PGA Tour Board Member Resigns Amid Controversial Saudi Deal
Randall Stephenson, a prominent board member of the PGA Tour, has resigned in protest of the organization's proposed tie-up with LIV Golf, a Saudi-backed rival. Stephenson expressed concerns about the lack of board oversight in negotiating the deal and cited the U.S. intelligence report on the murder of journalist Jamal Khashoggi as a factor in his decision. His resignation raises questions about the deal's approval and the potential for alternative sources of capital.
