I was finishing a long two-hour stalking scouting session in the practice area when I heard the good news! — Deutsche Bank has decided to remain as the title sponsor of PGA Tour event at TPC Boston for at least two more years. CEO Seth Waugh kicked off the press conference, saying “As Mark Twain once said, ‘The rumors of my demise are greatly exaggerated.'”
Waugh also announced that EMC, a data storage company based in nearby Hopkington, MA, will join Deutsche as a presenting local sponsor.
“I want to apologize that it sort of couldn’t be as transparent over the last eight months as you can imagine,” said Waugh. “When you have the number of parties that we have involved, even though you’re great friends and always had, basically, a handshake from day one, getting through the details of that between ourselves and EMC, the Tour and Tiger Woods Foundation, who has obviously been a great partner of ours as well, IMG, again, all great people working together…We literally just left signing it 10 minutes ago after it finally got set.”
Waugh continued to apologize again for the drama and confusion.
Executive vice president of sales for EMC, Bill Scannell, added, “We’ve been thrilled to be part of the Deutsche Bank Championship for the past eight years. We get a lot out of it, and we’re thrilled that it gives a lot back to the community and the local charities.
“We’re right down the road so it makes a lot of sense for us, for our local customers and employees and, as I said, certainly the community and local charities.”
Scannell and Waugh played in the morning pro-am with Tiger Woods at TPC Boston.