Acushnet Holdings Corp. - Investors

NYSE (GOLF): 23.38 -0.07 -0.3% Volume: 117,411 View more January 18, 2019

Corporate Governance Documents

Date Download

October 24, 2016 Code of Ethics

September 21, 2016 Audit Committee Charter

September 14, 2016 Compensation Committee Charter

September 7, 2016 Corporate Governance Guidelines

September 1, 2016 Nominating & Corporate Governance Committee Charter

Management

David Maher, President & Chief Executive Officer

David joined Acushnet Company in 1991 and was appointed President & CEO January, 2018. He’s held a number of positions at Acushnet on his journey to President & CEO including COO, Senior Vice President, Worldwide Titleist, Vice President, Titleist Sales U.S. and Vice President Field Sales Titleist U.S. prior to that. He started as a Sales Support Representative and worked his way through Field Sales and Sales Management for Titleist. David has a B.S. in Finance & Investments from Babson College.

Tom Pacheco, Executive Vice President & Chief Financial Officer & Treasurer

Tom joined Acushnet Company in 2017 and was appointed Senior Vice President & Chief Accounting Officer. In January of 2019 he was promoted to Executive Vice President & Chief Financial Officer. Before joining the company, Tom held finance and accounting positions at Dell Technologies, EMC, Raytheon, and Idiom Technologies. Tom is a Certified Public Accountant and holds an M.B.A from the University of North Carolina and a B.S. in Accounting from Providence College.

Mary Lou Bohn, President, Titleist Golf Balls

Mary Lou joined Acushnet Company in 1987 and was appointed President, Titleist Golf Balls in 2016. Prior to that, Mary Lou held positions of Executive Vice President Titleist Golf Balls and Communications and Vice President Golf Ball Marketing and Titleist Communications. During her tenure with the Company, Mary Lou has served as Vice President, Advertising & Communications from 2000 to 2010. In addition, she served as Director, Advertising Titleist from 1994 to 2000. She held a number of other positions reflecting increased responsibilities over the years. Mary Lou holds a B.S./B.A. in Marketing from the University of New Hampshire.

Steven Pelisek, President, Titleist Golf Clubs

Steve joined Acushnet Company in 1993 and was appointed President, Titleist Golf Clubs in early 2016. Prior to that he was General Manager, Titleist Golf Clubs. During his tenure with the Company, Steve served as Vice President, Club Sales for both the Titleist and Cobra Club brands. In addition, Steve has held both Marketing and Field Sales positions with Acushnet and with Lynx Golf prior. Steve holds a B.S. in Engineering and a M.S. in Civil Engineering, both from the University of Maryland.

John (Jay) Duke, Jr., President, Titleist Golf Gear

Jay joined Acushnet Company in 2014. Before joining the Company, Jay worked at Hasbro, Inc. where he was Vice President and Global Franchise Leader for Transformers Global Brand. Prior to Hasbro, Jay held general management positions with Karhu Holdings and Converse, Inc. (a division of Nike). Jay also spent time earlier in his career working for Reebok and Morgan Stanley. Jay holds a B.A. in Economics and History from Boston College and a MBA from Duke University.

Christopher Lindner, President, FootJoy Golf Wear

Chris joined the company in August, 2016 as President of FootJoy. Prior to that, Chris worked at Wolverine World Wide Inc. from 2010 to August, 2016 where he was President of Keds from 2014 to August, 2016, Chief Marketing Officer and Senior Vice President of Business Development for Sperry in 2014 and Chief Marketing Officer and Senior Vice President of North America Sales for Saucony form 2010 to 2014. Prior to 2010, Chris held various positions with Nike, Inc., including as Vice President of Global Marketing for Converse and Vice President of Global Marketing for Bauer Hockey (both Nike subsidiaries), and leadership roles with 800.com, Electronic Arts and Rollerblade. Chris graduated from the University of St. Thomas with a B.A. in Business Administration – Management and a minor in Spanish.

Brendan Gibbons, Executive Vice President, Chief Legal Officer & Corporate Secretary

Brendan joined Acushnet Company in 2017. Prior to joining Acushnet, Brendan was Senior Vice President, General Counsel and Corporate Secretary for Wolverine World Wide, Inc. Before Wolverine, Brendan was Senior Vice President of Legal & Corporate Affairs and General Counsel with Carter’s, Inc. Prior to joining Carter’s, Brendan worked at Ropes & Gray, LLP, serving in the firm’s Private Equity & Securities & Public Companies practice groups.

