DAYTONA BEACH, Fla., Feb. 27, 2006 – W. Grant Gregory was elected by the Ladies Professional Golf Association (LPGA) Tour membership as an independent director on the LPGA Board of Directors at a Designated Player Meeting in Kahuku, Hawaii, Feb. 14. Gregory will fill a newly established fifth independent director seat. Gregory’s appointment begins a three-year term on the Board.
"I speak for the entire LPGA Board of Directors when I say we are thrilled to welcome Grant Gregory to his new position on the Board," said LPGA Commissioner Carolyn F. Bivens. "Grant’s world wide business and financial experience, service on numerous corporate boards as well as his work in public service will be an asset to the LPGA Board of Directors."
Mr. Gregory is the retired Chairman of Touche Ross (now Deloitte & Touche) and is an authority on Corporate Governance and mergers and acquisitions. As founder and Chairman of Gregory & Hoenemeyer, Inc., a merchant banking firm headquartered in Greenwich, Conn., Gregory brings decades of experience in corporate finance, sports marketing, and business strategy to the LPGA Board of Directors.
Gregory has served as a director on multiple corporate boards, including AMBAC Inc., AMBAC Indemnity, Inc., MCI, Jet Set Sports (Olympic Sponsor), DoubleClick, Inc. and GlenArbor Golf Club, of which he is a chairman and founder. In the public service sector, he is active on the Memorial Sloan- Kettering Cancer Research Advisory Board, has been a member of the U.S. Trade Representative’s Advisory Committee on International Trade and Services, Co-Chairman of the United States Privatization Council and is Chairman Emeritus of the National Forest Foundation (Washington, D.C.) as well as a member of the National Board of Directors of Junior Achievement. Big Brothers of America has recognized Gregory as "Businessman of the Year" and the New York Chapter of the National Association of Accountants has named him "Man of the Year."
Gregory graduated with distinction from the University of Nebraska in 1964 and was later awarded an Honorary Doctorate of Humane Letters and The Builder Award, the University’s highest non-academic recognition. Other academic pursuits include completing advanced management courses at Harvard University’s Graduate School of Business, at New York University and attendance at the Air Force War College.
Gregory is an avid outdoorsman. Grant and Karen Gregory reside in Greenwich, Conn., and Buffalo, Wyo. with their three children.
About the LPGA Board of Directors
The LPGA Board of Directors is responsible for overseeing the business of the LPGA and establishing goals and policies for the operation of the LPGA; long-range planning; counseling in the areas of legal, finance, member and sponsor relationships and other responsibilities as mandated by the LPGA Constitution. The Board of Directors appoints the commissioner as the chief executive of the LPGA who also serves as an ex-officio Board member.
The five independent directors of the 2006 LPGA Board of Directors are: Edwin L. Artzt, the retired chairman of the board and CEO of Procter and Gamble; Rae Evans, chairwoman of the LPGA Board of Directors and founder and president of Evans Capitol Group; W. Grant Gregory, founder of Gregory & Hoenemeyer, Inc.; Dawn Hudson, president and CEO, Pepsi-Cola North America, PepsiCo, Inc.; Charles S. Mechem, Jr., commissioner emeritus of the LPGA and retired chairman of the Convergys Corporation; and Marguerite Sallee, president and CEO of America’s Promise—The Alliance for Youth, who is also the founder and retired chairman and CEO of Bright Horizons.
The Board also includes seven members of the LPGA Tour Executive Committee: Heather Daly-Donofrio, president; Vicki Goetze-Ackerman, Jean Bartholomew, Kate Golden, Juli Inkster, Lorie Kane and Hilary Lunke and Stephanie Louden. Patti Benson, national president of the LPGA Teaching and Club Professional (T&CP) membership, also sits on the Board.
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