According to reports, Cindy Davis (52), announced her retirement as president of Nike Golf Tuesday afternoon. She is the first woman to be named president of a major golf equipment company and still remains the highest ranking female executive in the world of golf.
The person that will be filling her shoes will be announced at a later date according to Nike.
“We thank Cindy for her leadership throughout the years as she has led the development and growth of Nike’s golf business worldwide. Under Cindy’s direction, Nike Golf has steadily delivered profitable growth year after year since 2009,” said Jayme Martin, vice president and general manager of Global Categories, in a statement regarding her retirement.
According to Golf Digest, In Davis’s six-plus years at the helm, Nike Golf has seen its sales hold relatively steady and the company remain one of the game’s leading brands yet still trail TaylorMade-adidas Golf, Callaway Golf and Acushnet. Sales were $725 million in May 2008, and $789 million through the fiscal year ended May 2014. The 2014 numbers were about equal to 2013’s figure of $792 million.
Since 2008, the year Davis took over, Nike staffers have won more majors with their endorsed players than any other company with seven. The list includes Trevor Immelman (2008 Masters), Woods (2008 U.S. Open), Lucas Glover (2009 U.S. Open), Stewart Cink (2009 British Open), Charl Schwartzel (2011 Masters), McIlroy (2014 British, 2014 PGA Championship).