Equipment

Callaway Hires Adams CEO Chip Brewer as President & CEO

Published

12 years ago

Feb 28, 2012

CARLSBAD —- Callaway Golf Co. said Monday its board of directors has appointed Chip Brewer as president and CEO. Brewer, the former CEO of Adams Golf, takes over on March 5.

Brewer replaces Tony Thornley, who has served as interim president and CEO since June 2011. Thornley will continue to serve on Callaway’s board of directors, the company said in a press release.

Brewer is “one of the most qualified candidates to run Callaway, and enhances what we believe is a budding turnaround story,” wrote golf industry analyst Casey Alexander in an email to clients.

“In Chip’s tenure at Adams, Adams was able to consistently build market share,” Alexander wrote. “We believe this is the primary task at Callaway as well. We believe this hire should be very well received by the market.”

Brewer has been with Plano, Texas-based Adams Golf since 1998, serving as president and CEO since 2002. He and his family will move to the San Diego area, Callaway said.

“After a very thorough search, we believe that we have selected the ideal candidate to lead us through the next chapter at Callaway,” said board chairman Ronald S. Beard in the Callaway news release. “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.”

Search for a leader

Callaway has come up short in its quest for a long-term leader ever since the departure of its eponymous founder, Ely Reeves Callaway. Callaway resigned in 2001 shortly before his death that July at age 82. A Georgia native, Callaway was known in three industries as an exceptionally skilled businessman with a flair for marketing.

Callaway made his mark as president of Greensboro, N.C.-based textile maker Burlington Industries. In the late 1960s, he moved to the Temecula area, founding Callaway Vineyard and Winery. He sold the winery to Hiram Walker in 1981, then bought a golf company named Hickory Sticks. That company became Callaway Golf.

Under Callaway’s direction, Callaway Golf grew from a four-man company into a multibillion-dollar corporation that generated $840 million in sales in 2000, and approached a cumulative $6 billion in sales of golf clubs.

Ron Drapeau took over from Callaway as chairman and CEO in May 2001. Drapeau served until August 2004, as the company battled slumping sales and market share. Patrice Hutin, president and chief operating officer, resigned in November 2004.

Board member William C. Baker served as interim chairman and CEO until Fellows was hired in August 2005 as president and CEO.

Fellows left Callaway in June 2011.

Shares of Callaway traded late Tuesday morning at $6.73 each, up 22 cents for the day.

Click here to read the discussion in the forums… http://www.golfwrx.com/forums/topic/602921-callaway-hires-adams-ceo-chip-brewer-as-president-ceo/

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Equipment

Coolest thing for sale in the GolfWRX Classifieds (4/29/24): Krank Formula Fire driver with AutoFlex SF505 shaft

Published

1 hour ago

Apr 29, 2024

Gianni Magliocco

At GolfWRX, we are a community of like-minded individuals that all experience and express our enjoyment of the game in many ways.

It’s that sense of community that drives day-to-day interactions in the forums on topics that range from best driver to what marker you use to mark your ball. It even allows us to share another thing we all love – buying and selling equipment.

Currently, in our GolfWRX buy/sell/trade (BST) forum, there is a listing for a Krank Formula fire driver with AutoFlex SF505 shaft.

From the seller: (@well01): “Krank formula fire 10.5 degree with AUtoflex SF505. $560 shipped.”

To check out the full listing in our BST forum, head through the link: Krank Formula Fire driver with AutoFlex SF505 shaft

This is the most impressive current listing from the GolfWRX BST, and if you are curious about the rules to participate in the BST Forum you can check them out here: GolfWRX BST Rules

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Whats in the Bag

Team McIlowry (Rory McIlroy, Shane Lowry) winning WITBs: 2024 Zurich Classic

Published

16 hours ago

Apr 28, 2024

GolfWRX Staff

Rory McIlroy WITB

Driver: TaylorMade Qi10 (9 degrees @8.25) Buy here.
Shaft: Fujikura Ventus Black 6 X (45 inches)

3-wood: TaylorMade Qi10 (15 degrees) Buy here.
Shaft: Fujikura Ventus Black 8 X

Check out more in-hand photos of Rory McIlroy’s WITB in the forums.

