BNET Industries

Last Fiscal Year Sales:$200.1M
  • Private
  • US
Dow Jones Description

This company provides even the most novice of golfers service that is far from par-for-the-course. Founded in 1995 and headquartered in Eden Prairie, MN, Golf Galaxy, Inc. is the operator of more than 60 golf specialty stores throughout some 25 US states. Its retail centers offer golf equipment, gifts, accessories, shoes, apparel, books and videos. On-site technicians do everything in their power to help one's golf score, from providing full-sized putting greens to computer video swing analysis. It employs about 1,460 people and it had 2006 revenue of $200.1 million. In March 2006, the company completed the acquisition of The GolfWorks, one of the golf industry's most complete sources for golf club components, clubmaking tools and supplies, and technical information.

Chairman, President & CEO
Randall K. Zanatta
Number of Employees 1,460
Contact Information

7275 Flying Cloud Dr

Eden Prairie, Minnesota 55344

www.golfgalaxy....

1 952 941 8848

NAICS Code Sporting Goods Stores: 451110

Decision Makers

Name (plus bio) Position
Gregory B. Maanum COO
Michael W. McCormick Chief Marketing Officer
Ralph D. Maltby CTO & Senior Vice President, Res
Richard C. Nordvold CFO
Mark R. McCormick Senior Vice President
Dana J. Busch Vice President, Mdsg
Jay D. Spencer Vice President, Strategic Planning
Julia Dittberner Vice President, HR
Mary L. Forby Vice President, IT
Peter M. Harding Vice President
Ronald G. Hornbaker Vice President, Operations and Training
Scott H. Kurtz Vice President, Finance & Controller
Karen Wallerius Manager, Corp Communications

Board of Directors

Name (plus bio) Position
Randall K. Zanatta Chairman, President & CEO
David E. Bloom Board of Directors
David Gellman Board of Directors
Gregg S Newmark Board of Directors
Jack W. Eugster Board of Directors
William C. Mulligan Board of Directors

Organization Position Status
Golf Galaxy Inc. Chairman, President & CEO Current
Best Buy Co., Inc. senior vice president, marketing and merchandising Former

Organization Position Status
Golf Galaxy Inc. COO Current
Golf Galaxy Inc. Board of Directors Current
Best Buy Co., Inc. vice president, visual Former

Organization Position Status
Golf Galaxy Inc. Chief Marketing Officer Current
Callaway Golf Company executive vice president, global sales Former
Nike, Inc. director, national sales Former

Organization Position Status
Golf Galaxy Inc. CTO & Senior Vice President, Res Current

Organization Position Status
Golf Galaxy Inc. CFO Current
Best Buy Co., Inc. director, corporate finance Former

Organization Position Status
Golf Galaxy Inc. Senior Vice President Current

Organization Position Status
Golf Galaxy Inc. Vice President, Mdsg Current

Organization Position Status
Golf Galaxy Inc. Vice President, Strategic Planning Current

Organization Position Status
Golf Galaxy Inc. Vice President, HR Current
Drake Beam Morin Inc. executive coach Former
eFunds Corporation Director Former

Organization Position Status
Golf Galaxy Inc. Vice President, IT Current

Organization Position Status
Golf Galaxy Inc. Vice President Current
Best Buy Co., Inc. purchasing manager Former

Ron Hornbaker oversees Golf Galaxy, adjustable firmness beds, last holding the position of vice president, operations and training. During Hornbaker's tenure at Select Comfort, he directed store operations, sales and product training for 341 stores and developed the field infrastructure for multi store management including seven regional and 50 district sales managers. He also spent 14 years in various sales management positions with Tandy Name Brand Retail Group, a subsidiary of RadioShack Corporation, a consumer electronics retailer.

