The 13-member Board of Directors has been established for the recently launched PGA TOUR Enterprises, effective immediately. This new Board – comprised of nine PGA TOUR Directors approved by the PGA TOUR Policy Board and four Strategic Sports Group (SSG) Directors appointed by the SSG investor group – will lead all commercial activities related to the PGA TOUR and will focus on driving fan engagement and growth, as well as developing new media, sponsorship and commercial opportunities.
All six current Player Directors from the PGA TOUR Policy Board will simultaneously serve on the PGA TOUR Enterprises Board of Directors: Patrick Cantlay, Peter Malnati, Adam Scott, Webb Simpson, Jordan Spieth and Tiger Woods. In addition, given the significant time investment required from the players to serve on both Boards – and as part of the TOUR’s governance review – the Player Directors identified the benefit of having a “Director Liaison” on both Boards as well.
To that end, the Player Directors selected former PGA TOUR player Joe Ogilvie for that position, and Ogilvie will join the PGA TOUR Policy Board and the PGA TOUR Enterprises Board of Directors.
Joe Gorder, who serves as an Independent Director on the PGA TOUR Policy Board, and PGA TOUR Commissioner Jay Monahan round out the PGA TOUR representation on the Enterprises Board. Monahan will serve as the Chief Executive Officer of Enterprises, and Woods will serve as the Vice Chairman of the Board.
As announced in January, SSG – a consortium of American sports team owners led by Fenway Sports Group – joined PGA TOUR Enterprises as a minority investor, providing an initial $1.5 billion of capital that will unlock investment opportunities to grow the TOUR and enhance the game of golf around the world.