Thursday, October 17, 2024

LIV Golf seeking to substitute Greg Norman as CEO, in response to report

A shakeup at LIV Golf seems imminent, in response to a report Tuesday by Sports activities Enterprise Journal.

Saudi Arabia’s Public Funding Fund, which bankrolls LIV Golf, has employed a London-based agency to discover a new chief govt officer to exchange Greg Norman. In keeping with one supply with the league, Norman will stay a part of the senior management group and would preserve a job much like a commissioner.

LIV Golf has been increasing its senior management group in latest months, including a chief communications officer, chief monetary officer and govt vice chairman of group enterprise. Together with a brand new CEO, the C-Suite additions would assist negotiate future media rights offers and new company companions.

In keeping with the SBJ report, the search agency of Odgers Berndtson has already had talks with Massive 12 Commissioner Brett Yormark to doubtlessly step into the CEO function however these negotiations didn’t progress.

The brand new CEO and a distinct place for Norman should not have any impression on the PIF’s ongoing negotiations with the PGA Tour and DP World Tour. Norman has acknowledged on quite a few events that he has not been part of these talks, which appeared to select up momentum two weeks in the past when Yasir Al-Rumayyan, the Governor of the PIF, performed the Dunhill Hyperlinks Championship alongside Tour commissioner Jay Monahan and European tour chief govt Man Kinnings.


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