Olly Tait, managing director of Darley Australia, will replace Dan Pride as chief operating officer for Darley USA.

Pride was named executive vice president and chief operating officer of Fasig-Tipton Co. on Tuesday.

“Olly brings with him international experience having served as the highest level in Europe and Australia,” said John Ferguson, a Darley spokesman and chief adviser to Sheikh Mohammed bin Rashid al Maktoum. “He has looked after Sheikh Mohammed’s bloodstock operations in Australia very successfully and has been instrumental in the development of Darley in that region.”

Tait is excited to begin his new job.

“I am hugely fortunate to be given this opportunity by Sheikh Mohammed, and I am looking forward to the fresh challenges that the role will bring,” Tait said.

Jimmy Bell, president of Darley USA, praised Pride’s contributions.

“Dan Pride, who has spent six years with Darley, will be a hard act to follow,” Bell said. “He has made a huge impact during his tenure, and we are all very sad to lose him but have no doubt that he will be a great success in his new career. Olly has proved himself to be ideally suited to the role and we look forward to seeing him in Lexington this weekend.”