With Pete Bevacqua off to NBC Sports, former Deutsche Bank Americas CEO Seth Waugh has been tapped as the new Chief Executive Officer of the PGA of America. An Independent Director on the PGA of America Board of Directors, Waugh is wrapping up a three-year term of service and served as a Senior Advisor and then a Managing Director at Silver Lake, where he will continue on as a Senior Advisor to the firm. Waugh succeeds Bevacqua, who was recently named NBC Sports Group President, and will officially start at the PGA on Sept. 24.
“It is an honor and privilege to be invited to lead this remarkable Association into its second century,” Waugh said. “Like so many, I share a passion for the game that has given so much to me, and in the process, has somehow become a huge influence in my life. The opportunity to work with the nearly 29,000 PGA Professionals and others in the game to give back and to help our beautiful sport evolve is a true gift. I look forward to getting into the field to engage with our Members, learn more about the issues that matter most to them, and look for ways to enhance their careers and lives. I am grateful for the trust that the Officers and the Board are showing in me. It will be exciting to see all the good that we can do together as an Association and an industry.”