John Letters Under New Management

Glasgow businessman Gordon White has led a buyout of golf equipment manufacturer John Letters of Scotland.

White, the new company chairman, is joined on board by his wife Marion, Eugene O'Donaghue, who steps up from financial director to managing director, and Gordon Rennie, who becomes design and development director. Tim Morrison continues his involvement as a consultant and non-executive director.

"Trading off your reputation is no longer enough to secure a share of a
fiercely competitive market," said White. "We plan to increase our share of
the market both in the UK and overseas."

A new product range is being developed and will be featured during the Munich
trade show later this month, the Premiere Golf show in Marbella in November
and the PGA Merchandise Show in Orlando next January.