Larry Taylor with his wife, Denise (right), and Robin Traywick Williams at the July Thoroughbred Retirement Foundation fundraiser at Colonial Downs.

Longtime Thoroughbred owner and breeder and retired tobacco industry executive Larry Taylor has been appointed chief executive officer of the Thoroughbred Retirement Foundation, the oldest and largest nonprofit association devoted to the aftercare of racehorses, according to a recent news release from the Thoroughbred Retirement Foundation at James River.

Taylor will oversee the TRF's multistate operations from the TRF's facility at the Kentucky Horse Park in Lexington, Ky., where the organization will now be headquartered, the release stated.

A native of Lexington, Taylor grew up near Keeneland Race Course and has actively been involved in the Thoroughbred industry for more than 20 years. He is the founder of Taylor Hall LLC, a commercial breeding and racing operation in Midway, Ky., and has been involved in the development of Hurricane Hall and Pauls Mill farms in central Kentucky.

Taylor spent more than 25 years as an executive with Philip Morris, managing various operations in South America and Asia.

Taylor currently resides in Richmond but will be relocating to central Kentucky, according to the release.

"Larry is a great fit for this new position: a seasoned executive whose ties to Kentucky and the industry will help move the TRF to the next level," said TRF President (and central Virginia resident) Robin Traywick Williams in the news release. Williams is also former chairman of the Virginia Racing Commission and co-founder of the TRF's program at James River Work Center in Goochland County.

Larry’s five tips for people thinking about getting into the horse business: 

1) A passion for the horse. This is first and foremost. A love and appreciation for the majestic beauty, athleticism, and competitiveness of this beautiful animal. This passion will automatically instill an attention to detail which is a formula for success;

2) Do not be afraid to start at the bottom and learn all facets of the industry. Experience is key. It is an industry where you must "put in your time and learn the ropes";

3) Try to work for or find a top level mentor. Whether it be a trainer, breeder, or industry leader, learn all that you can from his/her knowledge and experience;

4) Education: A background in animal husbandry and agribusiness is a big plus; apply for programs such  the Darley Flying Start International Student Program (an International Management Training Program for the Thoroughbred Industry);

5) A commitment and dedication to being dependable, honest, trustworthy, and respectful towards all aspects of the profession.