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Ex-bank executive Seth Waugh named new CEO at PGA of America

August 28, 2018

The PGA of America has selected former Deutsche Bank America chief executive Seth Waugh to be its next CEO.

Waugh comes to the PGA of America with strong golf and business ties. He is finishing a three-year term on the PGA of America’s board. During his time at Deutsche Bank, he helped create a PGA Tour event that involved Tiger Woods and later became a FedEx Cup playoff event.

Waugh succeeds Pete Bevacqua, who is leaving to become president of the NBC Sports Group.

He will lead an organization that serves nearly 29,000 PGA professional across the country. The PGA of America also runs three major championships for men, women and seniors, along with hosting the Ryder Cup every four years.

“It is an honor and privilege to be invited to lead this remarkable Association into its second century,” Waugh said in a press release. “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.”