Newton Golf Company Appoints Jeff Clayborne as Chief Financial Officer

Experienced Public Company Executive to Lead Financial Strategy and Support Newton’s Continued Growth

CAMARILLO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- via IBN -- NEWTON GOLF Company (Nasdaq: NWTG) (“NEWTON GOLF” or the “Company”), a leading developer of performance-driven golf equipment, today announced the appointment of Jeff Clayborne as Chief Financial Officer, effective immediately. Mr. Clayborne will be responsible for overseeing all aspects of the Company’s financial operations, including financial planning and analysis, investor relations, capital markets strategy, accounting, and compliance.

Mr. Clayborne brings more than 30 years of senior financial leadership experience across public and private companies in consumer products, technology, and entertainment. Most recently, he served as Chief Financial Officer of Perfect Moment (NYSE American: PMNT), a premium performance apparel brand, where he led the company through a successful IPO, restructured the balance sheet, and implemented operational improvements that enhanced margins and cash flow. He previously led the integration of Shopify at SONDORS and implemented NetSuite at Verb Technology, providing platform expertise critical to scaling Newton Golf’s direct-to-consumer and enterprise systems. His background supporting design-led, consumer-facing brands with global reach positions him well to help expand Newton’s DTC footprint, accelerate international growth, and optimize financial performance.

“Jeff is exactly the kind of business-minded, operationally focused CFO we need as we enter this next phase of growth,” said Dr. Greg Campbell, Executive Chairman and Chief Executive Officer of Newton Golf. “His track record of building disciplined financial organizations and driving strong margin performance is critical as we scale. Just as important, his experience with consumer brands and direct-to-consumer strategy makes him a strong cultural and strategic fit for Newton.”

Prior to his role at Perfect Moment, Mr. Clayborne served as CFO of Verb Technology Company, Inc. (NASDAQ: VERB), where he oversaw the company’s successful uplisting to Nasdaq and secured more than $100 million in capital through multiple financing rounds. He has also held senior financial leadership roles at SONDORS, Universal Music Group, and The Walt Disney Company, where he managed large-scale financial operations, led M&A transactions, and spearheaded global business transformations.