Topgolf U.S. Chief Ken May to Retire as Parent Company CEO Takes Over Duties

Ken May will retire this month as leader of Topgolf's U.S. ventures after helping the fast-growing Dallas-based company launch 24 entertainment venues, the company announced Tuesday.His responsibilities will be assumed by Erik Anderson, co-chairman and CEO of parent company Topgolf Entertainment Group. Anderson also is founder and CEO of WestRiver Group, which is one of Topgolf's principal investors.May, 56, came out of retirement in August 2013 when he joined Topgolf as COO. He became CEO of U.S. operations less than a year later and guided a four-year growth cycle that saw the company quadruple its workforce. Earlier this year, May earned the 61st spot on Glassdoor's highest-rated CEOs list. Prior to Topgolf, May was CEO of FedEx Kinko's, president of Krispy Kreme and chairman of the March of Dimes National Board of Trustees."Working for Topgolf has been one of the greatest joys of my life, and I am very proud of the company's incredible growth and passion for bringing people together and creating moments that matter," May said in a statement. "I look forward to cheering on the company as it begins this new chapter."  Continue reading...