Organization Position Status
Golf Galaxy Inc. Vice President, Operations and Training Current
Select Comfort Corporation vice president, operations and training Former
RadioShack Corporation Former

Organization Position Status
Golf Galaxy Inc. Vice President, Finance & Controller Current
Deloitte Touche Tohmatsu Former

Organization Position Status
Golf Galaxy Inc. Manager, Corp Communications Current

Organization Position Status
Le Gourmet Chef, Inc. board member Current
Golf Galaxy Inc. Board of Directors Current
Le Gourmet Chef, Inc. CEO Former

Mr. Gellman co-founded FdG in 1995. Previously, Mr. Gellman was a Managing Director at AEA Investors Inc., an established New York-based leveraged buyout firm, where, in addition to his investment activities, he served as Chief Executive Officer or Chief Financial Officer of several portfolio companies. Prior to his seven years with AEA Investors Inc. and four years with the Trump Group's private equity division, Mr. Gellman began his business career in acquisition finance at Bankers Trust Company, where he was a member of the New York leveraged finance group. Mr. Gellman holds an AB in neuropsychology from Cornell University and an MM degree from the Kellogg School of Management at Northwestern University. Mr. Gellman currently serves on the Board of Directors/Managers of Golf Galaxy, Inc.

Organization Position Status
FdG Associates Chief Executive Officer Current
FdG Associates Managing Director Current
FdG Associates Co-Founder Current
The Hercules Tire & Rubber Company Board of Directors Current
Sunrise Windows, Ltd. Board of Directors Current
Dentaquest Ventures, Inc. Director Current
Golf Galaxy Inc. Board of Directors Current
AEA Investors, Inc. Managing Director Former
Fdg, Inc Co-Founder Former
Trump Management Inc. NA Former
Vsi Holdings, Inc. Board of Directors Former
Industrial Controls Distributors LLC Board of Directors Former
River Ranch Fresh Foods, LLC Board of Directors Former
Kellogg School of Management at Northwestern University Master of Management Former
Cornell University Ab In Neuropsychology Former
Kellogg School of Management at Northwestern University MM Degree Former
Bankers Trust Company Inc. Member Former

Organization Position Status
William Blair Capital Partners Senior Managing Director Current
William Blair & Company LLC Managing Director Current
William Blair International, Limited Current
Dots, Inc. Current
Ultra Stores Inc. Current
Golf Galaxy Inc. Board of Directors Current
William Blair & Company LLC associate Former
Bain & Company research associate Former
Abra Inc. Director Former
Harvard Law School JD Former
Harvard Business School MBA Former
Princeton University BSE Former

Jack W. Eugster, age 63, retired, was Chairman, Chief Executive Officer and President of Musicland Stores, Inc. from 1980 until his retirement in 2001. He was Non-Executive Chairman of Shopko Stores, Inc. a general merchandise discount store chain from 2001 to 2005. Mr. Eugster was elected to the Board of Directors in 2004 and currently chairs the Compensation Committee.

Organization Position Status
Black Hills Corporation Board of Directors Current
Golf Galaxy Inc. Board of Directors Current
Black Hills Corporation Director Former

Organization Position Status
Primus Capital Funds Managing Director Current
Win Wholesale Inc. Managing Director Current
Primus Venture Partners Managing Director Current
Universal Electronics, Inc. Director, Audit Committee, Corporate Governance and Nominating Committee (Chairman) Current
Fonetel Current
First Chicago Corporation Current
Third Federal Savings & Loan Association Chairman Current
Athersys, Inc. Director Current
Bluespring Software, Inc. Director Current
Golf Galaxy Inc. Board of Directors Current
Denison University Board Trustee Current
Coverall North America, Inc. Board Director Current
In Site One, Inc. Director Current
Passport Health Communications, Inc. Director Current
Universal Electronics, Inc. Board of Directors Current
Sparta Insurance Director Current
Denison University Trustee Current
McKinsey & Company, Inc. Management Position Former
Deere & Company Management Position Former
Universal Electronics, Inc. Investor Former
MetroPCS Communications, Inc. Investor Former
Bioanalytical Systems Inc. Investor Former
University of Chicago MBA Former
Denison University B.A. In Economics Former
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