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PGA Of America Hires Seth Waugh As CEO, Replacing Bevacqua

Waugh at the Deutsche Bank Championship in '10getty images

The PGA of America has hired Seth Waugh as CEO, replacing Pete Bevacqua, who left the organization this month to become president of NBC Sports Group. Waugh, a Managing Dir of investment firm Silver Lake and former CEO of Deutsche Bank Americas, begins his new job on Sept. 24. He will continue to be a senior advisor to Silver Lake. Golf website MorningRead.com late last week first reported Waugh was being linked to the PGA.

Waugh is no stranger to the golf industry or the PGA of America, where he has grown familiar with the 29,000-member organization as an independent director on the organization’s BOD. He was instrumental in creating the PGA Tour’s former Deutsche Bank Championship. RSR Partners conducted the search for the PGA of America. SBJ in '14 profiled Waugh and examined his ties to golf.

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