Tuesday, December 24, 2024

PGA Tour so as to add new CEO, Commissioner Jay Monahan publicizes

Extra change is coming to the PGA Tour.

On Tuesday morning, in a video posted by the PGA Tour to its social networks, Commissioner Jay Monahan introduced that the tour is on the lookout for a brand new Chief Govt to affix its C-suite.

“We’re bringing new views onto our group to understand the unimaginable alternatives forward for our sport,” Monahan stated.

“We are able to be taught a lot from the world of sport and leisure, and I’m excited to satisfy candidates for this essential new position.

Monahan will stay the Commissioner and keep on the newly established, for-profit entity PGA Tour Enterprises board. The announcement comes at an important time for the PGA Tour, because it continues to orchestrate a cope with the Saudi Public Funding Fund (PIF), LIV Golf’s beneficiary. A Bloomberg report on Dec. 10 indicated that the sides are “shut” to a deal, which might see the PIF purchase a six-percent stake in PGA Tour Enterprises.

“This [announcement] is a sign that we’re heading in the right direction,” stated Andy Weitz, the Tour’s chief advertising and communications officer, stay on Golf Channel on Tuesday.

“That is one other instance of creating positive we’ve got the appropriate individuals in the appropriate roles. To return collectively and actually create some thrilling experiences for followers in 2025 and past.”

Weitz added that the tour hopes to share extra information concerning its discussions with the PIF within the “new 12 months.”

That’s not the one shakeup occurring amongst PGA Tour brass, nonetheless. Monahan’s announcement comes on the identical day through which Josh Carpenter of Sports activities Enterprise Journal reported that Ron Worth, the Chief Working Officer who testified earlier than Congress in July 2023, will retire.

Curiously, LIV Golf additionally had a latest change to its management. The PIF employed Scott O’Neill, who beforehand served because the Chief Govt Officer for the New Jersey Devils and Philadelphia 76ers. O’Neill changed the controversial Greg Norman.

On prime of that, the LPGA can also be experiencing a change on the prime. Mollie Marcoux Samaan unexpectedly stepped down initially of December. Liz Moore, who has led the authorized and know-how groups on the LPGA for over a decade, is at the moment serving as interim commissioner.

Jack Milko is a golf employees author for SB Nation’s Enjoying By way of. Observe him on X @jack_milko.


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