NEW YORK — Barry K. Schwartz, chairman and chief executive of Calvin Klein Inc., is taking the reins of something new: He’s been elected chairman of the board of trustees of the New York Racing Association Inc.
Schwartz succeeds Kenny Noe Jr., who is retiring.
“The racing industry is facing a challenging time and New York has some unusual circumstances that require wise decisions and strong management,” Schwartz said in a statement Wednesday. “I love this sport, am devoted to it and will do everything I can to make New York the premier racing state in America.”
No stranger to the inner workings of the racing world, Schwartz is a prominent owner and breeder. Among the stakes winners that have campaigned in Schwartz’s colors are Three Ring, Boom Towner, Beru, David, Degenerate Jon, Dr. Root, Killer Diller, Only Queens and How About Now.
The Bronx native also owns Stonewall Farm in Granite Springs, N.Y., and is a member of The Jockey Club, a member of the Graded Stakes Committee of the Thoroughbred Owners and Breeders Association and president of the board of the Backstretch Employees Assistance Team.

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