1

Acushnet Holdings

#3098

Rank

$4.09B

Marketcap

US United States

Country

Acushnet Holdings
Leadership team

Mr. David E. Maher (Pres, CEO & Director)

Mr. Thomas Pacheco (Exec. VP, CFO & Chief Accounting Officer)

Ms. Mary Louise Bohn (Pres of Titleist Golf Balls)

Products/ Services
Golf, Manufacturing, Sports
Number of Employees
1,000 - 20,000
Headquarters
Fairhaven, Massachusetts, United States
Established
1910
Company Registration
SEC CIK number: 0001672013
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
GOLF
Overview
Location
Summary
Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear. It offers golf balls under the Titleist brand; golf clubs, such as drivers, fairways, hybrids, and irons under the Titleist brand name; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand. The company also provides golf bags, headwear, golf gloves, travel products, head covers, and other golf accessories, as well as offers customization and personalization of products in Titleist golf gear. In addition, it offers golf shoes, gloves, golf outerwear, and men's and women's golf apparels under the FootJoy brand; and ski, golf, and lifestyle apparels under the KJUS brand name. It sells its products through on-course golf shops and golf specialty retailers, as well as through representatives, other retailers, and online. The company was formerly known as Alexandria Holdings Corp. and changed its name to Acushnet Holdings Corp. in March 2016. Acushnet Holdings Corp. was founded in 1910 and is headquartered in Fairhaven, Massachusetts.
History

Founded in Acushnet, Massachusetts by Philip E. "Skipper" Young in 1910, the "Acushnet Process Company" focused on deresinating latex and supplying rubber to industry, and over time began to make their own rubber-based products including water bottles and bathing caps. Eventually, Acushnet Process became a manufacturer of golf equipment, principally, golf balls.

In 1932, the company sectioned into two divisions: Rubber and Golf, both of which became quite successful. Three years later, the Golf division produced the Titleist golf ball, which has consistently been the company's most successful product.

In 1976, the company was purchased by American Brands . In 1995, Fortune sold off the Acushnet Company's Acushnet Rubber division, which was Acushnet's original business .Fortune Brands announced on December 8, 2010, that it planned to focus on its liquor business, and would spin off or sell other parts of the company — including home furnishings and hardware, and Acushnet . On May 20, 2011 it was announced that a Korean group associated with Fila Korea, Ltd. and Mirae Asset Private Equity would purchase Acushnet for $1.23 billion in cash. The deal was completed on July 29, 2011.On October 28, 2016, Acushnet was listed on the New York Stock Exchange via an initial public offering. In August 2018, Fila Korea acquired a controlling stake with the purchase of an additional 20% from several other investors, including Mirae Asset, to take their holdings to 53.1%.

Mission
To help people enjoy golf and the benefits it brings by creating and delivering value through innovative products and services.
Vision
We are focused on continuously elevating our brands and strengthening our relationships with customers, partners, employees and communities around the world. Our mission is to bring the utmost quality and performance to our sport and the people who play it.
Key Team

Mr. Steven Pelisek (Pres of Titleist Golf Clubs)

Mr. Christopher Aaron Lindner (Pres of FootJoy)

Mr. Roger Czuchra (Chief Technology & Digital Officer)

Mr. Roland A. Giroux (Exec. VP, Chief Legal Officer & Corp. Sec.)

Mr. Brendan J. Reidy (Exec. VP & Chief People Officer)

Mr. John Duke Jr. (Pres of Titleist Golf Gear)

Timo Regier (Managing Director of KJUS European Operations)

Recognition and Awards
Acushnet Holdings has received numerous awards and recognitions, including being named one of the fastest growing businesses in the United States by Forbes and receiving the Excellence in Manufacturing Award from the National Association of Manufacturers. Acushnet was also recognized by Golf Digest as the top-selling golf ball in 2019.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Acushnet Holdings
Leadership team

Mr. David E. Maher (Pres, CEO & Director)

Mr. Thomas Pacheco (Exec. VP, CFO & Chief Accounting Officer)

Ms. Mary Louise Bohn (Pres of Titleist Golf Balls)

Products/ Services
Golf, Manufacturing, Sports
Number of Employees
1,000 - 20,000
Headquarters
Fairhaven, Massachusetts, United States
Established
1910
Company Registration
SEC CIK number: 0001672013
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
GOLF