Stephen Crispe is the Chief Executive Officer of RAS Technology “Racing and Sports” (ASX:RTH), a technology, data, digital and media company that services the global racing and wagering industry.

What’s your journey in becoming a Chief Executive Officer?
After a career in technology, intelligence and consulting, I started my own company which was focussed on the intelligence, law enforcement and security communities. I grew this business from one staff member (me) to 40 and an annual turnover of almost 10 million dollars. It was profitable from day one. This taught me a lot – all aspects of starting, operating and, importantly, growing a company. I sold that business to focus on a full-time role with Racing and Sports which eventually led to me taking on the job of CEO. I’d worked on and off in the business for the large part of 20 years so it was wonderful to be able to re-join the founders, my father Gary Crispe and Robert Vilkatis, especially as the company enters this exciting next phase of global expansion.

Tell us a bit about your business and how you are commercializing?
Racing and Sports began life as, essentially, a public resource. It’s now one of the leading providers of premium data, enhanced content, and SaaS solutions to the global racing and wagering industries. We’re widely considered to have one of the largest, most accurate and trusted racing databases globally and are the foremost thoroughbred form resource servicing all significant racing centers. Our databases enable us to scale and pivot very quickly into new products, geographics and formats. Over the past two years, Racing and Sports has moved into the trading technology space and developed one of the most advanced trading manager platforms in use by wagering operators anywhere in the world.

Racing and Sports Founder Gary Crispe and CEO Stephen Crispe on listing day

What’s the most exciting thing about running your business?
Being part of an ever-changing industry that’s rapidly evolving due to the increasing demand for analytics-based products and services. As well as working with the incredibly high caliber team we have to innovate and create those exciting products and services.

How do you measure success?
While financial growth, winning deals, and developing new products and services is a large part of measuring performance, the most important part, to me, is keeping our customers and employees happy. This is what, ultimately, drives the business and is the only true measure of success.

What do you think is the most important quality of being a CEO of a company?
Execution of our strategy and communication with our board, executive, employees, and shareholders, setting clear objectives and delivering on them and ensuring the team operates as a well-oiled machine.

What is your favourite book?
The Magician by Raymond E. Fiest. Sometimes it’s good to immerse yourself in another world.

What message do you want to send to our readership in Asia & Australia?
Stay tuned for the exciting announcements and updates that we will be sharing over the coming weeks and months as we ramp up our expansion plans and execution against our global strategy.

How can people connect with you?
Linkedin: https://www.linkedin.com/in/stephencrispe
Carbonix’s Website: https://www.racingandsports.com/

(L-R) Racing and Sports Founder and Executive Director Gary Crispe, CEO Stephen Crispe and Founder and CTO Robert Vilkaitis