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Augusta National Names Condoleezza Rice, Darla Moore as Members

Aug. 20 (Bloomberg) -- Augusta National Golf Club has admitted former U.S. Secretary of State Condoleezza Rice and Darla Moore, a partner at private investment firm Rainwater Inc. as its first female members.

“We are fortunate to consider many qualified candidates for membership at Augusta National,’’ Chairman of Augusta National and the Masters Tournament Billy Payne said in an e-mailed statement. “Consideration with regard to any candidate is deliberate, held in strict confidence and always takes place over an extended period of time. The process for Condoleezza and Darla was no different.”

To contact the reporter on this story: Mike Buteau in Atlanta at mbuteau@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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