TaylorMade Golf CEO Ben Sharpe resigns for 'personal reasons'

TaylorMade CEO Ben Sharpe has resigned his position, citing "personal reasons."

David Abeles has been named Sharpe's replacement. Abeles, who was president and CEO of Competitor Group, returned to the company in February after leaving his role as an executive vice president in November 2013.

Sharpe took over as TaylorMade CEO in April 2014, assuming the role from Mark King, who was promoted to President of Adidas Group North America. The 40-year-old Sharpe had spent six years as TaylorMade-adidas Golf's European managing director was executive vice president of Adidas Golf and Ashworth before becoming CEO. He was tasked with getting the struggling golf operation back on solid footing in the wake of a massive overstock of previously released equipment.

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Ryan Ballengee is founder and editor of Golf News Net. He has been writing and broadcasting about golf for nearly 20 years. Ballengee lives in the Washington, D.C. area with his family. He is currently a +2.6 USGA handicap, and he has covered dozens of major championships and professional golf tournaments. He likes writing about golf and making it more accessible by answering the complex questions fans have about the pro game or who want to understand how to play golf better.

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