Topgolf Callaway Brands Management
Management criteria checks 2/4
Topgolf Callaway Brands' CEO is Chip Brewer, appointed in Mar 2012, has a tenure of 12.75 years. total yearly compensation is $11.11M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $13.19M. The average tenure of the management team and the board of directors is 3.7 years and 6.3 years respectively.
Key information
Chip Brewer
Chief executive officer
US$11.1m
Total compensation
| CEO salary percentage | 9.9% |
| CEO tenure | 12.8yrs |
| CEO ownership | 0.9% |
| Management average tenure | 3.7yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Topgolf Callaway Brands: A Bogey At These Prices Looks Improbable
Dec 29Topgolf Callaway Brands (NYSE:MODG) Use Of Debt Could Be Considered Risky
Dec 07
Topgolf Callaway Brands: No Signs Of Recovery In Sight
Nov 24Topgolf Callaway: Concerning Traffic Decline At Topgolf
Aug 16Topgolf Callaway Brands Corp.'s (NYSE:MODG) P/E Still Appears To Be Reasonable
Aug 01Why Topgolf Callaway Brands Corp. (NYSE:MODG) Could Be Worth Watching
Jul 11Topgolf Callaway's Growth Likely Isn't On A Sustainable Foundation
May 31Should Shareholders Reconsider Topgolf Callaway Brands Corp.'s (NYSE:MODG) CEO Compensation Package?
May 24Topgolf Callaway Brands (NYSE:MODG) Has No Shortage Of Debt
May 06Unpleasant Surprises Could Be In Store For Topgolf Callaway Brands Corp.'s (NYSE:MODG) Shares
Apr 13Topgolf Callaway Brands: The Stock Is Attractive, Even Without A Buyout
Mar 21Earnings Troubles May Signal Larger Issues for Topgolf Callaway Brands (NYSE:MODG) Shareholders
Feb 21Topgolf Callaway: Subpar Returns Heading Into Q4 Earnings
Feb 11At US$13.79, Is It Time To Put Topgolf Callaway Brands Corp. (NYSE:MODG) On Your Watch List?
Feb 10Here's Why Topgolf Callaway Brands (NYSE:MODG) Is Weighed Down By Its Debt Load
Jan 23There's Reason For Concern Over Topgolf Callaway Brands Corp.'s (NYSE:MODG) Price
Dec 29Topgolf Callaway: Balancing Challenges And Growth Potential Post-Merger
Nov 30Is Topgolf Callaway Brands Corp. (NYSE:MODG) Potentially Undervalued?
Oct 29Is Topgolf Callaway Brands (NYSE:MODG) A Risky Investment?
Oct 07Topgolf Callaway Brands: Robust Financial Performance, Future Growth Driven By Changing Demographics
Sep 24Topgolf Callaway Brands: An Initial Assessment
Aug 11At US$19.56, Is Topgolf Callaway Brands Corp. (NYSE:MODG) Worth Looking At Closely?
Jul 21Topgolf Callaway Brands (NYSE:MODG) Has A Somewhat Strained Balance Sheet
Jun 29Topgolf Callaway: Management Is Betting Big For A Reason
Jun 26Is Now The Time To Look At Buying Topgolf Callaway Brands Corp. (NYSE:MODG)?
