Deutsche Bank remains title sponsor, EMC expands role in PGA
Deutsche Bank will retain title sponsorship of the state’s only PGA Tour golf event for at least the next two years, the company announced today.
At the same time, data storage giant EMC in Hopkinton is stepping up its sponsorship. The company will become local presenting sponsor of the tournament, a newly created role.
“We are extremely pleased to continue our title sponsorship of the Deutsche Bank Championship over the next two years,” Seth Waugh, chief executive of Deutsche Bank Americas, said in a statement.
“We’ve supported the Deutsche Bank Championship since its inception, and we’re proud to continue to be a sponsor of the prestigious championship,” said EMC spokesman Patrick Cooley. “We believe the tour is really great for the community.”
Financial terms of the deal were not disclosed.
The announcement contradicts a online report earlier in the week that said EMC was set to take over title sponsorship of the event.
Officials from both companies disputed that report when it came out.
Deutsche Bank has been title sponsor of the event since its inception in 2003.