Newton Golf Appoints Strategic CFO with $500M Growth Track Record to Drive Global Expansion
NEWTON GOLF Company (NASDAQ: SPGC) has appointed Ryan Stearns as Chief Financial Officer. Stearns brings over 20 years of financial expertise and will oversee the company’s financial strategy, operational reporting, and technology integration to support global expansion.
His track record includes securing $130 million in financing at his previous role as CFO of a professional consulting firm, scaling a life science company from $12 million to $500 million valuation, and leading a $185 million acquisition while implementing $5 million annual cost savings at a business service company.
NEWTON GOLF, a technology-forward golf company, manufactures putters, golf shafts, grips, and accessories. The company operates a shaft manufacturing facility in St. Joseph, MO, and sells products through resellers, websites, Club Champion retail stores, and distributors in the US, Japan, and South Korea.
NEWTON GOLF Company (NASDAQ: SPGC) ha nominato Ryan Stearns come Chief Financial Officer. Stearns porta con sé oltre 20 anni di esperienza finanziaria e supervisionerà la strategia finanziaria dell’azienda, la rendicontazione operativa e l’integrazione tecnologica per supportare l’espansione globale.
Il suo curriculum include l’ottenimento di 130 milioni di dollari in finanziamenti nel suo precedente ruolo di CFO di una società di consulenza professionale, l’espansione di un’azienda nel settore delle scienze della vita da 12 milioni a 500 milioni di dollari di valutazione e la conduzione di un’acquisizione da 185 milioni di dollari mentre implementava 5 milioni di dollari di risparmi annuali sui costi in un’azienda di servizi aziendali.
NEWTON GOLF, un’azienda di golf orientata alla tecnologia, produce putter, aste da golf, impugnature e accessori. L’azienda gestisce un impianto di produzione di aste a St. Joseph, MO, e vende i propri prodotti attraverso rivenditori, siti web, negozi al dettaglio Club Champion e distributori negli Stati Uniti, in Giappone e in Corea del Sud.
NEWTON GOLF Company (NASDAQ: SPGC) ha nombrado a Ryan Stearns como Director Financiero. Stearns aporta más de 20 años de experiencia financiera y supervisará la estrategia financiera de la empresa, los informes operativos y la integración tecnológica para apoyar la expansión global.
Su trayectoria incluye asegurar 130 millones de dólares en financiamiento en su anterior función como CFO de una firma de consultoría profesional, escalar una empresa de ciencias de la vida de 12 millones a 500 millones de dólares en valoración y liderar una adquisición de 185 millones de dólares mientras implementaba 5 millones de dólares en ahorros anuales de costos en una empresa de servicios comerciales.
NEWTON GOLF, una empresa de golf impulsada por la tecnología, fabrica putters, ejes de golf, empuñaduras y accesorios. La empresa opera una instalación de fabricación de ejes en St. Joseph, MO, y vende productos a través de revendedores, sitios web, tiendas minoristas de Club Champion y distribuidores en EE. UU., Japón y Corea del Sur.
NEWTON GOLF Company (NASDAQ: SPGC)는 Ryan Stearns를 최고 재무 책임자(CFO)로 임명했습니다. Stearns는 20년 이상의 재무 전문성을 갖추고 있으며, 회사의 재무 전략, 운영 보고 및 글로벌 확장을 지원하기 위한 기술 통합을 감독할 것입니다.
그의 경력에는 전문 컨설팅 회사의 CFO로서 1억 3천만 달러의 자금 조달을 확보하고, 생명 과학 회사를 1천 2백만 달러에서 5억 달러로 평가를 확대하며, 1억 8천 5백만 달러의 인수를 주도하면서 비즈니스 서비스 회사에서 연간 500만 달러의 비용 절감을 시행한 기록이 포함되어 있습니다.
NEWTON GOLF는 기술 중심의 골프 회사로, 퍼터, 골프 샤프트, 그립 및 액세서리를 제조합니다. 회사는 미주리주 생즉에서 샤프트 제조 시설을 운영하며, 제품을 재판매업체, 웹사이트, Club Champion 소매점 및 미국, 일본, 한국의 유통업체를 통해 판매합니다.
NEWTON GOLF Company (NASDAQ: SPGC) a nommé Ryan Stearns comme Directeur Financier. Stearns apporte plus de 20 ans d’expertise financière et supervisera la stratégie financière de l’entreprise, les rapports opérationnels et l’intégration technologique pour soutenir l’expansion mondiale.
Son parcours inclut la sécurisation de 130 millions de dollars en financement dans son précédent rôle de CFO d’une société de conseil professionnel, l’augmentation de la valeur d’une entreprise de sciences de la vie de 12 millions à 500 millions de dollars, et la direction d’une acquisition de 185 millions de dollars tout en mettant en œuvre des économies annuelles de 5 millions de dollars au sein d’une entreprise de services.
NEWTON GOLF, une entreprise de golf axée sur la technologie, fabrique des putters, des shafts de golf, des grips et des accessoires. L’entreprise exploite une installation de fabrication de shafts à St. Joseph, MO, et vend ses produits par le biais de revendeurs, de sites Web, de magasins de détail Club Champion et de distributeurs aux États-Unis, au Japon et en Corée du Sud.
