TIM SCHANTZ NAMED EXECUTIVE VICE PRESIDENT, ACQUISITION AND DEVELOPMENT

Posted on March 02, 2001

Industry Search Leads Troon Golf to Promote from Within

Scottsdale, Arizona - Continuing to call upon its own ranks to maintain industry prominence as the world leader in upscale golf course management, development and marketing, Troon Golf has announced the promotion of Tim Schantz to Executive Vice President, Acquisition and Development.

Since joining Troon Golf in 1998, Schantz has served as the company's Executive Vice President, General Counsel and Corporate Administration. In that capacity his responsibilities included supervision of the company's legal and human resource departments, as well as assisting with other corporate operations. In his new position, Schantz will oversee Troon Golf's Acquisition and Development Department.

With a law degree from the University of Kansas, Schantz has over 11 years' experience specializing in corporate and real estate transactional matters. Prior to joining the company, Schantz spent five years in the California offices of the national law firm Latham & Watkins, followed by 2-1/2 years as Vice President, Senior Corporate Counsel for the Phoenix-based lodging company, Doubletree Corporation.

"I am extremely excited to take on a new and different challenge while continuing my career with Troon Golf," said Schantz. "The company is well positioned to continue and accelerate the tremendous growth it has experienced to date, and I am looking forward to contributing to that effort and the company's overall success."

"After an extensive industry search, we felt that we had the top candidate already on board," said Dana Garmany, Troon Golf Chairman and Chief Executive Officer. "In his new position, Tim will have an opportunity to build upon his knowledge and experience with Troon Golf, and we are certain he will meet the growth expectations for our company."

Based in Scottsdale, Arizona, Troon Golf represents over 80 management and development contracts in 16 American States and nine countries. Troon Golf facilities include venues such as Turnberry Hotel, Golf Courses & Spa, A Westin Resort, Ayrshire, Scotland; Troon North Golf Club, Scottsdale, Arizona; Cabo del Sol, Los Cabos, Mexico; Pelican Waters Golf Club, Queensland, Australia; The Creeks at Beechwood, Ft. Worth, Texas; and Sheraton Tamarron Resort, Durango, Colorado. Scottsdale, Arizona - Continuing to call upon its own ranks to maintain industry prominence as the world leader in upscale golf course management, development and marketing, Troon Golf has announced the promotion of Tim Schantz to Executive Vice President, Acquisition and Development.

Since joining Troon Golf in 1998, Schantz has served as the company's Executive Vice President, General Counsel and Corporate Administration. In that capacity his responsibilities included supervision of the company's legal and human resource departments, as well as assisting with other corporate operations. In his new position, Schantz will oversee Troon Golf's Acquisition and Development Department.

With a law degree from the University of Kansas, Schantz has over 11 years' experience specializing in corporate and real estate transactional matters. Prior to joining the company, Schantz spent five years in the California offices of the national law firm Latham & Watkins, followed by 2-1/2 years as Vice President, Senior Corporate Counsel for the Phoenix-based lodging company, Doubletree Corporation.

"I am extremely excited to take on a new and different challenge while continuing my career with Troon Golf," said Schantz. "The company is well positioned to continue and accelerate the tremendous growth it has experienced to date, and I am looking forward to contributing to that effort and the company's overall success."

"After an extensive industry search, we felt that we had the top candidate already on board," said Dana Garmany, Troon Golf Chairman and Chief Executive Officer. "In his new position, Tim will have an opportunity to build upon his knowledge and experience with Troon Golf, and we are certain he will meet the growth expectations for our company."

Based in Scottsdale, Arizona, Troon Golf represents over 80 management and development contracts in 16 American States and nine countries. Troon Golf facilities include venues such as Turnberry Hotel, Golf Courses & Spa, A Westin Resort, Ayrshire, Scotland; Troon North Golf Club, Scottsdale, Arizona; Cabo del Sol, Los Cabos, Mexico; Pelican Waters Golf Club, Queensland, Australia; The Creeks at Beechwood, Ft. Worth, Texas; and Sheraton Tamarron Resort, Durango, Colorado.
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