Jon Iwata, Tom Schoewe and Marina Alex Elected to LPGA Board of Directors
Former IBM and Walmart executives bolster a stellar cast of independent directors; Alex comes in as a player director
Jon Iwata, senior vice president and chief brand officer with IBM,
and Tom Schoewe, retired executive vice president and chief financial
officer at Walmart, have been elected by the membership of the LPGA Tour
as independent directors of the LPGA Board of Directors, effective
January 1, 2018.
Also
joining the Board next year is LPGA Tour player Marina Alex, a two-time
NGCA First-Team All-American selection who is highly respected by her
peers and will come in as a player director.
"Marina
Alex, a twice First-Team All-American at Vanderbilt University, is well
liked and hugely respected by her fellow LPGA Tour members. She served
on the LPGA Board's Nominating Committee in 2016 and helped vet
candidates to comprise the slate. She will be a wonderful addition as a
player director on the LPGA Board."
Iwata,
who is responsible for stewardship of the IBM brand and its positioning
as a global agenda-setter, is recognized as a leader in both the
marketing and corporate communications professions. He is an inductee of
the Marketing Hall of Fame, the CMO Club Hall of Fame and the Page
Society Hall of Fame, which honors lifetime achievement in public
relations and business communications.
Iwata
joined IBM in 1984 at the company’s Almaden Research Center in Silicon
Valley. He was appointed senior vice president of communications in
2002, and then senior vice president of marketing and communications in
2008 before assuming his current role this year. His responsibilities at
IBM embrace all its sports sponsorships, including its long-term
sponsorship of the Masters Tournament.
"I'm
excited and honored to join the LPGA Board of Directors," said Iwata.
"The LPGA is unique, not only in the world of golf, but in all of
sports. I look forward to contributing to the LPGA's continued success.”
Schoewe
is a recognized financial leader with global perspective. He served as
executive vice president and chief financial officer of Walmart Stores,
Inc. from 2000 to 2011. Prior to that he worked for Black & Decker,
where he served as senior vice president and chief financial officer.
Always focused on the customer, Schoewe’s background also includes
extensive operational, risk management, information technology and
corporate development activities.
Schoewe
currently serves on three public company boards: General Motors,
Northrop Grumman and KKR Management LLC. These and previously held
public company board positions make him well equipped to deal with a
broad range of challenges and opportunities. He was involved with the
creation of the Walmart NW Arkansas Championship, a premier stop on the
LPGA tour.
"I
am honored to serve on the LPGA board and extend a relationship that
began with the establishment of the tournament in Arkansas," said
Schoewe.
Alex,
who as an amateur was twice named SEC Player of the Year while playing
at Vanderbilt University, takes over as a player director from Mariajo
Uribe, who will have served out her two-year term at the end of next
month.
"I
am very honored to have been selected by my fellow players as a player
director for the next two seasons," said Alex. "I hope to represent the
ladies' needs and interests the best I can, and to leave the LPGA in an
even better place after my two years."
About the LPGA Board of Directors
The
responsibility for oversight and guidance of the management of the LPGA
lies with the LPGA Board of Directors. The Board of Directors comprises
six independent directors; the LPGA player directors (Player Executive
Committee); Deb Vangellow, the national president of the LPGA Teaching
and Club Professionals (T&CP); and Mike Whan, Commissioner of the
LPGA. The player directors may select annually up to three additional
LPGA players, one of whom has previously been a player director, to
serve for one year as non-voting player directors of the Player
Executive Committee. Non-voting members of the Player Executive
Committee are not members of the Board of Directors, but may be invited
to attend select meetings.
The
2018 LPGA player directors are: Vicki Goetze-Ackerman (President),
Austin Ernst, Christina Kim, Gerina Piller, Morgan Pressel, Sarah Jane
Smith and Alex.
The
LPGA independent board members are: Peter Carfagna, chairman/CEO of
Magis, LLC, and former chief legal officer of IMG; David Fay, former
executive director of the USGA; Peggy Mulligan, former executive vice
president and chief financial officer of Valeant Pharmaceuticals
International (formerly Biovail); Diane Gulyas, former president of
Performance Polymers and chief marketing officer of DuPont; Iwata; and
Schoewe.
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