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November / December 2008

Mount Sustainability
It's higher than Everest, says the Atlanta businessman who, more than any other capitalist, has been scaling it for more than a decade. And he says time is short before humankind plunges into the abyss.
In For The Long Haul
With a diverse and expanding portfolioin an imploding economy, HD Supply is not only built to weather an economic firestorm, but to grow as well. CEO Joe DeAngelo doesn't know any other way.
Changing The Health Culture Of Your Workplace
Employers are feeling the pain of high healthcare costs ... and they're doing something about it.
CatalystMag.com's Top 25 Entrepreneurs + Ones To Watch
Find out who made the list!

Lunch With A VIP: Todd Rhinehart, Executive Director, The Tour Championship

The focal point of golf

Tim Darnell

August 28, 2008

 
A neighborhood that once ranked No. 1 in terms of crime among Atlanta's 57 precincts will be the focal point of the PGA Tour from Sept. 24-28.

"East Lake Golf Club will be the playoff finale for the PGA Tour and the FedEx Cup," says Rhinehart, "thus creating a true season for the PGA Tour. The tournament championship has always been at the end of the year for the tour ­ usually around the first weekend of November ­ and it was sort of anticlimactic. The PGA tour winner and the top money winner already had been decided, and there was nothing on the line.

Todd Rhinehart"Now, we've created a true playing season for 37 weeks, and then a playoff series, where the FedEx Cup winner is crowned at that event."

Legendary developer Tom Cousins helped revive and redesign East Lake Golf Club, which, formerly the golf course of the Atlanta Athletic Club (which had since moved to Duluth) and the home course of golfing great Bobby Jones, had fallen into disrepair. The golf course was redesigned, and become one of the city's leading courses. This was part of a greater revitalization of the East Lake neighborhood around the golf course.

The 2007 Tour Championship resulted in unprecedented exposure for the PGA Tour. The event's final-round telecast (which reaches 450 million households in 200 countries and 35 languages) received a 233-percent ratings increase over the rating of the event's 2006 final round. The Golf Channel's early-round coverage delivered more than 2.5 times the households than the previous year (the second round was the network's highest-rated broadcast ever.)

Traffic on www.pgatour.com during the Tour Championship was up significantly versus 2006, with unique users increasing 167 percent to 4.4 million and page views increasing 189 percent to 52 million. And hospitality sales were up 37 percent and ticket sales up 30 percent vs. 2006.

"Most importantly, the event raised $1.3 million for charity in 2007, the highest figure in tournament history," Rhinehart says. "These funds benefit the East Lake Foundation and both national and local First Tee organizations."
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About The Restaurant
Fogo24Fogo de Chão is an authentic Southern Brazilian churrascaria, or steakhouse. The lunch and dinner menu features unlimited servings of 15 different cuts of fire-roasted meats carved tableside by gaucho chefs, an extensive salad and vegetable buffet, and traditional side dishes. Fogo de Chão is open for lunch ($38.50) and for dinner ($48.50).  The Atlanta restaurant opened its doors in February 2001, but a recent renovation project created an expanded bar area, a stacked stone fireplace in the lounge, and a new wine wall in the dining room.

3101 Piedmont Road in Atlanta; 404-266-9988 www.fogodechao.com


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