Jordan Spieth will exchange Rory McIlroy as a participant director on the PGA Tour Policy Board, in accordance an e-mail bought by way of Golf Channel. PGA Tour commissioner Jay Monahan introduced the alternate to club Monday morning. The 5 closing participant administrators — Tiger Woods, Patrick Cantlay, Charley Hoffman, Peter Malnati and Webb Simpson — voted for Spieth to serve out the remainder of McIlroy’s term thru 2024.
“With Rory McIlroy resigning from the PGA Tour Policy Board last week, per the PGA Tour Tournament Regulations, the five remaining Player Directors have elected Jordan Spieth to serve the remainder of Rory’s term which expires at the end of 2024,” Monahan wrote.
“Jordan has extensive experience with the Tour’s governance process, having served two years on the Player Advisory Council (2017-18) including PAC Chairman in 2018 and three years (2019-21) as a Player Director.”
Spieth’s addition to the board comes because the PGA Tour continues negotiations with the Saudi Arabian Public Investment Fund to accommodate business operations beneath a brand new for-profit entity dubbed PGA Tour Enterprises. A Dec. 31 closing date for the settlement to be solidified were set, although it reportedly may well be driven again over antitrust issues and participant calls for.
McIlroy cited time constraints as the principle reason why for his departure. Between circle of relatives, investments and golfing, the four-time main champion used to be not able to provide ok consideration to the an increasing number of crowded negotiations. McIlroy knowledgeable the board of his resignation following its ultimate assembly of the 12 months final Monday.
“Something had to give,” McIlroy stated on the DP World Tour Championship. “There are only so many hours in a day and only so many days in a week. I’ve got a lot going on in my life right now between trying to be a world-class golfer and trying to be a good husband and a good father. I’ve got a growing investment portfolio that is taking up more of my time. I’m involved with TGL and sort of in the weeds with that. On top of all that, the policy board stuff was taking more of my time than ever this year. I just felt something had to give.”
The PGA Tour additionally introduced final week the addition of Valero Energy govt Joe Gorder to the board. Gorder will serve because the 5th unbiased director, changing Randall Stephenson, who resigned in early July after mentioning issues over the settlement with the Saudi PIF.
Current PAC chairman Adam Scott could also be slated to interchange Hoffman in 2024. With the addition of Spieth, the construction of the PGA Tour coverage board is as follows:
- Player Directors: Jordan Spieth, Patrick Cantlay, Tiger Woods, Charley Hoffman, Peter Malnati, Webb Simpson
- Independent Directors: Ed Herlihy, Jimmy Dunne, Mark Flaherty, Ed Gorder, Mary Meeker, and PGA of America Director John Lindert.