The Washington Post is reporting former AT&T Chairman Randall Stephenson has resigned from the PGA Tour policy board.
FILE - PGA Tour Commissioner Jay Monahan speaks during a news conference before the Travelers Championship golf tournament at TPC River Highlands, June 22, 2022, in Cromwell, Conn. Monahan is returning to work just over a month after he stepped away for a medical situation during a tumultuous time of working out a surprise commercial agreement with the Saudi backers of LIV Golf.
Khashoggi, a Washington Post contributing columnist and critic of Saudi Crown Prince Mohammed bin Salman, was slain at the Saudi consulate in Istanbul in 2018. U.S. intelligence concluded the crown prince likely approved the killing, which the crown prince denies. Monahan would be the CEO and Yasir Al-Rumayyan, the PIF governor, would be chairman of the new company. Al-Rumayyan also would have a seat on the PGA Tour board, though the PGA had assurances in the preliminary deal that it would always have a majority vote.
The 10-member PGA Tour board consists of five players and five independent directors. Two of them are board chairman Ed Herlihy and Jimmy Dunne, who joined Monahan in negotiating the deal over seven weeks with Al-Rumayyan.
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