Apr 22We Think Topgolf Callaway Brands (NYSE:MODG) Is Taking Some Risk With Its Debt
Mar 31Topgolf Callaway Brands: Still A Great Play, But Not As Great
Feb 26Why Topgolf Callaway Brands Corp. (NYSE:MODG) Could Be Worth Watching
Jan 15Here's Why Topgolf Callaway Brands (NYSE:MODG) Is Weighed Down By Its Debt Load
Dec 28Topgolf Callaway: A Great Long Term Investment
Dec 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$12m |
| Jun 30 2024 | n/a | n/a | US$21m |
| Mar 31 2024 | n/a | n/a | US$77m |
| Dec 31 2023 | US$11m | US$1m | US$95m |
| Sep 30 2023 | n/a | n/a | US$99m |
| Jun 30 2023 | n/a | n/a | US$108m |
| Mar 31 2023 | n/a | n/a | US$96m |
| Dec 31 2022 | US$11m | US$1m | US$158m |
| Sep 30 2022 | n/a | n/a | US$204m |
| Jun 30 2022 | n/a | n/a | US$150m |
| Mar 31 2022 | n/a | n/a | US$136m |
| Dec 31 2021 | US$27m | US$1m | US$322m |
| Sep 30 2021 | n/a | n/a | US$308m |
| Jun 30 2021 | n/a | n/a | US$376m |
| Mar 31 2021 | n/a | n/a | US$117m |
| Dec 31 2020 | US$5m | US$761k | -US$127m |
| Sep 30 2020 | n/a | n/a | -US$116m |
| Jun 30 2020 | n/a | n/a | -US$137m |
| Mar 31 2020 | n/a | n/a | US$60m |
| Dec 31 2019 | US$6m | US$895k | US$79m |
| Sep 30 2019 | n/a | n/a | US$80m |
| Jun 30 2019 | n/a | n/a | US$59m |
| Mar 31 2019 | n/a | n/a | US$91m |
| Dec 31 2018 | US$6m | US$845k | US$105m |
| Sep 30 2018 | n/a | n/a | US$114m |
| Jun 30 2018 | n/a | n/a | US$107m |
| Mar 31 2018 | n/a | n/a | US$78m |
| Dec 31 2017 | US$5m | US$800k | US$41m |
Compensation vs Market: Chip's total compensation ($USD11.11M) is above average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Chip's compensation has increased whilst the company is unprofitable.
CEO
Chip Brewer (60 yo)
12.8yrs
Tenure
US$11,105,846
Compensation
Mr. Oliver G. Brewer, III, also known as Chip, serves as Member of Advisory Board at KB Partners, LLC since joining the firm in May 2021. He has been the President and Chief Executive Officer at Topgolf Ca...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.8yrs | US$11.11m | 0.93% $ 13.2m | |
| Executive VP | 12.5yrs | US$2.95m | 0.12% $ 1.7m | |
| Executive VP & Chief Supply Chain Officer | 1.9yrs | US$2.05m | 0.17% $ 2.4m | |
| Executive VP & President of Callaway Golf | 1.8yrs | US$2.05m | 0.040% $ 571.6k | |
| Chief Executive Officer of Topgolf International | 3.7yrs | US$4.23m | 0.046% $ 653.2k | |
| Chief Operating Officer | less than a year | no data | no data | |
| Senior VP & Chief Accounting Officer | 11.6yrs | no data | 0.041% $ 586.9k | |
| Vice President of Investor Relations & Corporate Communications | no data | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| MD & President of Europe | 13.4yrs | US$1.06m | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President of Global Sports Marketing | no data | no data | no data |
3.7yrs
Average Tenure
60yo
Average Age
Experienced Management: MODG's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.8yrs | US$11.11m | 0.93% $ 13.2m | |
| Independent Director | 2.8yrs | US$234.87k | 0.017% $ 240.5k | |
| Independent Chairman | 15.8yrs | US$284.87k | 0.051% $ 728.2k | |
| Independent Director | 20.7yrs | US$234.87k | 0.044% $ 622.9k | |
| Independent Director | 6.6yrs | US$249.87k | 0.044% $ 629.4k | |
| Independent Director | 14.9yrs | US$244.87k | 0.12% $ 1.7m | |
| Independent Vice Chairman of the Board | 3.8yrs | US$234.87k | 0.043% $ 607.5k | |
| Independent Director | 3.8yrs | US$234.87k | 0.0096% $ 136.0k | |
| Independent Director | 9.3yrs | US$247.37k | 0.032% $ 458.4k | |
| Independent Director | 6.1yrs | US$234.87k | 0.023% $ 324.7k | |
| Independent Director | 3yrs | US$234.87k | 0.0080% $ 114.2k | |
| Independent Director | 1.5yrs | US$184.87k | 0.0038% $ 53.9k |
6.3yrs
Average Tenure
60yo
Average Age
Experienced Board: MODG's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:46 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Topgolf Callaway Brands Corp. is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kennison | Baird |
| Derek Leckow | Barrington Research Associates, Inc. |
| Alexander Maroccia | Berenberg |