represented career highs. Bettors were rewarded with a positive return on investment if backing all Schettino runners - something that can be said for several prior years, also.
Schettino in 2004 developed Galloping Grocer, a blowout winner of his first three career starts, second-place finisher in the Grade 2 Remsen, and a promising candidate for the 2005 Kentucky Derby as a 3-year-old.
Other career highlights for Schettino include winning a pair of graded stakes races with Serious Spender and competing in races such as the Champagne (Slick Twist) and Travers (Rank and File).
He generally maintains a string of between 20 and 30 runners, and is based at Belmont Park in barn #59. His association with IEAH Stables began in January 2005.
Schettino is a Bronx, New York, native. |
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John Terranova II |
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John Terranova II, 34, began to gain an interest in racing at a young age through his father, John, who owned Thoroughbreds. Terranova II often went to the barns, enjoyed going to Saratoga every summer, and after studying business for 2 ½ years at Boston College, he took a break to work at the racetrack and never went back to school.
He worked as an assistant to trainer Dominick Imperio before taking out his trainer's license in 1992.
Now based at Belmont Park (barn #7), Terranova II also typically maintains a winter division in Florida to race at Gulfstream Park and usually oversees 20-30 horses. When in Florida, his New York operation is tended to by his wife and assistant trainer, Tonja Terranova. Tonja, who previously worked as an assistant for trainers Bob Baffert and Brian Mayberry, often cares for Baffert's shippers. In the fall of 1999, she saddled the Baffert-trained River Keen to victories in the Grade 1 Jockey Club Gold and Woodward handicaps.
John has trained horses for prominent owners such as Gatsas Thoroughbreds LLC and Team Valor Stables LLC. His career highlights include training Gander, a career earner of more than $1.8 million in purses and a multiple New York-bred champion; Shadow Caster, winner of the Grade 2 Forego Handicap at Saratoga in 2000; and Star of Valor, winner of the Grade 3 Aqueduct Handicap in 1998.
Gander, retired in the summer of 2004 at age 8, raced steadily under Terranova II's supervision for four years and along the way won eight of 35 starts including the Grade 2 Meadowlands Cup, $250,000 Empire Classic Handicap, and Evan Shipman and Kings Point handicaps.
Terranova II has achieved his career-best statistics since 2000, generally winning with about 15-percent of his runners and finishing in the money with between 38 and 45 percent of his runners. In terms of purse earnings, his best years came in 2001 and 2002 when his horses earned between $1.2 and 1.4 million in purses in each year.
Terranova II was born in Syosset, New York, and his association with IEAH Stables began in January 2005. |
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