USGA Leadership

Michael McCarthy

USGA Executive Committee

Michael McCarthy of San Francisco, Calif., is serving the second of a three-year term on the Executive Committee.

McCarthy is a lifelong golfer, competing at an early age in Northern California junior events. He earned his B.A. in history from the University of California, Los Angeles, where he was a member of the 1988 golf team that won a national championship. McCarthy currently serves on the board of his hometown San Francisco Golf Club, and he was a longtime board member of the First Tee of San Francisco, where he helped start the program in conjunction with the restoration of Harding Park Golf Club. Still competitive, McCarthy qualified for the U.S. Mid-Amateur Championship in 2010 and has won 12 club championships.

McCarthy, whose career at Franklin Templeton Investments spans more than 30 years, currently serves as executive vice president and portfolio manager for the Franklin Equity Group. He is the lead portfolio manager for the Franklin Small Cap Growth strategy, and in addition to his portfolio manager roles, he served as the group’s Chief Investment Officer from 2015 to 2023.  Prior to that, he spent 13 years as the group’s Director of Research.  McCarthy is a Chartered Financial Analyst (CFA) charterholder.

In 2024, McCarthy will chair the Compensation committee and serve on the Championship, Governance, International Team Selection and Nominating committees.