TROON GOLF HIRES SCOTT VAN NEWKIRK AS VP/OPERATIONS JAPAN

Posted on May 31, 2002

Veteran Club Manager to Seek New Acquisitions in the Far East

Scottsdale, Arizona - Troon Golf, the world's leading luxury golf management, development, and marketing company, has announced the recent hiring of Scott Van Newkirk as Vice President, Operations, Japan.

Van Newkirk's appointment to the company's Japanese division is further evidence of Troon Golf's belief in the country's rebounding golf market and their interest in helping distressed golf properties attain a viable economic stature. Van Newkirk will be working closely with Troon Golf partner Goldman Sachs in the area of asset management and due diligence as Troon Golf seeks new acquisitions. A veteran PGA professional, Van Newkirk moves to his new position from GolfMatrix, a golf management company in which he co-founded in 1999 and served as President of Club Operations.

"Watching Troon Golf develop into a dynamic industry leader, I am thrilled to now have an important role in the company's future success," Van Newkirk stated. "I am certain my work with the Japan operations will prove to be an exciting new chapter in my career."

"We are pleased to welcome Scott to this company and are grateful for the talent and experience he brings to our Japanese operations," said Troon Golf President and Chief Operating Officer, Hud Hinton. "Scott arrives attuned to the Troon Golf culture and shares our goal to operate within our renowned high standards, and will contribute significantly to our future growth and success in Japan."

Headquartered in Scottsdale, Arizona, Troon Golf manages operations at more than 115 clubs located in 23 states and 10 countries. Additionally, 22 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include The Westin Turnberry Resort, Ayrshire, Scotland; The Sagamore Club, Indianapolis, Indiana; Troon North Golf Club, Scottsdale, Arizona; Revere at Anthem, Henderson, Nevada; Maderas, San Diego, California; Oak Village Golf Club, Chiba and Kitago Golf Club, Miyazaki, Japan.Scottsdale, Arizona - Troon Golf, the world's leading luxury golf management, development, and marketing company, has announced the recent hiring of Scott Van Newkirk as Vice President, Operations, Japan.

Van Newkirk's appointment to the company's Japanese division is further evidence of Troon Golf's belief in the country's rebounding golf market and their interest in helping distressed golf properties attain a viable economic stature. Van Newkirk will be working closely with Troon Golf partner Goldman Sachs in the area of asset management and due diligence as Troon Golf seeks new acquisitions. A veteran PGA professional, Van Newkirk moves to his new position from GolfMatrix, a golf management company in which he co-founded in 1999 and served as President of Club Operations.

"Watching Troon Golf develop into a dynamic industry leader, I am thrilled to now have an important role in the company's future success," Van Newkirk stated. "I am certain my work with the Japan operations will prove to be an exciting new chapter in my career."

"We are pleased to welcome Scott to this company and are grateful for the talent and experience he brings to our Japanese operations," said Troon Golf President and Chief Operating Officer, Hud Hinton. "Scott arrives attuned to the Troon Golf culture and shares our goal to operate within our renowned high standards, and will contribute significantly to our future growth and success in Japan."

Headquartered in Scottsdale, Arizona, Troon Golf manages operations at more than 115 clubs located in 23 states and 10 countries. Additionally, 22 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include The Westin Turnberry Resort, Ayrshire, Scotland; The Sagamore Club, Indianapolis, Indiana; Troon North Golf Club, Scottsdale, Arizona; Revere at Anthem, Henderson, Nevada; Maderas, San Diego, California; Oak Village Golf Club, Chiba and Kitago Golf Club, Miyazaki, Japan.
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