Brendan Reidy, Senior Vice President & Chief Human Resources Officer

Brendan joined Acushnet Company in January, 2019. Prior to joining the Company, he was Vice President HR–Organizational Effectiveness at Biogen leading a staff of 75 HR professionals. In his 7 years at Biogen, he had extensive experience leading global initiatives for research and development, talent management, organizational effectiveness/culture, people analytics, enterprise learning and employee relations. Prior to Biogen, he was at P&G for 9 years and held several positions including living in Costa Rica for 2 years as the HR Country Manager. Brendan holds a B.A. in Business Administration from Stonehill College.

Board of Directors

Yoon Soo (Gene) Yoon

Yoon Soo (Gene) Yoon has been the Chairman of Fila Korea since 1994 and was the Chief Executive Officer of Fila Korea from 1991 until March 2018. Fila Korea is a public company listed on the Korea Exchange. Mr. Yoon has served as the chairman of our board of directors since 2011. Mr. Yoon also served as the chairman of the board of directors of Acushnet Company, our operating subsidiary, from 2011 to October 2016 and served as the President of Acushnet Holdings Corp. from 2011 until May 2016. Mr. Yoon was selected to serve as a director because of his affiliation with Fila, his knowledge and experience in consumer products and his experience as the chairman of Acushnet Holdings Corp. since 2011 and as the chairman of Acushnet Company from 2011 to 2016.

David Maher

David Maher joined the Company in 1991 and was appointed President and Chief Executive Officer of Acushnet Company effective January 1, 2018. Prior to that, Mr. Maher was Chief Operating Officer from June 2016 to December 2017, Senior Vice President, Titleist Worldwide Sales and Global Operations from February 2016 to June 2016 and Vice President, Titleist U.S. Sales from 2001 to January 2016. Mr. Maher has served on our board of directors since March 2018. Mr. Maher was selected to serve as a director because he is our President and Chief Executive Officer and has extensive experience as an executive in the golf industry.

Walter (Wally) Uihlein

Walter (Wally) Uihlein joined the company in 1976 and was appointed President and Chief Executive Officer of Acushnet Company in 1995 and served as President and Chief Executive Officer of Acushnet Holdings Corp. from May 2016 until December 2017. Mr. Uihlein served as a member of the board of directors of Acushnet Company, our operating subsidiary, since 1984. In 2005, Mr. Uihlein received the PGA of America's Distinguished Service Award, the organization's highest honor. Mr. Uihlein was selected to serve as a director because of his experience as our President and Chief Executive Officer and as an executive in the golf industry.

Jonathan Epstein

Jonathan Epstein has been the President of Fila USA, Inc. and Global Chief Commercial Officer of Fila since August 2007. In that role, he has restructured and reorganized Fila USA, improving top line revenues, returning the company to profitability and growth. Mr. Epstein has been a close advisor to Fila's Chairman and chief architect behind the brand’s global transformation since 2007. Under Mr. Epstein's leadership, the company expanded its global affiliates from 9 in 2007 to 35 in 2017 and he has been instrumental in managing and retaining those partnerships. Mr. Epstein currently serves as a director of Magnus Holdings and on a variety of boards within Fila's global enterprise. Prior to Fila, Mr. Epstein worked for Adidas America, where he spent 20 years in a variety of leadership roles, including National Sales Manager for the company. Mr. Epstein was selected to serve as a director because of his 37 years of experience in the sporting goods industry and his strong management and commercial background.

Jennifer Estabrook

Jennifer Estabrook has been the Chief Operating Officer of Fila North America since December 2015 and was the Executive Vice President, Business Operations of Fila USA, Inc. from September 2010 until December 2015. Ms. Estabrook has also been the Head of Global Licensing for Fila Luxembourg S.à.r.l. since 2014 and a member of the Board of Managers of Fila Luxembourg S.à.r.l. since 2007 and has held several other positions at Fila USA, Inc. and its affiliates since 2005. Fila USA, Inc. and Fila Luxembourg S.à.r.l. are wholly-owned subsidiaries of Fila Korea, a public company listed on the Korea Exchange. Ms. Estabrook also serves on the Board of Trustees of the University of Maryland Baltimore Foundation, Inc. Ms. Estabrook served as a member of the board of directors of Acushnet Company, our operating subsidiary, from 2011 to October, 2016. Ms. Estabrook has served on our board of directors since October 2016. Ms. Estabrook was selected to serve as a director because of her affiliation with Fila, her multi-faceted background and experience, particularly her knowledge and operational experience in consumer products and sporting goods and her service as a director of Acushnet Company since 2011.

