Under Armour Posts First Quarterly Loss Since '05 SMI Sees Attendance Revenue Drop In Q1 Everfi Raises $190M Series D Funding Round StubHub Ends Q1 With Gains In Revenue, Sales CAA Expands Presence In China With New Deal SeatGeek Buys Software Company TopTix Blue Star Sports To Announce Acquisitions, Add Staff ISC Q1 Shows Uptick In Overall Revenue Sources: VF Selling Sports Group To Fanatics Angels P Talks Committing Future Earnings To Fantex
Upcoming Conferences and Events
May 31 - Jun 1
MANAGEMENT CHANGE AT ARNOLD PALMER GOLF SEES TOP EXECS LEAVE
Published November 24, 1997
Arnold Palmer Golf said its Chair & CEO George Nichols and President Roger Helms have resigned from the company, according to the WALL STREET JOURNAL. John Lupton, Chair of the board's Exec Committee, "will immediately assume the role" of Chair and CEO. Although Nichols and Helms could not be reached for comment, company Dir Joel Richardson said that the two left "voluntarily." Richardson: "They've done a lot for the company in the last few years ... but the company is not at the point they'd like it to be." For the nine months ended June 30, the company reported a net loss of $3M, or $1 a share, on sales of $24M. As part of the organizational changes, Arnold Palmer "will take a much more active role in the company, focusing on product development and marketing activities" (WALL STREET JOURNAL, 11/24).