Market Overview

Callaway Golf Names Interim CEO

Callaway Golf Company (NYSE: ELY) today announced the appointment of Anthony S. "Tony" Thornley as Interim President and Chief Executive Officer, filling a vacancy created by George Fellows, who resigned for personal reasons. The Company also announced preliminary results for the second quarter of 2011, as well as organizational changes that are expected to improve operational effectiveness and reduce costs.

Mr. Thornley, 65, who joined the Board of Callaway Golf in 2004, served from 2002 to 2005 as President and Chief Operating Officer of Qualcomm Inc., the global leader in wireless technology. He served as Qualcomm's Chief Financial Officer from 1994 to 2002. Until his appointment today, he served as chair of the Audit Committee of the Board of Directors of Callaway Golf and was the designated "financial expert."

Posted-In: News Management

 

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