Gregory Hewett

Gregory Hewett is the principal of GH Consulting LLC, a private consultancy for businesses and institutional investors that he founded in March 2015. Previously, Mr. Hewett served at The Blackstone Group L.P. from August 2005 through February 2015 in various capacities, including most recently as a Senior Managing Director. Prior to joining Blackstone, Mr. Hewett served as a Director in the Investment Banking Division of Credit Suisse First Boston, which he joined in 2000 when it acquired Donaldson, Lufkin & Jenrette, where he was an Associate in the Investment Banking Division. Prior to joining DLJ, Mr. Hewett practiced law at Bryan Cave LLP. Mr. Hewett was selected to serve as a director because of his significant experience in finance.

Sean Sullivan

Sean Sullivan is the Executive Vice President and Chief Financial Officer of AMC Networks Inc., a position he has held since 2011. Mr. Sullivan served as Chief Corporate Officer of RMH from 2010 to 2011. Prior to joining AMC Networks Inc., Mr. Sullivan served as Chief Financial Officer of HiT Entertainment from 2009 to 2010 and Chief Financial Officer and President of Commercial Print and Packaging division of Cenveo, Inc. from 2005 to 2008. Mr. Sullivan was selected to serve as a director because of his significant experience in finance and operations.

Steven Tishman

Steven Tishman is a Managing Director and Global Head of the Mergers and Acquisitions Group at Houlihan Lokey, where he is also a member of the Firm's Management Committee, Co-Head of the Firm's M&A Commitment Committee and a member of the Firm's Corporate Finance Board of Directors. Mr. Tishman joined Houlihan Lokey in January 2012. Previously, Mr. Tishman was a Managing Director at Rothschild Inc., where he served from 2002 to 2012. Prior to joining Rothschild, Mr. Tishman was a Managing Director of Robertson Stephens Inc. from 1999 to 2002, and was a Senior Managing Director of Bear, Stearns & Co. Inc. from 1993 to 1999. Mr. Tishman is currently a trustee of GoodHaven Funds Trust and was previously a director of Cedar Fair L.P., Nautica Enterprises, Inc., Claire's Stores, Inc. and Odimo, Inc. Mr. Tishman was selected to serve as a director because of his extensive experience in finance and management and serving on other public company boards.

Norman Wesley

Norman Wesley is the former Chief Executive Officer and Chairman of Fortune Brands, Inc. Mr. Wesley joined Fortune Brands in 1984 and became President and Chief Operating Officer of Fortune Brands in January 1999, and Chairman and Chief Executive Officer of Fortune Brands in December 1999. He served as Chief Executive Officer through December 2007 and as Chairman until September 2008. Previously, Mr. Wesley held various management positions at Crown Zellerbach Corporation. Mr. Wesley currently serves as a director of Acuity Brands, Inc. and Fortune Brands Home & Security, Inc. Mr. Wesley was previously a director of Keurig Green Mountain, Inc., Pactiv Corporation, and R.R. Donnelly & Sons. Mr. Wesley was selected to serve as a director because of his extensive experience in the consumer products industry, his prior leadership experience, and his experience serving on other public company boards.

Committee Composition

Click here to contact the Board of Directors

Our Board of Directors has adopted policies designed to allow employees, shareholders or other interested parties to communicate with our Directors. Any interested party that wishes to communicate directly with the Board or any Director should send communications in writing to:

Chairman of the Audit Committee
Acushnet Holdings Corp.
c/o Corporate Secretary
333 Bridge Street
Fairhaven, MA 02719

Any person, whether or not an employee, who has a concern regarding finance, accounting, internal accounting controls or auditing matters may, in a confidential or anonymous manner, communicate those concerns to our Audit Committee via the internet at www.acushnetcompliance.com or via our Ethics Hotline at 1-855-219-7326.