Callaway Golf Company announced Bavan M. Holloway has been appointed to its Board of Directors, bringing the number of members to 13.
Holloway will begin serving immediately and will stand for election for a full one-year term at its 2022 Annual Meeting of Shareholders.
Holloway has over 30 years of broad finance and audit experience in regulated business environments. She previously served as vice president, corporate audit, for The Boeing Company, among other senior finance roles, until her retirement in April 2020.
Before joining Boeing in 2002, Holloway spent 16 years at KPMG, LLP, primarily serving its financial clients in Chicago and New York. She currently serves on the boards of T-Mobile US, Inc. and TPI Composites Inc.
“We look forward to Bavan joining our board,” commented John F. Lundgren, Chairman of the Board of Directors, Callaway Golf Company. “She is an exceptional talent with vast knowledge and expertise in auditing and finance, and we are confident that her experiences and leadership will be invaluable to Callaway’s ongoing success.”
“I’m extremely pleased to welcome Bavan to the Callaway team,” said Chip Brewer, president and CEO, Callaway Golf Company. “With the company continuing to grow rapidly and expand beyond the traditional golf equipment space, we are excited to welcome a new director with such strong experience and financial expertise. Bavan will further strengthen what I believe is already a very impressive and productive board.”
The company’s bylaws mandate that its board consist of not less than six nor more than fifteen members, of which the substantial majority must be independent. With the addition of Holloway as an independent director, eleven of the thirteen Board members qualify as independent under applicable standards.
