Topgolf Callaway Brands Management
Management criteria checks 3/4
Topgolf Callaway Brands' CEO is Chip Brewer, appointed in Mar 2012, has a tenure of 12.25 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 $26.45M. The average tenure of the management team and the board of directors is 11.1 years and 5.8 years respectively.
Key information
Chip Brewer
Chief executive officer
US$11.1m
Total compensation
| CEO salary percentage | 9.9% |
| CEO tenure | 12.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 11.1yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Topgolf 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 24
Topgolf 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 16Is There Now An Opportunity In Topgolf Callaway Brands Corp. (NYSE:MODG)?
Oct 15Topgolf Callaway: Unconventional Play In Leisure
Oct 05Here's Why Topgolf Callaway Brands (NYSE:MODG) Has A Meaningful Debt Burden
Sep 27Callaway Golf Stock: Still A Fantastic Prospect
Jul 19Is Now An Opportune Moment To Examine Callaway Golf Company (NYSE:ELY)?
Jul 15Here's Why Callaway Golf (NYSE:ELY) Has A Meaningful Debt Burden
Jun 29An Intrinsic Calculation For Callaway Golf Company (NYSE:ELY) Suggests It's 40% Undervalued
Jun 13Top Golf's Wide Moat Gives Callaway Upside
May 11Does Callaway Golf (NYSE:ELY) Have A Healthy Balance Sheet?
Mar 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD6.78M).
Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.
CEO
Chip Brewer (60 yo)
12.3yrs
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 | 12.3yrs | US$11.11m | 0.93% $ 26.4m | |
| Executive VP | 12yrs | US$2.95m | 0.12% $ 3.4m | |
| Executive VP & Chief Supply Chain Officer | 1.4yrs | US$2.05m | 0.17% $ 4.8m | |
| Executive VP & President of Callaway Golf | 1.3yrs | US$2.05m | 0.040% $ 1.1m | |
| Chief Executive Officer of Topgolf International | 3.2yrs | US$4.23m | 0.046% $ 1.3m | |
| Senior VP & Chief Accounting Officer | 11.1yrs | no data | 0.041% $ 1.2m | |
| 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 | 12.9yrs | 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 | |
| President of Asia | 12.9yrs | US$972.13k | no data |
11.1yrs
Average Tenure
60.5yo
Average Age
Experienced Management: MODG's management team is seasoned and experienced (11.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.3yrs | US$11.11m | 0.93% $ 26.4m | |
| Independent Director | 2.3yrs | US$234.87k | 0.014% $ 395.6k | |
| Independent Chairman | 15.3yrs | US$284.87k | 0.051% $ 1.5m | |
| Independent Director | 20.2yrs | US$234.87k | 0.044% $ 1.2m | |
| Independent Director | 6.1yrs | US$249.87k | 0.041% $ 1.2m | |
| Independent Director | 14.4yrs | US$244.87k | 0.11% $ 3.2m | |
| Independent Vice Chairman of the Board | 3.3yrs | US$234.87k | 0.043% $ 1.2m | |
| Independent Director | 3.3yrs | US$234.87k | 0.0096% $ 272.5k | |
| Independent Director | 8.8yrs | US$247.37k | 0.032% $ 919.0k | |
| Independent Director | 5.6yrs | US$234.87k | 0.023% $ 651.0k | |
| Independent Director | 2.5yrs | US$234.87k | 0.0081% $ 229.3k | |
| Independent Director | less than a year | US$184.87k | 0.0038% $ 108.3k |
5.8yrs
Average Tenure
60yo
Average Age
Experienced Board: MODG's board of directors are considered experienced (5.8 years average tenure).