Saudi Arabia-backed LIV Golf Investments hires two female executives to leadership team
On Wednesday LIV Golf Investments, the new golf entity
backed by the Public Investment Fund which operates on behalf of the government
of Saudi Arabia, announced Monica Fee as its Senior Vice President, Global Head
of Partnerships and Lily Kenny as Head of Strategy.
“I am very pleased to welcome Monica and Lily to LIV Golf
Investments to help lead our company’s ambitious plans to expand our global
corporate presence and grow the game of golf around the world,” said Sean
Bratches, Chief Commercial Officer of LIV Golf Investments. “This is an
exciting time for all of us as we grow our team, and the appointments of Monica
and Lily is the latest show of force of how we are strengthening the commercial
arm of the business.”
Fee, a former Property Sales Agent at CAA Sports, will work
to identify key partners “to grow the sport of golf across the world.”
“I look forward to bringing my creativity and sponsorship
expertise to the LIV Golf Investments team, helping to grow the game and link
leading brands to a new global sports property,” said Fee. “It is an honor to
join Sean’s team and be part of something truly groundbreaking in the world of
sport.”
“The game of golf has immense potential for growth, and I am
eager to leverage my expertise and tap into the game’s true potential,” said
Kenny, who previously worked with Amazon.
No players have committed to play for the new venture,
largely criticized as a way for the Saudi government to “sportswash” its
controversial human rights record. According to LIV Golf, the PIF is its
majority shareholder and is, “one of the world’s largest sovereign wealth funds
with a diverse international investment portfolio.” The fund’s chairman is
Crown Prince Mohammed bin Salman, the son of Saudi Arabia’s king.
Despite the lack of player support at this time, LIV Golf
Investments is putting together a C-suite of industry executives with deep
experience.
Will Staeger, who has worked with sports brands like ESPN
and WWE, is the group’s new Chief Media Officer. Former PGA Tour rules official
Slugger White joined as Vice President of Rules & Competition Management.
Bratches, also a former ESPN executive, was appointed as Chief Commercial
Officer. Ron Cross, who spent 30 years between the PGA Tour and Augusta
National, is the Chief Events Officer. Atul Khosla, who most recently served as
the chief corporate development and brand officer for the Tampa Bay Buccaneers,
was hired last week as LIV Golf’s Chief Operating Officer.
The new golf venture has previously announced its intention
to begin competition in the spring of 2022.
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