The PGA Tour announced today that Charles Schwab & Co. will become the new title sponsor of the annual stop at Colonial Country Club.
The Fort Worth tournament has been contested at Colonial since 1946, holding the distinction as the longest-running event at the same venue.
“We are honored to support one of the country’s premier and longest-running PGA Tour events that is a showcase for the game’s best players and is a TOUR leader in charitable giving,” said Jonathan Craig, Senior VP of Charles Schwab in a press release.
“Schwab has a long history of investing in the communities in which we live and serve our clients and with our growing presence in, and commitment to the state of Texas, we could not be more delighted to support the tradition of this tournament.”
Schwab & Co., which is the title sponsor of the season-long points race on the Champions Tour, will take over starting in 2019 with a preliminary four-year agreement running through 2022.
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