AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Topgolf Callaway Brands CEO Artie Starrs Resigns, Replacement Search Begins
ByAinvest
Thursday, Jul 31, 2025 4:32 pm ET1min read
Artie Starrs, CEO of Topgolf Callaway Brands, has resigned and will stay through September 2025 to assist with the transition. Chip Brewer, President and CEO, will lead the company until a new CEO is appointed. The company is conducting an executive search for Starrs' replacement and is still pursuing a spin-off or sale of Topgolf, which is now expected to occur in 2026.
Title: Topgolf Callaway Brands Announces Resignation of CEO Artie StarrsTopgolf Callaway Brands Corp. (NYSE: MODG) has announced the resignation of Artie Starrs, CEO of Topgolf, effective September 2025. Starrs will remain with the company to assist with the transition. Chip Brewer, President and CEO of Topgolf Callaway Brands, will lead the company until a new CEO is appointed. The company is actively conducting an executive search for Starrs' replacement.
Starrs' departure does not impact the company's strategic direction or commitment to separating Topgolf. The company remains committed to pursuing either a spin-off or sale of the Topgolf business, which is now expected to occur in 2026, after a new CEO is in place. Chip Brewer commented on the company's positive Q2 financial results and improving same venue sales trends, reflecting the significant actions taken this year.
Forward-looking statements, as defined under the Private Securities Litigation Reform Act of 1995, include Mr. Starrs' planned departure date, the search for a replacement for Mr. Starrs, the appointment of a new Topgolf CEO, and the timing of the company's planned separation of the Topgolf business from its other business units. These statements are based on current information and expectations and are subject to various risks and uncertainties, including global economic conditions, decreases in consumer demand, and the ability to successfully execute planned transactions.
Topgolf Callaway Brands Corp. is an unrivaled tech-enabled Modern Golf and active lifestyle company delivering leading golf equipment, apparel, and entertainment, with a portfolio of global brands including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, and OGIO. The company operates a chain of golf-related amusement and events centers. For more information, please visit https://www.topgolfcallawaybrands.com.
References:
[1] https://www.prnewswire.com/news-releases/topgolf-callaway-brands-announces-resignation-of-artie-starrs-ceo-of-topgolf-302519081.html
[2] https://www.stocktitan.net/news/MODG/topgolf-callaway-brands-announces-resignation-of-artie-starrs-ceo-of-wbyt7j3d9od8.html
[3] https://en.wikipedia.org/wiki/Callaway_Golf_Company
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet