Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).


SBD Global/October 30, 2013/Leagues and Governing Bodies

UCI Management Committee Agrees To Presidential Paycut At Extraordinary Meeting

Int'l Cycling Union (UCI) incoming President Brian Cookson has agreed to a salary more than $120,000 less than that of his predecessor, Pat McQuaid. The UCI Management Committee approved the pay package for Cookson after a review of the organization's VPs. Cookson, who was in agreement with the change, will receive an annual salary of CHF340,000 ($378,700), CHF110,000 ($122,500) less than the equivalent remuneration package in place at the time of the presidential election. In its first full meeting since the election of Cookson a month ago, the UCI Management Committee also met to discuss and agree to a number of measures aimed at restoring trust in the UCI and laying the foundations for renewed growth in cycling worldwide. Measures agreed at Tuesday's UCI Management Committee include: a full audit of the systems and controls currently employed by the UCI's anti-doping operations to ensure that they are working efficiently; the broad principles under which it intends to move forward with the implementation of an Independent Commission which will look into allegations of past wrongdoing at the UCI and the extent and roots of doping in cycling; the establishment of an Int'l Development Commission to review the wide-ranging work of the UCI in this field including the role of Global Cycling Promotion and the World Cycling Centre; and supporting the new Women's Cycling Commission, chaired by UCI VP Tracey Gaudry, in its work to appoint members and establish objectives including '14 recommendations by the end of '13 on delivering a step change in women's cycling (UCI).
Return to top
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug