PGA Tour Commissioner Tim Finchem signed a one-year contract extension that runs through June 2017, but he doesn't expect to be in that position beyond this year.
On Sunday, Finchem announced he will likely step down at the end of the season rather than working through the extension, per Geoff Shackelford of Golf Digest.
“The length of the contract is really a placeholder,” Finchem said. “I wouldn’t anticipate staying that long. My plan would be—and that assumes I can make progress on my projects—to step aside at the end of this year.”
Finchem, who has held the title of commissioner since 1994, has been instrumental in making the PGA Tour a marketable organization.