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Callaway names Chip Brewer CEO
Callaway Golf have appointed industry veteran Chip Brewer as their new leader to replace interim president and CEO Tony Thornley, according to PGA.com.

President and CEO of Adams Golf since 2002, Brewer is widely credited with transforming Adams from a niche company known largely for fairway woods and hybrids into a significant player in the industry.

"Chip has extensive knowledge of all facets of the golf business, particularly in the sales and marketing area, and has a real passion for the game of golf. Chip also has great relationships with customers and others in the golf industry and he has done a great job turning around and leading Adams Golf," said Callaway Board Chairman Ronald S. Beard.

“We believe he is the right leader to entrust with our valuable brands, and the board looks forward to working with him to restore profitability and increase shareholder value."

Brewer, who has an MBA from Harvard Business School, will officially start his tenure at Callaway Golf on March 5th.

"Having been around golf my entire life, I know Callaway and its products very well and I am very excited about joining such an iconic company and being part of its great heritage," said Brewer.

"There is a lot of opportunity ahead for Callaway and I look forward to working with the board and senior management team to build upon the strength of its brands to restore profitability and increase shareholder value."

Callaway currently has sponsorship agreements with a number of notable players including Ernie Els, Phil Mickelson, Alvaro Quiros, J.B. Holmes and Tommy Gainey, among others.

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