Accenture said it will not continue its sponsorship agreement with Tiger Woods.
In a company statement, Accenture officials said "given the circumstances of the last two weeks, after careful consideration and analysis, the company has determined that he is no longer the right representative for its advertising."
Accenture and Tiger Woods have had a very sponsorship arrangement for the past six years.
Accenture said it will continue to leverage its "High Performance Business" strategy and "High Performance Delivered" positioning in the marketplace and will transition to a new ad campaign that will launch in 2010.
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