Newton Golf, a Sacks Parente company, has appointed Doug Samuelson as CFO, effective immediately.
“Doug’s extensive accounting and financial reporting experience, including roles as CFO of a number of publicly and privately traded companies, will be invaluable as we expect to continue our growth trajectory over the coming years. We welcome him to Newton Golf and look forward to his contributions,” commented Newton Golf Executive Chairman Greg Campbell.
The company noted in a media release that Samuelson replaced former CFO Steve Handy, who resigned to pursue other options and whose departure is not the result of any disagreement with management concerning operations or company management.
Samuelson began his 30-year career with Arthur Anderson LLP, providing audit and business advisory services to small-to-middle market companies. He later joined public and privately-held companies and served in various financial reporting and auditing roles, including as CFO for Response Genetics, Medacta USA, Smack Sportswear, Solis Tek, AdvaVet, Wellness Center USA, Genelux, and, most recently, Kairos Pharma, a position he held since 2019.
Samuelson reportedly brings significant SEC reporting experience, Sarbanes Oxley compliance experience and over ten years of experience in public accounting.
“I am eager to join an emerging golf equipment provider and the team at Newton Golf. The company’s Newton Motion line of replacement golf shafts and innovative putters are contributing to strong revenue growth, and I’m excited to provide strategic financial leadership as the company looks to continue its aggressive growth,” said Samuelson. “I believe my CFO experience with publicly traded companies will be valuable in supporting the company’s vision.”
Samuelson received his BS in Accounting from the University of Utah and his MS in Computer Science from California State University at Northridge. He was previously a CPA in California.
Image courtesy Newton Golf
