December 4, 2019
Stuart Francis Nominated 66th USGA President
Hillsborough resident and NCGA member J. Stuart Francis has been nominated to serve as the 66th president of the United States Golf Association (USGA).
Additionally, Christopher Cupit of Johns Creek, Ga., and Courtney Myhrum of Pittsburgh, Pa., have been nominated to the 15-member Executive Committee, a volunteer group that provides strategic and financial oversight as the policy-making board of the Association.
“The USGA continues to benefit from having an exceptional group of candidates to choose from who reflect our mission and believe in our obligation to serve the game,” said Mike Davis, CEO of the USGA. “Led by Stu Francis, who brings his lifelong amateur competitive golf experience along with his over 40-year business career, each candidate brings a unique perspective and expertise that will make a lasting impact on the organization.”
Francis has been a member of the USGA Executive Committee for five years and has served on the Compensation, Equipment Standards and Governance committees in addition to four years as chair of the Championship Committee. An accomplished amateur golfer, Francis has competed in three U.S. Amateur Championships, two NCAA Championships and three Canadian Amateur Championships. Francis earned his B.A. from Princeton University, where he was named First Team All-Ivy League and All-American as co-captain of the men’s golf team. Francis, who also earned an MBA from Stanford University, is currently a senior managing director for Evercore, a global investment banking advisory firm, where he leads the Silicon Valley technology practice.
Executive Committee elections will take place at the USGA’s Annual Meeting on Feb. 29, 2020, in Pinehurst, N.C. Retiring from the Executive Committee will be Robert Kain, current president Mark Newell and general counsel Richard Shortz. Current members nominated to continue their service are Anthony Anderson, Michael Bailey, Stephen Beebe, Paul Brown, Thomas Barkin, Kendra Graham, Martha Lang, Fred Perpall, Deborah Platt Majoras, Nick Price, Sharon Ritchey and William Siart.
As part of a regular review to continue to enhance the effectiveness of the USGA governance structure, starting in 2020, Executive Committee member terms will increase from one year to three years, with a two-term limit. The president’s term will also increase to three years with a one-term limit. Additionally, the elected secretary, treasurer and general counsel roles on the Executive Committee will be retired and those functions will be assumed internally by the organization’s staff leadership.
The USGA is also strategically evolving its volunteer committee structure to improve efficiency, increase opportunity and enable greater diversity in assignments. Under this approach, volunteers will be able to better tailor their experience based on where, when and how they wish to serve. As part of the overall restructuring, the USGA Women’s Committee will also be retired in 2020. With the USGA’s evolution over the last decade resulting in many of the Women’s Committee’s duties being fully assumed by the executive management team and the Executive Committee, it was recognized that there is no longer a need for a separate committee. The USGA is grateful to and proud of the Women’s Committee for its important contributions over many years, which have significantly enhanced the development and health of women’s and girls’ golf and the overall game. Under the new volunteer structure, current members of the Women’s Committee will continue to play important volunteer roles both in supporting the women’s game and in contributing to the USGA in many other ways. The modifications reflect the results of a multi-year review of current practices and procedures that included extensive feedback from current volunteers.