Eddie was born in County Waterford, Ireland and raised there in the countryside by his parents Catherine and Tommy. His passion for horses came from his father who was an avid horseman. He had field hunters and often took Eddie to Point to Points. His uncle, John Kenneally, was a jockey who rode in the major steeplechase races including the Aintree Grand National.

He is the the third of six children whom are now living in San Francisco, Australia and Ireland. Eddie's brother Johnny owns and operates Erinvale Thoroughbreds, a large breeder and consigner in Australia.

Eddie's first job with horses was prepping sales yearlings for top consignor Timmy Hyde at Camas Park Stud in County Tipperary. He moved to the U.S. in 1987 to work with yearlings at Pegasus Stud.

He first went to work at the racetrack as an exercise rider for Rusty Arnold at Keeneland and Payson Park. He later worked as an assistant trainer for Tom Skiffington and Niall O'Callaghan before becoming a private trainer for Jack Kent Cooke's Elmendorf Farm. In 1997, Eddie opened Kenneally Racing as a public stable.

He is currently based at Keeneland and Churchill Downs in Kentucky and during the winter months, Palm Meadows in Boynton Beach, Florida. He also keeps a string in New York year round with barns at Belmont and Saratoga.

Eddie's largest career victory so far came in 2007 when he won the $2m Dubai Golden Shaheen with Kelly's Landing, who is now retired from racing but still serves as Eddie's pony to escort other horses to the track.

Eddie and his wife Catherine were married in 2009 and now make their home in Lexington, Kentucky, Boynton Beach, Florida and Saratoga Springs, New York with their two sons.

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