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Stock impact report

PGA Tour CFO Jay Madara retires from pivotal role [USA TODAY]

Korn Ferry (KFY) 
Last korn ferry earnings: 3/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kornferry.com
Company Research Source: USA TODAY
Since joining the Tour in 2021, Madara supported several key strategic initiatives, most notably helping lead the Tour's establishment of a for-profit subsidiary with the launch of PGA Tour Enterprises and the investment by Strategic Sports Group. He also played a critical role in the creation of the first-of-its-kind Player Equity Program, a unique ownership model in the sports industry. He is also listed as the Tour's treasurer on its non-profit Form 990 filing and it is his signature that signs off on the document. According to the Tour's latest Form 990, he earned more than $2 million in 2024. Madera formerly served a similar role as CFO at NBC Universal Media and before that at the Golf Channel. “Jay has been an instrumental leader during a period of significant change for the PGA Tour, and his financial stewardship helped position our organization for long-term growth,” said Tour CEO Brian Rolapp in a press release. “We are grateful for his contributions and service and wis Show less Read more
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