WTA extends CEO Stacey Allaster's deal

Updated: October 24, 2011, 4:13 PM ET
Associated Press

ISTANBUL, Turkey -- The Women's Tennis Association has extended the contract of CEO Stacey Allaster until 2017.

The WTA announced Monday that Allaster, who has been in charge since 2009, was given a five-year extension after an unanimous vote by its board of directors.

Board representative Steve Simon says Allaster "has done a tremendous job," adding that her "innovative thinking has positioned the WTA for a very bright future."

Allaster says she is "honored to have the opportunity to continue to lead women's tennis."

Venus Williams, the chair of the players' council, also praised Allaster for her work on players' health and marketing.

The decision was announced on the eve of the season-ending WTA Championships in Istanbul.


Copyright 2011 by The Associated Press