President's Letter

Photo by Colleen Duffley

Dear Members and Guests,

Only 10 more months to go! Of course, I'm referring to the 2016 elections. If you're like me, I'm sure you are tired of the endless finger pointing, fact bending, and nonanswers to the most important questions of the day. As Winston Churchill was famously quoted: "It has been said that democracy is the worst form of government except for all the others that have been tried."

But in the real world, life goes on and it is great! Our ninth annual ClubCorp Charity Classic raised another $2.5 million-plus to benefit numerous charities across the country serving thousands of people in need. With the addition of almost 60 clubs to the ClubCorp family in the last 18 months, the number of you using your O.N.E. travel benefits hit an all-time high - as did the number of rounds played and meals served at our clubs. We wrapped up reinvention projects at 30 clubs last year and are geared up for numerous additional projects in the coming year. Our capital investment dwarfs any other company in the industry and we remain committed to investing in your clubs as you invest in us.

Finally, on a personal note, my beautiful granddaughter, Clara, is about to become a big sister. Hopefully, they will get the name right this time. "Erica" certainly has a nice ring to it.

With a fond farewell,

Eric Affeldt
President and CEO
eric.affeldt@clubcorp.com

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