Callaway Golf Company reported that Bradley J. Holiday, senior executive vice president and chief financial officer, has announced his plans to retire in 2015. The company plans to conduct a search for his successor in early 2015.
Holiday will continue as chief financial officer until his replacement has been identified and a smooth transition has been effected. Holiday has served as the company’s chief financial officer since August 2000.
“We are very grateful for Brad’s many years of dedication and service; his contributions to the Company are too numerous to count,” commented Chip Brewer, president and chief executive officer. “Over the last 14 years, Brad has been a constant that helped drive Callaway forward. He will be missed, but I am grateful for the time he worked with me and the current team and I appreciate him communicating his retirement plans in a manner that allows us to identify his successor in an orderly manner. All of this is 100% consistent with the high integrity, character and professionalism that he has always demonstrated.”
Holiday added, “the Company will be profitable this year for the first time since 2008-a significant milestone in the Company’s turnaround-making this a natural time for this transition. Callaway is a great company and I have enjoyed my many years with Callaway and the many great people with whom I have worked.”
