MacGregor Golf Co. named Michael J. Setola as its president and CEO, effective immediately. Setola was most recently president of Oxford Industries, where he was responsible for brands including Oxford, Lanier and Ben Sherman. Additionally, the company announced the resignations of Suzy Biszantz, president/CEO, and Dave Hall, COO/SVP of finance.
Previously, Setola was chairman and CEO of Salant Corporation, whose brands included Perry Ellis and Axis. Setola's background spans more than 25 years and is deep in operational, marketing, international, retail and licensing expertise.
“We are very excited to have Mike join us as our new President and CEO,” said Greg Norman, chairman of the MacGregor Golf board. “He is a proven leader with extensive industry experience and expertise, in addition to being a proficient strategic planner. Mike has a long track record of transforming businesses and spearheading change. He brings a fresh vision and we are confident he can build on the momentum Greg Norman Collection and MacGregor Golf have established.”
Under the new leadership of Setola, Greg Norman Collection and MacGregor Golf look to further exploit their significant growth potential in the United States and internationally.
“I am excited and honored to take on this leadership responsibility,” Setola said. “Greg Norman Collection and MacGregor Golf have fabulous teams and I am eager to lead that talent and chart a course that allows these two dynamic companies to reach their full potential both domestically and internationally.”
Regarding Biszantz and Hall, both have decided not to renew their employment contracts that expire at the end of February with MacGregor Golf Company.
“The acquisition of the Greg Norman Collection by the MacGregor Golf Company and the transition from the adidas/Reebok organization are now complete. The company is well positioned for future growth with a seasoned and talented management team,” said Suzy Biszantz.