Jay Monahan becomes new PGA Tour commissioner

Meet new PGA Tour commissioner Jay Monahan. (Getty Images)
Meet new PGA Tour commissioner Jay Monahan. (Getty Images)

Come the start of the new year, the PGA Tour will have a new commissioner.

On Jan. 1, 2017, current PGA Tour deputy commissioner Jay Monahan will be elevated into the commish’s office, taking over for the retiring Tim Finchem. The PGA Tour Policy Board unanimously approved Monahan’s promotion on Monday, giving a formal stamp on a succession plan that’s been laid out for almost two years.

Monahan will become the fourth PGA Tour commissioner in its history, joining Joe Dey (1969-1974), Deane Beman (1974-1994) and Finchem, who took over the job in 1994.

“I am greatly honored by the trust the policy board has shown in me to succeed Tim Finchem as commissioner,” Monahan said in a release. “We are now entering a very important time in our organization’s history, and I know our executive team and I will draw upon and be inspired by the invaluable experience of working with Tim as we take advantage of the extraordinary opportunities, as well as face the challenges, that are ahead for the Tour.”

The 46-year-old Monahan has been with the Tour since 2008 after previous work with Fenway Sports Group and IMG Worldwide. He was named deputy commissioner in April 2014 and became the tour’s Chief Operation Officer this year.

Ryan Ballengee is a Yahoo Sports contributor. Find him on Facebook and Twitter.