Billy Payne announced on Wednesday that he is stepping down as chairman of Augusta National and the Masters. He leaves a lasting legacy, not only for the historic golf club but for the entire sport.

It was under Payne’s watch that Augusta finally introduced its first female members – former Secretary of State Condoleezza Rice and South Carolina financier Darla Moore – in 2012.

The 69-year-old, who officially retires on 16 August, will be succeeded by Fred Ridley, a former US Amateur champion and USGA president who is chairman of the Masters competition committee. Payne will stay on as chairman emeritus.



“The privilege I experienced serving as chairman of Augusta National and the Masters was far greater than I could have ever imagined,” Payne said in a press release. “Just as nothing can prepare you for the unique responsibilities and important decisions that come with this position, it is equally impossible to anticipate the many joys and, most importantly, the wonderful friendships that are the ultimate reward of service.

“This honor, however, is too great for one person to claim as their own for too long a period of time. I retire knowing it is simply the right thing to do – and at the right moment – to open the door and invite someone new to be called upon to lead, bring forth new ideas and craft a new vision that will honor our founders and serve the game of golf for many years to come.”

“This has been the greatest experience of my life.” -- Chairman Billy Payne looks back with gratitude on his tenure over the past 11 years. pic.twitter.com/hPhpsLEdwX — Masters Tournament (@TheMasters) August 23, 2017

Payne was invited to join Augusta National in 1997, one year after he brought the Olympic Games to Atlanta. He was Hootie Johnson’s choice to succeed him as chairman in 2006.

Since Augusta’s momentous decision in 2012, Royal Troon voted in female members for the first time in 2016, while Muirfield and Kasumigaseki country club in Tokyo followed suit early this year.