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Jack reducing role within Nicklaus Companies

From ESPN - February 8, 2018

Jack Nicklaus stepped down from day-to-day operations within his Nicklaus Companies on Thursday, announcing in a statement that he wants to focus on other things.

The 78-year-old Nicklaus will become co-chairman, while his businesses -- which include golf course design and licensing deals, among others -- will be taken over by Nicklaus Companies investor Howard Milstein, who will become executive chairman of the company.

"I have spent my life building Nicklaus Companies, and there has come a time in my life when I need to reduce my level of involvement and pursue many other things I am interested in such as charity work," said Nicklaus, who added that he is in "excellent" health.

Nicklaus has designed 415 courses open for play across 45 countries and 39 states.

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