March 6, 2009 (FinancialWire) -- John F. Lundgren has been appointed to board of Callaway Golf Co. (NYSE: ELY). Lundgren, who is Chairman and CEO of The Stanley Works (NYSE: SWK), will begin serving immediately and will stand for election for a full one-year term at Callaway's 2009 annual meeting in May.

The addition of Lundgren expands the Callaway board to a total of eight members, including chairman and lead independent director Ronald S. Beard.

Lundgren has held his current positions at Stanley Works since March of 2004. Prior to joining the toolmaker, he served as president of European consumer products at Georgia Pacific.

Callaway Golf's Bylaws mandate that the company's board have between six and 15 members, of which the substantial majority must be independent. With the addition of Lundgren as an independent director, seven of the eight board members qualify as independent under applicable standards, according to the company.

Carlsbad, California-based Callaway Golf manufactures and sells golf clubs and golf balls, and sells golf accessories, under the Callaway Golf, Odyssey, Ben Hogan and Top-Flite brands.

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