PGA Tour looking to add CEO. What does that mean for Jay Monahan?

The PGA Tour is seeking a CEO.

PGA Tour Commissioner Jay Monahan revealed in an email to staff and during a town hall meeting he hosted on Tuesday morning that it is launching a search for a CEO of PGA Tour Enterprises.

Monahan will remain as commissioner, serve on the Tour’s policy board as a director, a first for a Tour commissioner, and partake in the search committee for the CEO.

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Arthur Blank, the founder of Home Depot and owner of the NFL’s Atlanta Falcons and TGL’s Atlanta Drive, will lead the search committee as a member of the Tour Enterprises board. Others on the search committee include Enterprises Chair Joe Gorder, the CEO of Valero Oil whose company is title sponsor of the Valero Texas Open, board director Sam Kennedy of Strategic Sports Group, as well as player directors Tiger Woods and Adam Scott. The Tour also has engaged Korn Ferry, the overarching title of the Tour’s developmental circuit, to help in the search. Monahan noted that the company would be looking externally in search of

Monahan initially had been named the CEO of PGA Tour Enterprises in march, but he noted in his email that he had pushed for the hiring of a CEO since the beginning of the year.

The CEO role will report directly to the PGA Tour Policy Board, as well as the BOD for Enterprises.

In other news, Monahan announced that Ron Price, the Tour’s COO, would be retiring at the end of the year after a 30-year tenure. His role is not expected to be filled.

This article originally appeared on Golfweek: PGA Tour commissioner Jay Monahan helping in search for new CEO