Zemancheff steps down from Waratahs Rugby Board
30/07/2012
Edwin Zemancheff has today stepped down as Chairman of the Waratahs Rugby Board of Directors.
Zemancheff was appointed Waratahs Rugby Chairman in December 2009 and in two seasons has helped the organisation establish a strong financial position and secured a high calibre Board that will enable Waratahs Rugby to deliver a sustainable future for the whole of Rugby in NSW.
Established in June 2010 as a distinctly separate and independent entity to administer all aspects of professional Rugby in NSW, Waratahs Rugby last year contributed $1,175,000 to the New South Wales Rugby Union community game through License Fees and other grants and still recorded a net operating profit of $49,990.
Having completed his objective of leading the new organisation through two full seasons, Zemancheff’s decision to step down allows him to pursue his other non-executive directorships. A respected and successful businessman and lawyer, Zemancheff has 20 years’ legal experience as a partner in a global law firm. He serves on the Board of a number of other public and private companies and previously held a non-executive director position with the New South Wales Rugby Union and was its Chairman between 2008 and 2010.
A decision on his replacement will be made in due course.