Callaway Gets Its Next CEO

From the Dow Jones newswire reporting that Callaway has poached Adams Golf CEO Oliver "Chip" Brewer as its new president and CEO.

The appointment comes after former Callaway President and Chief Executive George Fellows in June said he was resigning from his posts at the golf-equipment maker. The resignation came amid a weak preliminary outlook that prompted the company to eliminate some jobs.

Fellows had served in those roles since August 2005. He led initiatives including the company's international expansion, product-cost reduction and efforts to return golf to the Olympics.

He did?

E. Michael Johnson describes Brewer's attributes, his successes at Adams and why he was hired.