Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain
Officers.
On December 6, 2021, Walter Uihlein notified Acushnet Holdings Corp. (the
"Company") of his intent to retire from the board of directors of the Company
(the "Board"), effective as of December 31, 2021. The retirement is not the
result of any disagreement with the Company. Mr. Uihlein was the Company's
former President and Chief Executive Officer, joining Acushnet Company in 1976
and appointed President and Chief Executive Officer in 1995. He was appointed
President and Chief Executive Officer of the Company in May 2016 until his
retirement as of January 1, 2018. Mr. Uihlein served as a member of the Board of
Directors of Acushnet Company from 1984 to October 2016 and has served on our
Board of Directors since October 2016. In 2005, Mr. Uihlein received the PGA of
America's Distinguished Service Award, the organization's highest honor. The
Board and management of the Company thank Mr. Uihlein for his 45 years of
dedicated service.
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