True Temper Sports, one of the world’s leading manufacturers of golf shafts, has announced that the company’s current chief operating officer, Jason Jenne, will succeed Scott Hennessy as chief executive officer in January 2015. Hennessy has been CEO of True Temper for more than 20 years and will keep both his ownership position in the company and his role as chairman of the board of directors.
“I believe that now is the perfect time for our company to move on to the next generation of leadership,” said Hennessy. “I am excited to see such a capable leader firmly in place in order to carry forward with the company’s momentum and strategy for the future.”
Jenne joined True Temper in 1998 and has served as both COO and CFO during his tenure, which the company says will help make the leadership transition relatively seamless. As COO, Jenne was in charge of the company’s global manufacturing facilities and worldwide operations. He will continue to serve on the board of directors.
“Since Scott and I have worked together for over 15 years, I’m sure it doesn’t come as a surprise that our product vision at True Temper is fairly well-aligned,” Jenne told Golf.com. “We must maintain our heritage in products such as Dynamic Gold, while always investing in R&D and product innovation to meet the changing global golf landscape.”
True Temper markets shafts under the Grafalloy, Project X and True Temper brands, and has a significant presence in the golf shaft marketplace among elite amateurs and professional golfers. Maintaining such a large share of the market could be difficult going forward, a challenge of which Jenne is well aware.
“We must never rest on our past success,” said Jenne. “We are always reevaluating our golf shaft portfolio. Our R&D group plans to make our shafts even lighter. We are currently working with new alloys and processing techniques that will enable our shafts to be lighter and with technologies that will enhance the feel of each and every shot.”
True Temper also manufacturers hockey, lacrosse and cycling equipment in addition to serving industrial tubing markets. The Memphis-based company employs more than 1,000 people in 10 facilities in the United States, Europe, Japan, China and Australia.