Fernung Elected As President of FTBOA; Dailey And Matthews Named To Board

by | 10.20.2016 | 6:22pm
Brent Furnung (Serita Hult photo)

Valerie Dailey, Brent Fernung and Phil Matthews, DVM have been named to the Florida Thoroughbred Breeders' and Owners' Association board of directors while George Isaacs and Milan Kosanovich return to the board, it was confirmed at the FTBOA annual meeting Thursday. Each of them will serve three-year terms that will run through 2019. 

Leaving the board because of term limits outlined in the FTBOA by-laws were Charlotte Weber and Roy Lerman while Jessica Steinbrenner is also completing her term.

Fernung was also elected as the new president of the Association at the board meeting that followed. He said he was grateful to return to the board and welcomed the other two new members. 

“I am very happy to return to the board and very honored to be elected president. We are also proud to welcome to the board Ms. Dailey and welcome back Dr. Matthews. I'd also like to congratulate Mr. Isaacs and Mr. Kosanovich on their re-elections.


“While the FTBOA has had many significant accomplishments in recent years, such as increasing breeder and stallion awards to all-time high levels, and has seen record handles on the Florida Sire Stakes, we will be looking for the leadership skills, forethought and other assets from all board members in order to meet the challenges that face our Florida thoroughbred industry, in particular decoupling.” 

The board also named the executive committee for 2016 with Fernung as president while Matthews was named first vice president and George Russell was named second vice president. Joseph M. O'Farrell III will serve as treasurer and Greg Wheeler as secretary. Fred Brei will also serve on the executive committee as immediate past president. 

Fernung and his wife, Crystal, own and operate Journeyman Stud, which was home to the late Wildcat Heir, Florida's leading sire. Journeyman Stud now stands Exclusive Quality, Fury Kapcori, Khozan and Winslow Homer. Fernung began his career at Lasater Farm during its heyday in the late 1970s and was there through 1984. Fernung also served as farm manager at Franks Farm/Southland Division and was the general manager at Cloverleaf. The Fernungs established Journeyman Bloodstock in 1989. Fernung also serves on the Ocala Breeders' Sales Company board, is immediate past FTBOA first vice president, racing committee chair and is currently a racing committee member.

Dailey has a long history of serving both the agriculture and business markets in Central Florida. She has been a Florida Licensed Realtor with Showcase Properties of Central Florida since 2005 where she specializes in listing and selling commercial and agricultural equine properties. She has been a small breeder since 1985 with husband, Hugh, and daughter, Samantha, and has been represented by several stakes winners and a Breeders' Cup starter. 

Matthews is immediate FTBOA board past president and has been a practicing veterinarian in Marion County for more than 30 years. He arrived in Ocala in 1981 as an associate veterinarian at Peterson and Smith Equine Hospital. He became a partner in that practice in 1984 and his veterinary affiliations include the American Veterinary Medical Association and the American Association of Equine Practitioners. As the owner of Cedar Grove Farm in Ocala, Matthews has raised several stakes winners including last year's Grade 3 Pegasus Stakes winner Mr. Jordan and has been involved in all facets of the industry including sales and racing.

Isaacs grew up with livestock on his grandparents' Kentucky farms. He is currently the general manager at Bridlewood Farm where he has served in that capacity since 1996. During that time, the farm bred and raised more than 100 stakes winners and 12 Grade 1 winners including Florida-bred champions Jolie's Halo, Wild Event, Forbidden Apple, Southern Image, David Junior and Eden's Moon. He also helped manage the career of Kentucky Derby and Preakness winner Smarty Jones for Roy and Pat Chapman. Leading Florida stallions Skip Trial, Stormy Atlantic, Halo's Image, Put It Back and Big Drama have all stood at Bridlewood under his tenure. 

Kosanovich is a retired Pennsylvania steel executive. He got involved with thoroughbreds 30 years ago, purchasing his first broodmare as a graduate school business project. He owns a 40-acre farm in Ocala and eight mares. His Go Donna Go is the dam of Macho Again, a Grade 1 winner of more than $1.8 million, and Be Fair. He was presented the 2009 Needles Award when his Florida-breds earned more than $1.6 million from 18 wins, 27 seconds and 21 thirds. Kosanovich has experience serving on nearly a dozen corporate and charity boards and is on the FTBOA governance and audit committees.

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