Sports
Callaway CEO Departs Amid Poor Company Performance
6:14 pm, June 29th | by Amy Tennery
Is Callaway trying to shoot from the bunker?
Company CEO George Fellows resigned today, citing “personal reasons,” according to a press release just sent out by the company. His role is being filled (in the interim) by Anthony Thornley, who had been serving as Callaway’s resident “financial expert.”
All vague, press-release-jargon aside, it may be premature to speculate on what exactly spurred this abrupt executive reorganization. Still, today’s reports on the company’s second-quarter performance aren’t exactly encouraging and may provide some clues.
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