ATLANTA, November 29, 2007 – SRI Sports Ltd. today announced the appointment of Shigeru Furuichi as the new President and CEO of its subsidiary Srixon Sports USA. Furuichi will be succeeding Richard Stamper.
Shigeru Furuichi comes into this new role after serving as Managing Director of Srixon Sports Europe where Srixon brand golf balls have quickly moved into the No. 2 market share position within the important United Kingdom market. Furuichi will be relocating to the Srixon Sports USA Atlanta office in January.
Richard Stamper will be stepping down from the positions of President and COO, which he has held for the past 6 years. "Rich has grown the Srixon brand in the North American market at a tremendous pace during his tenure and we thank him for his contributions," stated Takao Mizuno, Director of SRI Sports Ltd., and Chairman of Srixon Sports USA.
SRI Sports Ltd., after announcing the pending acquisition of Cleveland Golf, is moving aggressively to accelerate even further the market share position of Srixon in the very important North American market. "Moving both the Srixon brand and the Cleveland brand aggressively forward is one of our top priorities worldwide," cited Mizuno.
About SRI SportsÂ
SRIXON Sports USA, Inc., based in Lawrenceville, Ga., has been distributing premium golf balls and equipment in the U.S. since 1997 and is a subsidiary of SRI Sports Limited. SRI Sports Limited is the number one golf club manufacturer in the world’s second largest market, Japan, and is one of the world’s leading patent holders in golf ball technology. SRIXON golf balls earned 26 tournament victories on multiple professional tours around the world in 2006. For more information about SRIXON please visit www.srixon.com.Â
SRIXON is a registered trademark of SRI Sports Limited.
SRI Sports is a company of Sumitomo Rubber Industries Group.
Contact:
Jackie Beck, 860 304-3643, jackiebeck@srixon.com
Mike Pai, Srixon Sports USA, Inc., 678 518-5121, mike@srixon.com
