Sacks Parente Golf, Inc. (SPG) reported it accepted the resignation of CEO Tim Triplett, effective immediately. Greg Campbell, chairman of SPG’s Board of Directors, will assume Triplett’s responsibilities as executive chairman to facilitate a smooth transition while the company searches for a new CEO.
SPG said that Triplett’s decision to step down was “driven by a deep commitment to his family as he redirects his focus to provide crucial support during a challenging time.” The company said it would not disclose specific details to respect his family’s privacy.
In a brief statement, Triplett said, “Family is my top priority, and in light of a significant health challenge faced by a close family member, I must step back to offer the care and attention they need. This decision is a personal one, and, while difficult, it is made with an unwavering dedication to those I hold dear.”
The company also said the decision is independent of SPG’s current performance or market conditions.
“I want to assure our stakeholders, employees and partners that SPG is well-positioned for continued success. The talented team and leadership in place will ensure the company remains on its current trajectory of growth,” offered Triplett.
The Board of Directors at SPG said it acknowledges and supports Triplett’s decision.
“Our thoughts are with Tim and his family during this very difficult personal time. We respect his commitment to his family and extend our best wishes them. We also appreciate the contributions Tim made during his tenure,” said Campbell. “Our focus at Sacks Parente remains on growing the company.”
Image courtesy Sacks Parente Golf
