NEWTON GOLF Company Appoints Ryan Stearns as Chief Financial Officer
06 Janvier 2025 - 2:15PM
NEWTON GOLF Company (Nasdaq: SPGC) (“NEWTON GOLF” or the
“Company”), a technology-forward golf company with a growing
portfolio of golf products, including putters, golf shafts, golf
grips, and other golf-related accessories, announces the
appointment of Ryan Stearns as Chief Financial Officer (CFO).
Stearns brings over two decades of financial expertise spanning the
public and private sectors, with a proven track record of driving
operational excellence, strategic growth, and financial innovation.
Stearns will oversee the Company’s financial
strategy, operational reporting, and technology integration to
support the brand’s continued growth and global expansion. His
extensive experience in mergers and acquisitions, capital funding,
and financial process optimization positions him to make an
immediate impact.
Throughout his career, Stearns has held
impactful financial leadership roles in both established companies
and growth-focused organizations. Most recently, he served as CFO
of a professional consulting firm specializing in healthcare,
fintech, and SaaS, where he secured $130 million in financing and
successfully guided the company through its first financial audit.
Prior to that role, Stearns served as the CFO of a life science
company, where he managed a diverse biotech portfolio and helped
scale the company from a $12 million startup to a $500 million
valuation. Earlier in his career, as CFO of a large business
service company, Stearns led a $185 million acquisition and
implemented cost-saving initiatives that delivered $5 million in
annual cost savings.
“Ryan’s appointment as CFO is well timed to our
expected expansion of our financial performance in 2025 through
increased brand recognition of our innovative replacement shafts
and putters,” said Greg Campbell, CEO of NEWTON GOLF Company. “His
expertise and leadership will be instrumental in driving rapid
business growth, and his background in M&A brings an important
skill set to this stage of the Company.”
All of NEWTON GOLF products can be found on
www.newtongolfco.com.
About NEWTON GOLF: A Sacks Parente Company
NEWTON GOLF: A Sacks Parente Company, is a
technology-forward golf company that help golfers elevate their
game. With a growing portfolio of golf products, including putters,
golf shafts, golf grips, and other golf-related accessories, the
Company’s innovative accomplishments include: the First Vernier
Acuity putter, patented Ultra-Low Balance Point (ULBP) putter
technology, weight-forward Center-of-Gravity (CG) design, and
pioneering ultra-light carbon fiber putter shafts.
In consideration of its growth opportunities in
golf shaft technologies, the Company expanded its manufacturing
business in April of 2022 to develop the advanced Newton brand of
premium golf shafts by opening a new shaft manufacturing facility
in St. Joseph, MO. It is the Company’s intent to manufacture and
assemble substantially all products in the United States, while
also expanding into golf apparel and other golf-related product
lines to enhance its growth.
The Company’s future expansions may include
broadening its offerings through mergers, acquisitions or internal
developments of product lines that are complementary to its premium
brand. The Company currently sells its products through resellers,
the Company’s websites, Club Champion retail stores, and
distributors in the United States, Japan, and South Korea. For more
information, please visit the Company’s website
at www.newtongolfco.com or on social media at
@newtongolfco.com, @newtonshafts, or @gravityputters.
Media Contact for NEWTON
GOLF:
Beth GastBG Public Relationsbeth.gast@bgpublicrelations.com
Investor Contact for NEWTON GOLF:CORE
IR516-222-2560investors@sacksparente.com
Sacks Parente Golf (NASDAQ:SPGC)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Sacks Parente Golf (NASDAQ:SPGC)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025