SETH WAUGH

KINGSROCK ADVISORY BOARD MEMBER

SENIOR ADVISOR
ASSET MANAGEMENT / PRO GOLF / PRIVATE EQUITY / INVESTMENT BANKING / GOVERNANCE
PALM BEACH, FLORIDA / GLOBAL

Seth Waugh is Vice Chairman of Arax Investment Partners. Prior to joining Arax, Seth was the CEO of the PGA of America, guiding the business and overall strategy of one of the world’s largest sports organizations, serving its more than 31,000 PGA Professionals.

Before joining the PGA of America, Seth previously served as Managing Director at Silver Lake and continues as a Senior Advisor. In 2016, he was appointed Non-Executive Chairman of Alex.Brown. Waugh spent 13 years at Deutsche Bank, including 10 years as CEO of the Americas. He also served as Deutsche Bank Americas Advisory Board Chairman until 2017.  A former CEO of Quantitative Financial Strategies, Waugh also spent 11 years at Merrill Lynch, culminating as Global Debt Markets Co-Head. He previously managed Salomon Brothers' Corporate Bond and International Trading desks.

Waugh sat on the Board of Directors for the International Golf Federation, World Golf Foundation, Official World Golf Ranking, and is currently on the board for Franklin Templeton Advisors and Yext.  He also serves on Workday, Inc.’s Advisory Board, as well as Cabot Advisory Board.  Waugh served on the FINRA board. His philanthropy includes serving as Chairman of the West Palm Beach Golf Park and Honorary Chair of the National Links Trust.  In the past, he was on the boards of the World Trade Center Memorial Foundation; RISE; Children’s Healthcare Charity; YMCA of Greater New York; Multiple Sclerosis Society of Greater New York; Executive Committee of Partnership for New York City; St. Vincent’s Services of Brooklyn; Local Initiatives Support Corporation; and Harlem Village Academies. He was the Lawrenceville School Board President and A Wake Forest University Trustee.  For years, he championed the Women on Wall Street Conference.  He was also a Captains Club Special Advisor for The Memorial Tournament.

In 2022, Waugh was honored by March of Dimes with the Sports Leadership Award.  Also in 2022, Waugh was recognized by the One Hundred Black Men of New York with the Judge Robert Mangum Diversity Champion Award for his groundbreaking work in sports.  In 2024, Waugh received the MGWA Paul Dillon Distinguished Service Award, which recognizes individuals, as well as organizations, for their contributions and service to golf.

Seth holds a B.A. in Economics and English from Amherst College.