Callaway Golf name new CEO

CARLSBAD, Calif. — Callaway Golf Company has appointed Chip Brewer as president and CEO, effective March 5. Tony Thornley, who has served as interim president and CEO since June 2011, will resign from his interim positions on March 5, but will continue to serve on the Board of Directors. It is expected that Brewer will be appointed to the board of directors once he officially joins the company. "After a very thorough search, we believe that we have selected the ideal candidate to lead us through the next chapter at Callaway," commented Ronald Beard, chairman of the board of