'On behalf of the Memorial Tournament and Muirfield Village Golf Club, we are thrilled to form our relationship with Morgan Stanley,' tournament founder and host Jack Nicklaus said. 'Morgan Stanley's support will allow the tournament to continue to conduct one of the premier tournaments in golf, one that offers equal appeal to the players, spectators and national and international television viewers. I am proud to welcome such a respected worldwide company that shares in our commitment to the game, its players and the fans.'
As part of this new relationship, an 18-hole pro-am will take place on Tuesday, May 27. The Chairman's Invitational will consist of 18 top professionals in the Memorial field and 54 invited amateurs that will compete in a shotgun, best-ball format.
'The Chairman's Invitational will be a welcomed addition for spectators,' tournament director Dan Sullivan said. 'We expect our patrons will enjoy the return of a pro-am on Tuesday afternoon.'
Each year the Memorial Tournament is dedicated to the memory of a person, living and deceased, who has played the game with conspicuous honor. The honorees for the 2003 Memorial, as named by the Captains Club are, Bill Campbell, one of the most distinguished amateur players in American golf as well as a current Memorial Tournament Captains Club member, and Julius Boros, who won 18 times on the PGA Tour between 1952 and 1968, including three major championships.
'We're very happy to be teamed with the Memorial Tournament and Jack Nicklaus, its legendary founder,' said Morgan Stanley chairman and chief executive officer Philip J. Purcell.