Rory to run his own management co.

September 28, 2013. North Irish golfing star Rory McIlroy has confirmed his split from Horizon Sports Management. McIlroy also announced the creation of his own management company to be called as Rory McIlroy Incorporated.

McIlroy had been with the Dublin-based management firm since leaving Chubby Chandler’s International Sports Management in October 2011.

Former world No. 1, McIlroy was in Dublin for the announcement, which came through twitter on Friday.

[highlight] The double Major winner is following in the footsteps of US Masters champion Adam Scott, who set up his own company headed by his father, Phil, with a small group around him. [/highlight]

From now on, Rory McIlroy Incorporated (RMI) will manage the 24-year-old’s business interests, the statement confirmed.

Donal Casey, an actuary by profession with many years of CEO experience will be in charge of RMI.

Barry Funston, a business leader and longtime friend of the McIlroy family, will run the Rory Foundation for charity.

Both men will serve on the RMI Board, together with Gerry McIlroy, the golfer’s father.

A team from The Communications Clinic, headed by Terry Prone, according to the statement, will handle his Media relations.

The double Major winner is following in the footsteps of US Masters champion Adam Scott, who set up his own company headed by his father, Phil, with a small group around him.

The suggestion that 24-year-old McIlroy was to leave Horizon first became known in May this year, but the golfer declined to comment at the time.

His decision to join Horizon in 2011 – leaving International Sports Management just months after winning the US Open by eight shots – was in itself something of a surprise.

McIlroy, currently taking part in the ongoing European Tour event at St Andrews, Scotland, failed to qualify for the Tour Championship on the US PGA Tour last week.

Henrik Stenson’s victory took the Swede to fourth in the world rankings and knocked McIlroy down to sixth place.