Reuters - FACTBOX: Sponsors stand by Tiger Woods after apology
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FACTBOX: Sponsors stand by Tiger Woods after apology
Wednesday, Dec 02, 2009 6:53PM UTC
(Reuters) - Golfer Tiger Woods, engulfed in media speculation over his private life after a car accident in the middle of the night, apologized on Wednesday for "transgressions" in a statement that apparently addressed allegations he had extra-marital relationships.
Several sponsors, who collectively pay Woods about $100 million a year to tout their products and services, said later on Wednesday their relationships would not change with one of the most recognized athletes in the world.
ELECTRONIC ARTS INC:
"Our strong relationship with Tiger for more than a decade remains unchanged. We respect Tiger's privacy, we wish him a fast recovery and we look forward to seeing him back on the golf course," the company said in a statement.
TLC VISION CORP:
"Tiger Woods is important to TLC Vision. Our relationship with him continues without change. This is a private matter and we have no further comment," the company said in a statement.
DAVID SOKOL, CEO, BERKSHIRE HATHAWAY'S NETJETS INC UNIT:
"Tiger Woods is one of the premiere athletes in the world and we are proud to have him involved with NetJets."
PEPSICO INC'S GATORADE UNIT:
"Tiger and his family have our support as they work through this private matter. Our partnership continues," the company said in a statement.
PROCTER & GAMBLE'S GILLETTE UNIT:
"At this time, we are not making any changes to our existing marketing programs. As a matter of policy, we don't comment on future marketing plans," the company said in a statement.
NIKE INC:
"Nike supports Tiger and his family. Our relationship remains unchanged," the company said in a statement.
Officials with AT&T Inc, Accenture, Tag Heuer, and Upper Deck could not be reached for comment.
(Reporting by Ben Klayman in New York; Editing by Frances Kerry)
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