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SBD/December 21, 2012/Olympics
USOC Will Meet Next Year With Cities Interested In Bidding For Future Olympics
Published December 21, 2012
FOUR MORE YEARS: Probst Thursday was elected to serve another four-year term as USOC Chair. The term would have been his last but a change in by-laws adopted following the Tagliabue Report in '10 means he can serve again. Probst: “What I said to the board was it’s been a privilege to chair the organization the last four years. I think we’ve made some good progress. Scott and I work really well as a team and the two of us are committed to taking this organization to new levels of excellence.” In addition to re-electing Probst, the board named USSA President & CEO Bill Marolt and Whitney Ping, a Stanford alum and member of the '04 Olympic table tennis team, to the board. They replace Braves Exec VP/Business Operations Mike Plant former Olympic gymnast Jair Lynch, respectively.
AHEAD OF BUDGET FOR THE YEAR: The USOC ended the year $10-11M ahead of budget. The extra money was primarily a result of controlling costs during the '12 London Games.