Tiger Woods will be the vice-chairman of the PGA Tour Enterprises Board of Directors.
One of the first steps in launching PGA Tour Enterprises was the announcement on Wednesday that the Tour has named a 13-member board of directors that includes the current six player-directors from the PGA Tour Policy Board, including Tiger Woods as the vice-chairman.
Other player directors on the new board are Patrick Cantlay, Peter Malnati, Adam Scott, Webb Simpson and Jordan Spieth. Former Tour player Joe Ogilvie will be the liaison between the Policy Board and the Tour Enterprises board and is a member of both.
Tour commissioner Jay Monahan and Joe Gorder, who is an independent director on the Policy Board, are also on the Tour Enterprises board. Monahan is the CEO.
The Tour Enterprises Board is completed by four members of the Strategic Sports Group, which announced last month that it will be an investor and lead commercial activities related to the PGA Tour, drive fan engagement and growth and develop new media, sponsorship and commercial opportunities.
Those SSG directors are John W. Henry of the Fenway Sports Group and Manager of the SSG; Atlanta Falcons owner Arthur B. Blank, New York Mets vice-chairman Andrew B. Cohen and Boston Red Sox CEO and President Sam Kennedy.
One of the 13 board members will be elected chairman at an upcoming meeting.
SSG, a consortium of professional sports team owners and executives, is providing an initial investment of $1.5 billion to the Tour.
“Today’s announcement is another milestone for our organization, as I believe we have arrived at a PGA Tour Enterprise’s Board of Directors with the right composition, expertise and balance necessary to take our organization into the future,” Monahan said in a statement. “Our current and former players will provide essential insight into our members’ priorities and needs.
“And we welcome key SSG members to the leadership team, whose exceptional track records and achievements in global professional sports will lend a wealth of knowledge into the opportunities ahead for the PGA Tour,” Monahan continued. “Their expertise will undoubtedly play a pivotal role in the success and growth of our commercial initiatives.”
This article originally appeared on Florida Times-Union: Tiger Woods will be vice-chairman, Jay Monahan CEO of PGA Tour Enterprises
