Jay Monahan has been appointed as the next commissioner of golf’s PGA Tour.
Monahan, currently the tour’s deputy commissioner and chief operating officer, will take on his new role from 1st January 2017, when Tim Finchem retires after serving more than 22 years in the position. Monahan became chief operating officer in April as the tour continued succession planning for Finchem’s departure.
Monahan joined the PGA Tour in 2008 and has served as deputy commissioner since 1st April 2014. Prior to joining the tour, he was the executive vice president of the Fenway Sports Group (FSG), leading the sales and business development team for the property ownership and representation divisions. Additionally, he directed FSG’s sponsorship sales operations for the Major League Baseball (MLB) franchise Boston Red Sox, MLB Advanced Media, Nascar outfit Roush Fenway Racing and Boston College Athletics.
“I am greatly honoured by the trust the Policy Board has shown in me to succeed Tim Finchem as commissioner,” said Monahan. “Under Tim’s leadership, the PGA Tour has made remarkable progress, even in the most difficult economic times.
“We are now entering a very important time in our organisation’s history, and I know our executive team and I will draw upon and be inspired by the invaluable experience of working with Tim as we take advantage of the extraordinary opportunities, as well as face the challenges, that are ahead for the tour.”
Finchem added: “I have the highest regard for Jay and have total confidence in his ability to lead the PGA Tour well into the future. He has been a key member of the executive team since joining the tour and has worked closely with me on all business matters since becoming deputy commissioner. Jay is well respected throughout the PGA Tour family and the golf industry.
“I know he will do a tremendous job for the players and all constituents of the PGA Tour.”