Acushnet Holdings Corp. - Investors

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 Maher joined Acushnet Company in 1991 and was appointed President and Chief Executive Officer in January 2018. From 2001 through 2017, Mr. Maher held a variety of roles at the Company’s Fairhaven, Massachusetts headquarters, including Vice President, Titleist U.S. Sales; Senior Vice President, Titleist Worldwide Sales and Global Operations; and Chief Operating Officer. Prior to that, Mr. Maher spent several years in Northern California as a Titleist Sales Representative and Northwest Regional Sales Manager, and previously gained valuable experience in the Company’s professional development program, working at the Company’s golf ball operations in Massachusetts, the FootJoy factory in Brockton, Massachusetts and in the Company’s Southern California golf club operations.

Tom Pacheco, Executive Vice President, Chief Financial Officer and Chief Accounting Officer

Tom Pacheco joined Acushnet Company in 2017 and was appointed Executive Vice President, Chief Financial Officer and Chief Accounting Officer in 2019. Prior to that, Mr. Pacheco was Senior Vice President, Finance and Chief Accounting Officer. Prior to joining the Company, Mr. Pacheco was Senior Vice President, Finance and Chief Audit Executive of Dell Technologies from September 2016 to March 2017. Prior to September 2016, Mr. Pacheco served as Senior Vice President, Finance and Chief Accounting Officer at EMC until it was acquired by Dell Technologies. He joined EMC in 2005 and held several roles in Finance including Assistant Corporate Controller, CFO - Cloud Services Division and Senior Director of Corporate Accounting and Reporting. Mr. Pacheco 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 Bohn joined Acushnet Company in 1987 and was appointed President, Titleist Golf Balls in 2016. Prior to that, Ms. Bohn held positions at the Company of Executive Vice President, Titleist Golf Balls and Communications; Vice President Golf Ball Marketing and Titleist Communications; Vice President, Advertising & Communications; and Director, Titleist Advertising. Ms. Bohn holds a B.S./B.A. in Marketing from the University of New Hampshire.

Steven Pelisek, President, Titleist Golf Clubs

Steven Pelisek joined Acushnet Company in 1993 and was appointed President, Titleist Golf Clubs in 2016. Prior to that, Mr. Pelisek held positions at the Company of General Manager, Titleist Golf Clubs and Vice President, Club Sales for both the Titleist and Cobra golf club brands. In addition, Mr. Pelisek has held both Marketing and Field Sales positions with the Company and with Lynx Golf. 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 Duke joined Acushnet Company and was appointed President, Titleist Golf Gear in 2014. Prior to joining the Company, Mr. Duke was Vice President and Global Franchise Leader for Hasbro - Transformers Global Brand from 2012-2014, President of Karhu Holdings BV from 2008-2012, and held senior general management and strategy positions with Converse Inc. (a subsidiary of NIKE, Inc.). Mr. Duke also spent time earlier in his career working for Morgan Stanley’s Investment Banking Division and in general management positions with Reebok International Ltd. Mr. Duke holds a B.A. in Economics and History from Boston College and an MBA from Duke University.

Christopher Lindner, President, FootJoy

Chris Lindner joined Acushnet Company and was appointed President, FootJoy in 2016. Prior to joining the Company, Mr. Lindner held positions at Wolverine Worldwide Inc. from 2010 to 2016 where he was President of Keds; Chief Marketing Officer and Senior Vice President of Business Development for Sperry; and Chief Marketing Officer and Senior Vice President of North America Sales for Saucony. Prior to 2010, Mr. Lindner held various positions with Nike, Inc., including as Vice President of Global Marketing for Converse and Vice President of Global Marketing for Bauer Hockey, and leadership positions with Electronic Arts. Mr. Lindner graduated from the University of St. Thomas with a B.A. in Business Administration – Management.

Brendan Reidy, Executive Vice President, Chief People Officer

Brendan Reidy joined Acushnet Company in 2019 and was appointed Executive Vice President, Chief People Officer in 2021. Prior to that, Mr. Reidy was the Company’s Senior Vice President, Chief Human Resources Officer. Prior to joining the Company, he was Vice President HR - Organizational Effectiveness at Biogen where he had responsibility for talent management, global learning, culture initiatives and people analytics, and also led HR for the global R&D organization and Global Commercial Operations. Prior to Biogen, Mr. Reidy worked at P&G and Gillette and held a number of positions in HR including as Country HR Manager for Costa Rica and as a leader of key integration projects for the integration of P&G and Gillette. Mr. Reidy holds a B.A. in English from Stonehill College.

