Topgolf Callaway Brands Corp. plans to add C. Matthew Turney, chief financial Officer of Dundon Capital Partners, to its Board of Directors. He replaces Thomas Dundon, who, on March 28, indicated he would not stand for re-election to the Board for personal reasons upon completing his current term at Topgolf’s 2023 annual meeting.
Dundon is the founder and managing partner of Dundon Capital Partners, LLC, a Dallas, TX-based private investment firm.
Dundon was appointed to Topgolf’s Board of Directors in March 2021 following the completion of the merger with Topgolf. He served as a member of Topgolf’s Board from 2011 until March 2021.
Pursuant to a stockholders agreement made as of October 27, 2020, the Dundon Shareholder, PEP TG Investments LP, TGP Investors, LLC, TGP Investors II, LLC, and TGP Advisors, LLC, the Dundon Shareholder currently has the right to designate one person for nomination to the Board at the 2023 Annual Meeting.
The company’s brands include Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, OGIO, Jack Wolfskin, and World Golf Tour.
