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Wednesday, Oct 4, 2023

PROXY- Callaway Golf

allaway Golf Co. designs, develops, manufactures and markets high-quality, innovative golf clubs and golf balls.


Total number of shares outstanding as of April 3, 2000 76,100,000

Price of each share of common stock on April 3, 2000 $15.50

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Aggregate market value as of April 3, 2000 1,179,550,000.00

Performance Record

For year ended Dec. 31, in thousands, except per-share data

1999 1998 1997

Net sales $714,471 $697,621 $842,927

Net income (loss) $55,322 $(26,564) $132,704

Net income (loss) per share $0.78 $(0.38) $1.85

Total assets $616,783 $655,827 $561,714


Ely Callaway, 80, has been CEO since October 1998 and chairman since 1982.

William Baker, 66, served as director since January 1994. Since August 1998, he has been president and director of Meditrust Operating Co. He is also a director of Public Storage, Inc.

Vernon Jordan, 64, served as director since July 1997. In January 2000, he became the senior managing director at Lasard Freres & Co., LLC.

Yotaro Kobayashi, 66, served as director since June 1998. He is the chairman of Fuji Xerox Co., Ltd. He serves on the board of trustees of the University of Pennsylvania and Keio University.

Aulana Peters, 58, served as director since July 1996. Since 1980, she has been a partner of Gibson, Dunn & Crutcher.

Richard Rosenfield, 54, served as a director since April 1994. He is a co-founder and co-chairman of California Pizza Kitchen, Inc.

Charles Yash, 51, served as director since July 1996 and president since August 1999.

Executive Compensation

Officers Cash Compensation

Ely Callaway, chairman and CEO $1,320,677

Charles Yash, president $831,753

Richard Helmstetter, senior executive vice president, chief of new golf

club products $780,000

Bruce Parker, senior executive vice president, U.S. sales and chief merchant $780,000

Frederick Port, senior executive vice president, international sales $727,830

Significant Stock Ownership

Number of shares Percent

Feb. 29, 2000

Barclays Global Investors, N.A. 5,365,700 7.0

Sanwa Bank California 5,300,000 6.9

All directors and officers as a group (14 persons) 5,485,698 7.2

Other Information

Headquarters: 2285 Rutherford Road, Carlsbad, CA 92008; (760) 931-1771; fax (760) 931-8013; (www.callawaygolf.com)

Auditors: PricewaterhouseCoopers LLP, San Diego

Information was compiled from the company’s annual and proxy reports.


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