Roland Giroux, Executive Vice President, Chief Legal Officer & Corporate Secretary

Roland Giroux joined Acushnet Company in 2000 and was appointed Executive Vice President, Chief Legal Officer and Corporate Secretary in 2021. Prior to that, Mr. Giroux held a number of positions with the Company, most recently as Vice President and Associate General Counsel. Prior to joining the Company, Mr. Giroux was Counsel for Fortune Brands, Inc. and worked at Chadbourne and Parke LLP in the Corporate and Project Finance practice groups. Mr. Giroux holds a B.S. in Chemical Engineering from Rensselaer Polytechnic Institute, an M.B.A. from Long Island University and a J.D. from Pace University.

Roger Czuchra, Executive Vice President Chief Technology and Digital Officer

Roger Czuchra joined Acushnet Company in November 2022 and was appointed Executive Vice President, Chief Technology and Digital Officer. Prior to joining the Company, he was the Chief Information Officer at Centric Brands, where he was responsible for developing a global technology foundation and creating a digital-first strategy. Mr. Czuchra has extensive experience with business analytics and transforming the way diverse, global organizations leverage technology for long-term success. Prior to Centric Brands, he worked at Legrand and Stanley Black & Decker. Mr. Czuchra holds a B.S. in Business Management from Albertus Magnus College and a Master of Science in Organizational Leadership from Quinnipiac University School of Business.

Board of Directors

Keun Chang (Kevin) Yoon

Keun Chang (Kevin) Yoon has been the President and Chief Executive Officer of Fila Holdings Corp. since March 2018. Mr. Yoon also served as Chief Financial Officer and Executive Vice President of the Strategic Planning and Footwear Division of Fila from July 2016 until March 2018. Mr. Yoon has also served multiple roles including Manager of Footwear Sourcing, Vice President and Chief Financial Officer of Fila North America as well as other Fila affiliations from February 2009 until October 2016. Fila North America is a wholly-owned subsidiary of Fila Holdings Corp., a public company listed on the Korea Exchange. Mr. Yoon has led the successful turnaround of Fila North America and Fila Holdings Corp. Mr. Yoon has knowledge and experience in operations within the consumer and sporting goods industry.

Yoon Soo (Gene) Yoon

Yoon Soo (Gene) Yoon has been the Chairman of Fila Holdings Corp. since 1994 and was the Chief Executive Officer of Fila from 1991 until March 2018. Fila Holdings Corp. 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

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 has served on our Board of Directors since October 2016. 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 SiriusXM Holdings, Inc., a position he has held since October 2020. Prior to joining SiriusXM Holdings, Inc., Mr. Sullivan served as Executive Vice President and Chief Financial Officer of AMC Networks Inc. from 2011 to 2020. 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 has been on our Board of Directors since October 2016. 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 has served on our Board of Directors since October 2016. 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.

Jan Singer

Jan Singer served as the Chief Executive Officer of J. Crew Group, Inc. from February 2020 to December 2020. Previously, Ms. Singer served as the Chief Executive Officer of Victoria's Secret Lingerie from 2016 to 2019 and the Chief Executive Officer of Spanx, Inc. from 2014 to 2016, in addition to previous roles at Nike, Reebok, Prada, Calvin Klein, and Chanel. Ms. Singer currently serves on the Board of Directors of the Brown Forman Corporation and Supernova Partners Acquisition Co. III Ltd., and has also previously served on the board of directors of J. Crew Group, Inc. and Kate Spade & Company. Ms. Singer has served on our Board of Directors since November 2021. Ms. Singer was selected to serve as a director because of her varied background, knowledge and experience in consumer products and experience in serving on other boards of directors.

Ho Yeon (Aaron) Lee

Ho Yeon (Aaron) Lee has been the Chief Financial Officer of Fila Holdings Corp. since September 2021 and the Head of Fila's Corporate Strategy Office since January 2018, and held a number of other positions since joining Fila in 2016. Mr. Lee has also been the President of Magnus Holdings Corp. since March 2021 and a member of the board of directors of Fila Luxembourg S.à.r.l. since 2019. Magnus and Fila Luxembourg are wholly-owned subsidiaries of Fila, a public company listed on the Korea Exchange. Prior to joining Fila, Mr. Lee worked at Samsungbioepis Co., Ltd., assisting in development and commercialization of various biopharmaceutical products. Mr. Lee has served on our Board of Directors since July 2022. Mr. Lee was selected to serve as a director because of his knowledge and experience in operations within the consumer and sporting goods industry.

Committee Composition

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.

Corporate Policies

Date Download Description

April 28, 2019 Supplier Citizenship Policy

April 27, 2019 Global Human Rights Policy

April 26, 2019 California Transparency in Supply Chains Act of 2010 Disclosure

April 25, 2019 Conflict Minerals Policy