On April 3, 2023, Sean Sullivan accepted an offer from Acushnet Holdings to become its Executive Vice President and Chief Financial Officer. Mr. Sullivan is expected to be appointed to such position by the Company’s board of directors, effective June 1, 2023. In connection with his acceptance of such offer of employment, Mr. Sullivan informed the Company of his intent to resign from the Board, effective June 1, 2023. Thomas Pacheco, the Company’s current Executive Vice President, CFO and Chief Accounting Officer, will resign from his position, effective as of June 1, 2023, but will remain with the Company in a transitional role until August 15, 2023.
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