Darren Pearce, the chief executive of the Australian Turf Club has resigned his position.

Pearce, who joined the Australian Jockey Club as chief financial officer in 2005, became the first chief executive of the ATC when the merger between the AJC and Sydney Turf Club was effected in early 2011.

He said the recent success of the $10 million Everest and the healthy financial state of the ATC made it a perfect time to leave on a high.

Credit: AAP