5-wood: TaylorMade Qi10 (18 degrees) Buy here.
Shaft: Fujikura Ventus Black 9 X

Irons: TaylorMade Proto (4), TaylorMade Rors Proto (5-9) Buy here.
Shaft: Project X 7.0 (4-9)

Check out more in-hand photos of Rory McIlroy’s WITB in the forums.

Wedges: TaylorMade MG4 (46-09SB, 50-09SB, 54-11SB) Buy here, Titleist Vokey Design WedgeWorks (58-K @59) Buy here.
Shafts: Project X 6.5 (46-54), Project X 6.5 Wedge (60)

Putter: TaylorMade Spider Tour X3 Buy here.
Grip: SuperStroke Zenergy Pistol Tour

Check out more in-hand photos of Rory McIlroy’s WITB in the forums.

Ball: 2024 TaylorMade TP5x Buy here.

Grips: Golf Pride MCC

Check out more in-hand photos of Rory McIlroy’s WITB in the forums.

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Shane Lowry WITB

Shane Lowry what’s in the bag accurate as of the Cognizant Classic.

Driver: Srixon ZX5 Mk II (8.5 degrees) Buy here.
Shaft: Mitsubishi Diamana D+ White 70 TX

5-wood: TaylorMade Stealth Plus Buy here.
Shaft: Graphite Design Tour AD DI 8 X

Check out more in-hand photos of Shane Lowry’s clubs here.

Irons: Srixon ZX Utility (3, 20 degrees) Buy here, Srixon ZX5 Mk II (4, 5) Buy here, Srixon ZX7 Mk II (6-PW) Buy here.
Shafts: Nippon N.S. Pro Modus3 Tour 120 X (3), KBS Tour 130 X (4-PW)

Wedges: Cleveland RTX 6 ZipCore Tour Rack (50-10 MID, 54-10 MID) Buy here, Cleveland RTX Full Face (58-8) Buy here.
Shafts: KBS Tour Wedge X Black

Check out more in-hand photos of Shane Lowry’s clubs here.

Putter: TaylorMade Spider Tour Z Buy here.
Grip: SuperStroke Zenergy Pistol 1.0

Grips: Golf Pride Tour Velvet

Ball: Srixon Z-Star XV Buy here.

Check out more in-hand photos of Shane Lowry’s clubs here.

The winning WITB is presented by 2nd Swing Golf. 2nd Swing has more than 100,000 new and pre-swung golf clubs available in six store locations and online. Check them out here.

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Whats in the Bag

Steve Stricker WITB 2024 (April)

Published

3 days ago

Apr 26, 2024

GolfWRX Staff

Steve Stricker WITB accurate as of the Zurich Classic. More photos from the event here.

Driver: Titleist TSR3 (9 degrees, C4 SureFit setting)
Shaft: Fujikura Motore Speeder VC 7.2 X

3-wood: Titleist 915F (13.5 degrees)
Shaft: Mitsubishi Tensei CK Pro White 80 TX

Check out more in-hand photos of Steve Stricker’s clubs here.

Hybrid: Titleist 816 H1 (17 degrees)
Shaft: Fujikura Motore Speeder VC 9.2 X

Irons: Titleist T200 (3, 4), Titleist T100 (5-9)
Shafts: Project X 6.5

Check out more in-hand photos of Steve Stricker’s clubs here.

Wedges: Titleist Vokey SM8 (46-10F @55), Titleist Vokey SM10 (54-10S @53), Titleist Vokey SM4 (60 @59)
Shafts: True Temper Dynamic Gold X100 w/Sensicore