Global Edition

Golf Industry News - George Fellows

A former England and Great Britain youth international, Anthony Thornley has been appointed Interim President and Chief Executive Officer, as the Company announces that it expects a net loss of approximately $55 million for the second quarter of 2011.

“First quarter results varied significantly by region with some reflecting robust recoveries and others reflecting the effects of external mitigating factors,” commented George Fellows, President and CEO Callaway Golf Company.

Inspite of declining markets both at home and abroad the Company increased sales and improved its underlying operational performance