Winter Games chief quits
Print Edition
A FORMER South Korean government minister was nominated to take over the organizing committee of the 2018 Winter Olympics yesterday, just hours after Cho Yang-ho quit amid escalating financial troubles at the business group his family controls.
Lee Hee-beom, a former minister of industry and energy, needs to be ratified by a vote of senior committee officials to officially become president of the organizing committee for the Pyeongchang Games. Cho’s sudden resignation marked the second change in less than two years at the helm of the local organizing committee. Cho is chairman of the Hanjin Group, which controls Olympic sponsor Korean Air and a major shipping company struggling with heavy debt. He took over as president of Pyeongchang’s organizing committee in July 2014 following the sudden resignation of Kim Jin-sun, the former governor of the region that includes Pyeongchang.
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