Kazakhstan Seeks Foreign Investment IOC Seeking Bid Cities For 2024 Games IOC Demands Explanation From RTF Chief Rio's Golf Course Grass Under Threat PyeongChang To Host Olympic Ceremonies Ukraine, Georgia Sign Collaboration America's Cup Threatens Olympic Sailing Officials Still Considering Paris 2024 Bid Rio 2016 Bets On Flip-Flops To Hit $420M AOC Pushes For Increase In Doping Bans
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/August 15, 2013/Olympics
Olympic Public Authority President Fortes Quits Ahead Of Rio 2016 IOC Inspection Visit
Published August 15, 2013
Olympic Public Authority President (APO) Marcio Fortes, one of "the most senior figures involved" in planning the Rio de Janeiro 2016 Summer Olympics, resigned, "adding to uncertainty over the city's ability to deliver on promises made during its bid," according to Tariq Panja of BLOOMBERG. Fortes, who headed the APO, a body responsible for coordinating the efforts of the Brazilian government and the state and city of Rio, "handed a letter of resignation to the office of the Brazilian president." Fortes has not commented on his resignation. Folha de S. Paulo reported "Fortes quit because he faced resistance and grew concerned that the APO was becoming marginalized." The resignation "comes two weeks before a visit to Rio by inspectors" from the IOC. Fortes's departure "marks the latest change among leaders of Rio's efforts" to stage the Games for the first time in South America. The 2016 Rio Games organizing committee has had two CEOs, three COOs and four marketing directors "since securing host rights" in '09. (BLOOMBERG, 8/14).