Callaways Baker Gets Additional Duties

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Callaway chairman and CEO William C.Baker will take on additional operational duties as part of a company reorganization begun in August. The former Callway president and CEO Patrice Hutin, has resigned and Baker will assume those duties.

Ronald Beard, lead independent director on the Callaway Golf board, said the board of directors unanimously approved the changes. The moves are the latest in a series that began with the board's appointment of Baker as chairman and CEO in August following the resignation of former CEO Ronald Drapeau.

'Mr. Baker is fully up to speed on all the operational areas at Callaway Golf,' said Beard, 'and the board has confidence in his vision for the future as well as his ability to immediately carry out these additional duties.'

Commented Baker, 'We certainly appreciate the contributions that Patrice made to Callaway Golf in the years he was with us. He is a very talented executive who instituted a number of successful operational initiatives that should contribute to our efficiencies.'