---
schema_version: "secwatch.filing_event.v1"
accession: "0001672013-23-000021"
form_type: "8-K"
ticker: "GOLF"
cik: "0001672013"
company_name: "Acushnet Holdings Corp."
filed_at: "2023-04-05T23:59:59+00:00"
generated_at: "2026-06-17T05:53:16.339198+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acushnet names Sean Sullivan as EVP and CFO effective June 1, 2023

## Summary
- Sean Sullivan appointed EVP and CFO, effective June 1, 2023; he will resign from Board same date.
- Thomas Pacheco resigns as EVP, CFO and CAO effective June 1, 2023; remains in transitional role until Aug 15, 2023.
- Sullivan's base salary set at $675,000; annual cash incentive target 85% of base; annual LTI target $2,000,000.
- One-time new hire RSU grant of $3,500,000 vesting over 2 years; accelerated vesting on termination without cause.
- Sullivan previously CFO of SiriusXM and AMC Networks; has been on Acushnet board since Oct 2016.

## SEC filing metadata
- accession: 0001672013-23-000021
- form_type: 8-K
- ticker: GOLF
- cik: 0001672013
- company_name: Acushnet Holdings Corp.
- filed_at: 2023-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000021/0001672013-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000021/golf-20230403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001672013-23-000021
- JSON: https://secwatch.observer/filing/0001672013-23-000021.json
- Plain text: https://secwatch.observer/filing/0001672013-23-000021.txt

## Key facts
- Executive change
  Sean Sullivan departed as Director at Acushnet Holdings Corp..
  - Action: resign
  - Role: Director
  source text: Mr. Sullivan informed the Company of his intent to resign from the Board, effective June 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000021/0001672013-23-000021-index.htm
- Executive change
  Thomas Pacheco departed as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at Acushnet Holdings Corp..
  - Action: resign
  - Role: Executive Vice President, Chief Financial Officer and Chief Accounting Officer
  source text: Thomas Pacheco, the Company’s current Executive Vice President, Chief Financial Officer and Chief Accounting Officer, will resign from his position (as previously disclosed in the Company’s March 24, 2023 8-K filing), effective as of June 1, 2023, but will remain with the Company in a transitional role until August 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000021/0001672013-23-000021-index.htm
- Executive change
  Sean Sullivan was appointed as Executive Vice President and Chief Financial Officer at Acushnet Holdings Corp..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On April 3, 2023, Sean Sullivan accepted an offer from Acushnet Holdings Corp. (the “Company”) to become its Executive Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000021/0001672013-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.