POSTED: October 16th 2013

IOC Finance Commission Chairman Richard Carrion resigns

Richard Carrion was instrumental in the new accord with USOC / IOC
Richard Carrion was instrumental in the new accord with USOC / IOC

CHAD WISE / Sports Features Communications

(SFC) International Olympic Committee Finance Commission Chairman Richard Carrion – a position Carrion has held since 2002 - resigned from his roles with the IOC Wednesday, following the successful presidency bid by Thomas Bach.

Carrion recently helped the IOC negotiate the broadcast rights for upcoming Games, a role he will leave with his resignation after the Sochi 2014 Winter Olympic Games.

He will also leave his position as chairman of the audit committee and member of the coordination commission for Rio 2016. Carrion received 29 votes in finishing second behind Bach in the voting for the IOC presidency.

“In his letter, I understand he said that he believed a new president needed to have the latitude to set priorities and select the team to carry them out,” IOC Spokesman Mark Adams said of a letter Carion sent to Bach following the election.

“He made it clear he was hapy to help with any transition and that he would continue with TV negotiations in the meantime.”

Carrion negotiated a record $4.38 billion deal with NBC for the rights to Olympic broadcasts through the Tokyo 2020 Games, as well as the growth of the IOC’s financial reserves from $100 million to $900 million in the past 10 years.

Carrion’s resignation follows a trend of the aftermath of IOC presidential elections, with Canada’s Dick Pound resigning from his post as chair of the marketing commission and TV rights negotiator after Jacques Rogge’s successful election to IOC president in 2001.

Bach has asked Singapore’s Ng Ser Miang to chair the finance commission’s next meeting in December and will review the IOC commissions’ makeups after the Sochi Games.

Bach appointed John Coates of Australia vice president of the Tokyo 2020 Olympics Coordination Commission Wednesday. 

Keywords · International Olympic Committee · IOC · Olympics · Olympic Games · Thomas Bach · Richard Carrion ·

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