EQUESTRIAN Australia has appointed its fourth head in 18 months.
And the 15,000-strong membership base is unimpressed with the board reshuffling.
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Warwick Vale, from Western Australia, was last week appointed chairman after Paul Biancardi, from NSW, stepped down after six months in the job.
Mr Biancardi will remain a director with Nick Crowe elected deputy chairman.
In October 2011, Natalie Nichols was elected chairwoman by the EA board, however after less than a week, she stepped down, and the board re-appointed Paul Cargill - who had been chairman from 2009.
The group came under heavy criticism last year over the selection of the Australian dressage team for the London Olympics.
In the lead-up to the Games, top-qualifying rider Hayley Beresford was left off the dressage team to include Kristy Oatley.
Members are still wary of the communication platform introduced almost two years ago called Equnect, which EA put in place without putting it to tender, and which to date has proved costly and difficult to use.
The promised in-depth performance review by an independent facilitator, who will be appointed by the Australian Sports Commission to evaluate the Olympic performance of all three disciplines over the past four years, was done in early October but has yet to be published.
In a statement last week, EA said: "Equestrian Australia announced that Dr Vale was elected chairman of the EA board after former chairman Mr Biancardi stepped down from his role at (last week's) board meeting".
However, Beijing Olympian and two-time Australian Grand Prix dressage champion Heath Ryan said, from the outside, the situation appeared to be disturbing.
" I think we're experiencing a natural phenomena, and it's a disaster," Ryan said.
"I think our results at the Olympics were the poorest results in terms of equestrian that we've ever returned.
"The current board actually does have the potential to steer (EA) back into clear water, but I think that the main reason for our enormous slumps has been administration."
Waveleigh Pony Stud co-owner Gary Hartigan said the situation at EA was farcical.
"It's an absolute disaster and members have really got to the point of complete disdain," Mr Hartigan said. "The way members are being treated is disgraceful.
"All this shuffling is just rearranging the deck chairs on the Titanic."
"All I can imagine is that the whole thing will eventually implode, and from the ashes, a phoenix may rise."