The Washington Post is reporting former AT&T Chairman Randall Stephenson has resigned from the PGA Tour policy board.
FILE - PGA Tour Commissioner Jay Monahan speaks during a news conference before the Travelers Championship golf tournament at TPC River Highlands, June 22, 2022, in Cromwell, Conn. Monahan is returning to work just over a month after he stepped away for a medical situation during a tumultuous time of working out a surprise commercial agreement with the Saudi backers of LIV Golf.
Khashoggi, a Washington Post contributing columnist and critic of Saudi Crown Prince Mohammed bin Salman, was slain at the Saudi consulate in Istanbul in 2018. U.S. intelligence concluded the crown prince likely approved the killing, which the crown prince denies. Monahan would be the CEO and Yasir Al-Rumayyan, the PIF governor, would be chairman of the new company. Al-Rumayyan also would have a seat on the PGA Tour board, though the PGA had assurances in the preliminary deal that it would always have a majority vote.
The 10-member PGA Tour board consists of five players and five independent directors. Two of them are board chairman Ed Herlihy and Jimmy Dunne, who joined Monahan in negotiating the deal over seven weeks with Al-Rumayyan.
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Randall Stephenson resigns from PGA Tour board, citing concerns over Saudi dealFormer AT&T Chairman Randall Stephenson resigned from the PGA Tour's policy board over concerns about the tour's proposed partnership with Saudi Arabia's...
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PGA Tour policy board member Randall Stephenson resigns over deal with LIV Golf: reportLongtime PGA Tour policy board member Randall Stephenson 'had serious concerns' over the deal with LIV Golf, according to a Washington Post report.
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PGA Tour policy board member resigns over partnership with LIV Golf, Saudi ArabiaA member of the PGA Tour's policy board resigned on Saturday over 'serious concerns' he has regarding the new partnership with LIV Golf and Saudi Arabia, according to The Washington Post.
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PGA Tour policy board member resigns over partnership with LIV Golf, Saudi ArabiaA member of the PGA Tour's policy board resigned on Saturday over 'serious concerns' he has regarding the new partnership with LIV Golf and Saudi Arabia, according to The Washington Post.
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Jay Monahan Set to Return as PGA Tour Chief After Stress-Induced Medical LeaveJay Monahan is slated to return as the PGA Tour’s commissioner a month after taking a leave of absence for medical issues he connected to the stress from the stunning deal with LIV’s Saudi backers.
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PGA Tour commissioner Jay Monahan announces return after taking month-long medical leaveJay Monahan's future has been the subject of speculation since the PGA Tour said he was taking leave. It came one week after he announced a joint venture with the Public Investment Fund of Saudi Arabia, the sovereign wealth fund bankrolling rival LIV Golf.
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