PGA Tour to hire CEO to run expanding business. Jay Monahan stays on as commissioner
Tuesday, 17 December 2024
The PGA Tour is hiring a CEO for the first time. Commissioner Jay Monahan has told his staff it's part of a plan to help grow business opportunities for the tour. This comes after a year in which Strategic Sports Group invested $1.5 billion into PGA Tour Enterprises with the possibility of doubling that. And the tour continues to negotiate with the Saudi backers of LIV Golf about becoming a minority investor. Monahan remains as commissioner of the PGA Tour. He also is part of the search committee led by Atlanta Falcons owner Arthur Blank.
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