AUSTIN, Texas - Good Good Golf is no longer the title sponsor of a PGA Tour event in Austin following the release of a controversial ad campaign.

The PGA Tour confirmed the company would not be the title sponsor for the Nov. 12-15 tournament in Austin, says the Associated Press.

What they're saying: Good Good CEO Matt Kendrick issued a statement on the new development, saying: "After thoughtful discussions with the PGA TOUR and careful reflection, we have decided to step away as sponsor of our event in Austin this fall. "We recognize that we have work to do as an organization, and our focus right now is on our team, our culture and ensuring we learn from this situation.