leadership
confidence high
sentiment neutral
materiality 0.70
Topgolf Callaway Brands CEO Artie Starrs resigns; Topgolf spin-off likely delayed to 2026
Callaway Golf Co
- Artie Starrs resigns as CEO of Topgolf to become CEO of another company; will stay through Sept 2025 for transition.
- Company reaffirms plan to spin-off or sell Topgolf, but now expects transaction in 2026 after hiring a new CEO.
- Q2 2025 earnings to be reported next week; same venue sales trends improving.
- Executive search for Starrs' replacement is underway.
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