ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Travelers Announces the Start of the 2023 Travelers Championship

Designated event features 8 of the top 10 players in the world rankings, 37 of the top 50

The Travelers Companies, Inc. (NYSE: TRV) today announced the start of the 2023 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament, which is a PGA TOUR designated event with a tournament-record purse, features eight of the top 10 players in the Official World Golf Ranking, led by No. 1 Scottie Scheffler. The field also includes Jon Rahm (No. 2), Rory McIlroy (No. 3), Patrick Cantlay (No. 4), Viktor Hovland (No. 5), defending champion Xander Schauffele (No. 6), Matt Fitzpatrick (No. 8) and Max Homa (No. 9).

Alan Schnitzer, Chairman and Chief Executive Officer at Travelers, said, “It is a tremendous privilege to host the Travelers Championship every June, and we are particularly honored to be a PGA TOUR designated event this year. With the best player field in tournament history, the action on the course promises to be unforgettable. But it is the magic that happens off the course that truly drives us. Our investment in this tournament is returned many times over through the funds it raises for hundreds of worthy causes in the region and the boost it gives to the local and state economies. This is already one of the premier stops on the PGA TOUR, and we are determined to make it even better.”

The Travelers Championship donates 100% of its net proceeds to local charities. Since Travelers became title sponsor in 2007, the tournament has generated tens of millions of dollars for nearly 900 nonprofits throughout New England, including more than $2.5 million for 140 charities in 2022. This year’s primary beneficiary will once again be The Hole in the Wall Gang Camp. Other charities to receive tournament funds cover a wide range of causes, such as arts and culture, education, health care, housing, human services, mental health and crisis prevention, science and technology, and youth development.

Andy Bessette, Executive Vice President and Chief Administrative Officer at Travelers, said, “We are extremely fortunate and grateful to have had such a strong network of support over the years, including the PGA TOUR, the players, the volunteers, our corporate sponsors and the State of Connecticut. They have helped make this an elite tournament. But there is one group that stands out: the fans. The passion and energy that they bring to the course create the electric atmosphere that has become a hallmark of the Travelers Championship. We are looking forward to a week of celebrating the best fans and players in golf.”

Spectators will be welcomed on-site starting Wednesday, June 21, with competition rounds beginning Thursday, June 22. There will also be special events held throughout the week:

  • On Tuesday, a golf outing at Wethersfield Country Club will raise money for a scholarship fund in honor of Charlie Sifford, the first Black golfer to earn a PGA TOUR card. Sifford won his first PGA TOUR event at Wethersfield in 1967. Also on Tuesday, players will compete in the Umbrella at 15 ½ Challenge, a closest-to-the-pin contest at the 40-foot-wide floating green in the shape of the Travelers umbrella logo. The winner will earn $10,000 for the charity of his choice.
  • The Travelers Celebrity Pro-Am will take place Wednesday, featuring Dylan Dreyer from NBC’s “TODAY” show, actor Bill Murray, ESPN broadcasters Chris Berman and Dan Orlovsky, former Red Sox pitcher and World Series champion Tim Wakefield, Basketball Hall of Famer Geno Auriemma, NFL greats Boomer Esiason and Tiki Barber, and others.
  • The Women’s Day Breakfast will be held Thursday at TPC River Highlands, headlined by award-winning journalist and bestselling author Katie Couric, along with CBS Sports broadcaster Amanda Renner and a panel of University of Connecticut athletes including Paige Bueckers, Azzi Fudd and Donovan Clingan.

Golf Channel will provide live tournament coverage from 3 to 6 p.m. ET Thursday and Friday, and from 1 to 3 p.m. ET Saturday and Sunday, which will also be available on Peacock and the NBC Sports app. CBS will provide coverage from 3 to 6 p.m. ET Saturday and Sunday, which will also stream on Paramount+. PGA TOUR Live on ESPN+ will offer live access to marquee and featured groups, as well as certain holes, Thursday through Sunday.

For more information about the Travelers Championship, visit TravelersChampionship.com or follow the tournament on Twitter, Facebook, Instagram, LinkedIn and TikTok.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $37 billion in 2022. For more information, visit Travelers.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  221.27
+0.00 (0.00%)
AAPL  271.84
+0.00 (0.00%)
AMD  198.11
+0.00 (0.00%)
BAC  54.55
+0.00 (0.00%)
GOOG  298.06
+0.00 (0.00%)
META  649.50
+0.00 (0.00%)
MSFT  476.12
+0.00 (0.00%)
NVDA  170.94
+0.00 (0.00%)
ORCL  178.46
+0.00 (0.00%)
TSLA  467.26
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.