Billy Payne is the chairman of the Augusta National Golf Club and he will now oversee the first Masters without Tiger Woods since 1994.
The Augusta Chronicle quoted Payne as saying he was thankful to Woods for the process of letting him know about what was going on.
"Tiger was gracious in keeping us updated of his condition and making us aware of his decision. We wholeheartedly offered our best wishes for his immediate and long-term recovery."
Payne also said he was bummed out about not getting to have the Tiger Experience at Augusta this year.
"Tiger will be in our thoughts and will be missed by our patrons and all of us at the Masters Tournament next week. He is one of our most decorated champions and we look forward to his healthy return in 2015 and beyond."