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Scherr resigns as US Olympic Committee boss

UNITED States Olympic Committee (USOC) chief executive Jim Scherr unexpectedly resigned 一yesterday, just as Chicago is entering the crucial stages of its bid to host the 2016 Summer Games.

Stephanie Streeter, a member of the USOC board of directors will take over on an interim basis.

"The US Olympic Committee is a decidedly stronger and more effective organisation today than it was six years ago, and that is due in large part to the leadership Jim Scherr has provided," USOC chairman Larry Probst said in a statement announcing Scherr's resignation.

"We are indebted to Jim for his outstanding service to the US Olympic movement, and wish him the very best for continued success."

No reasons were given for the decision but Scherr's sudden departure comes at a time when USOC is struggling to maintain sponsors in a withering economy and pushing hard to bring the Olympics to Chicago.


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