Former AT&T Chairman Randall Stephenson resigned from the PGA Tour’s policy board over concerns about the tour’s proposed partnership with Saudi Arabia’s national wealth fund, The Washington Post reported Sunday. The PGA Tour confirmed the resignation in a memo to its members, referring to Stephenson’s “exemplary service” for more than 12 years. Stephenson retired as chairman and CEO of AT&T in June 2020. The Post said it obtained a copy of his letter that was dated Saturday and said the tour’s framework agreement with Saudi Arabia’s Public Investment Fund “is not one that I can objectively evaluate or in good conscience support, particularly in light of the U.S. intelligence report concerning Jamal Khashoggi in 2018.” Khashoggi, a Washington Post contributing columnist and critic of Saudi Crown Prince Mohammed bin Salman, was slain at the Saudi consulate in Istanbul in 2018. U.S. intelligence concluded the crown prince likely approved the killing, which the crown prince denies. PGA Tour Commissioner Jay Monahan stunned every corner of the golf world — including his own membership — when he announced on June 6 a partnership with the PIF, which had paid for the rival league LIV Golf and was part of antitrust lawsuits. The agreement
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Stephenson Resigns From PGA Tour Board Over 'Serious Concerns' About Saudi Deal …
