RQYS MAINSHEET 2023

At the end of October 2023, our YTD income was $6,363,297 compared to the same period last year of $6,079,645, and expecting a net profit by the end of our financial year (30 April) of approximately $700,000 — again, a very similar result to last year. Operationally, the only change to our Team Leaders this year has been the addition of Marketing & Communications Manager Sean Allen, who has been instrumental in bringing our new website alive in October. We are getting much busier as the Squadron ramps up with so many plans in the pipeline: upcoming regattas and championships, special projects and building improvements, and a revitalised focus on compliance, particularly with safety, both on and off the water, making the Squadron the best place it could possibly be for our Members now and in the future. I look forward to another successful year ahead, to working with the Flag Officers and Board of Directors, the Committees, the hard-working Squadron employees and, most important of all, the Members to help bring our Club the accolades, awards, achievements and reputation it so richly deserves. The year ahead sees the Squadron celebrating its 140th Sailing Season and Members past and present should be enormously proud of what you have done, and what you will continue to be a part of because, without all of you, we wouldn’t be where we are today. n With 15 minutes to the race start, Wally just couldn’t wipe the smile off his face and shared his thoughts with Race Officer Guy Morton: “That was amazing. I have never been on a big racing yacht before and I can’t wait to do that again!” Little did Wally know that, once Andoo Comanche finished the race in Hamilton Island, he would get the call he was dreaming of and jumped on a plane to go and enjoy a few more days of adrenaline racing in the beautiful Whitsundays during Hamilton Island Race Week. Wally and his partner Linda are now regular Squadron visitors, even joining us for our 139th Opening Day celebrations and, when it came time to sing “God Save the King”, all eyes were on Wally! n Royal Queensland Yacht Squadron Yearbook Mainsheet 2023 9 Chief Executive Officer’s report (cont’d)

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