NEWTON GOLF Company (NASDAQ: SPGC) hat Ryan Stearns zum Chief Financial Officer ernannt. Stearns bringt über 20 Jahre Erfahrung in der Finanzbranche mit und wird die Finanzstrategie des Unternehmens, die Betriebsberichte sowie die technologische Integration zur Unterstützung der globalen Expansion überwachen.
Seine Bilanz umfasst die Sicherstellung von 130 Millionen Dollar an Finanzierung in seiner vorherigen Funktion als CFO eines professionellen Beratungsunternehmens, die Skalierung eines Lebenswissenschaftsunternehmens von 12 Millionen auf 500 Millionen Dollar in der Bewertung sowie die Leitung einer 185 Millionen Dollar schweren Übernahme, während er 5 Millionen Dollar an jährlichen Kosteneinsparungen in einem Dienstleistungsunternehmen umsetzte.
NEWTON GOLF, ein technologieorientiertes Golfunternehmen, stellt Putter, Golf-Schaft, Griffe und Zubehör her. Das Unternehmen betreibt eine Schaftproduktionsstätte in St. Joseph, MO, und verkauft Produkte über Wiederverkäufer, Websites, Club Champion Einzelhandelsgeschäfte und Händler in den USA, Japan und Südkorea.
Positive
- Appointment of experienced CFO with proven track record in scaling companies
- Previous success in securing significant financing ($130M)
- Demonstrated ability to drive substantial company growth ($12M to $500M valuation)
- Strong M&A experience with $185M acquisition history
- Proven cost optimization skills ($5M annual savings)
CAMARILLO, CA, Jan. 06, 2025 (GLOBE NEWSWIRE) — NEWTON GOLF Company (Nasdaq: SPGC) (“NEWTON GOLF” or the “Company”), a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, announces the appointment of Ryan Stearns as Chief Financial Officer (CFO). Stearns brings over two decades of financial expertise spanning the public and private sectors, with a proven track record of driving operational excellence, strategic growth, and financial innovation.
Stearns will oversee the Company’s financial strategy, operational reporting, and technology integration to support the brand’s continued growth and global expansion. His extensive experience in mergers and acquisitions, capital funding, and financial process optimization positions him to make an immediate impact.
Throughout his career, Stearns has held impactful financial leadership roles in both established companies and growth-focused organizations. Most recently, he served as CFO of a professional consulting firm specializing in healthcare, fintech, and SaaS, where he secured
“Ryan’s appointment as CFO is well timed to our expected expansion of our financial performance in 2025 through increased brand recognition of our innovative replacement shafts and putters,” said Greg Campbell, CEO of NEWTON GOLF Company. “His expertise and leadership will be instrumental in driving rapid business growth, and his background in M&A brings an important skill set to this stage of the Company.”
All of NEWTON GOLF products can be found on www.newtongolfco.com.
About NEWTON GOLF: A Sacks Parente Company
NEWTON GOLF: A Sacks Parente Company, is a technology-forward golf company that help golfers elevate their game. With a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, the Company’s innovative accomplishments include: the First Vernier Acuity putter, patented Ultra-Low Balance Point (ULBP) putter technology, weight-forward Center-of-Gravity (CG) design, and pioneering ultra-light carbon fiber putter shafts.
In consideration of its growth opportunities in golf shaft technologies, the Company expanded its manufacturing business in April of 2022 to develop the advanced Newton brand of premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. It is the Company’s intent to manufacture and assemble substantially all products in the United States, while also expanding into golf apparel and other golf-related product lines to enhance its growth.
The Company’s future expansions may include broadening its offerings through mergers, acquisitions or internal developments of product lines that are complementary to its premium brand. The Company currently sells its products through resellers, the Company’s websites, Club Champion retail stores, and distributors in the United States, Japan, and South Korea. For more information, please visit the Company’s website at www.newtongolfco.com or on social media at @newtongolfco.com, @newtonshafts, or @gravityputters.
Media Contact for NEWTON GOLF:
Beth Gast
BG Public Relations
beth.gast@bgpublicrelations.com
Investor Contact for NEWTON GOLF:
CORE IR
516-222-2560
investors@sacksparente.com
FAQ
What experience does SPGC’s new CFO Ryan Stearns bring to NEWTON GOLF?
Ryan Stearns brings over 20 years of financial expertise, with experience in securing $130M in financing, scaling a company from $12M to $500M valuation, and leading a $185M acquisition while implementing $5M annual cost savings.
What are SPGC’s current distribution channels for golf products?
NEWTON GOLF sells its products through resellers, company websites, Club Champion retail stores, and distributors in the United States, Japan, and South Korea.
Where does SPGC manufacture its golf shafts?
NEWTON GOLF manufactures its golf shafts at a manufacturing facility in St. Joseph, Missouri, which opened in April 2022.
What are the main product categories in SPGC’s portfolio?
NEWTON GOLF’s product portfolio includes putters, golf shafts, golf grips, and other golf-related accessories, featuring patented technologies like Ultra-Low Balance Point putter technology and ultra-light carbon fiber putter shafts.
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