A look at key moments involving Billy Payne during his 11 years as chairman at Augusta National Golf Club:
1989 - Plays Augusta National for the first time as a guest of Charlie Yates.
1997 - Invited to join the club, one year after he concludes his work bringing the Summer Olympics to Atlanta.
2000 - Appointed media chairman of the Masters.
May 5, 2006 - Appointed the sixth chairman of Augusta National and the Masters.
2007 - Changes criteria for Masters by restoring tradition of inviting winners of PGA Tour events that offer full FedEx Cup points.
2008 - Creates new seating area on the hill left of the 16th green that provides space for 2,500 fans. ESPN becomes a broadcast partner for weekday rounds, including the first live broadcast of the Par 3 Tournament.
2009 - Announces the creation, with the R&A, of the Asia-Pacific Amateur Championship. Uses land acquired across the street from the club to build free parking for spectators.
2010 - The Masters is produced and broadcast live in 3-D. Official opening on an 18-acre practice facility.
2011 - An additional hour of television coverage is added to the Masters.
2012 - Augusta National invites Condoleezza Rice and Darla Moore as its first female members.
2013 - Announces the formation, with the USGA and PGA of America, of the Drive, Chip and Putt Championship. Official opening of Berckmans Place, a state-of-the-art hospitality area beyond the fifth fairway.
2014 - Eisenhower Tree on the 17th hole is removed after being severely damaged by an ice storm. Announces the creation, with the R&A and USGA, of the Latin America Amateur Championship.
2016 - The first live 4K broadcast of a sporting event in the United States takes place, featuring action from Amen Corner.
2017 - Opening of new tournament headquarters and press building.
Aug. 23, 2017 - Announces he will retire when the club reopens on Oct. 16.