Dear Members and Guests,
As many of you know, I love music, particularly great lyrics. Five for Fighting's John Ondrasik is an incredibly gifted songwriter, and one of my favorite lines from John is "be careful what you wish for, history starts now."
Indeed, ClubCorp entered a new era on Sept. 20, 2013, when we became a publicly traded company. I was proud to represent all of our employee partners and our great members for this momentous occasion as I and members of the leadership team rang the New York Stock Exchange opening bell. Special kudos belong to our General Counsel, Ingrid Keiser, and Chief Financial Officer, Curt McClellan, for their incredible extra efforts in the remarkable process of launching an IPO.
As to the question some of you have asked, our going public does not change our singular focus of helping to "build relationships and enrich lives." As we communicated to Wall Street, during the next few years we hope to grow by acquisitions, continue to reinvent clubs in both the country club and business club divisions, and explore other opportunities with clubs that might complement our existing business model. We remain committed to serving you and your guests, adding more clubs and benefits to our portfolio, and representing all our new shareholders.
With a fond farewell,
President and CEO
Photography by Colleen Duffley