The Canadian Press - ONLINE EDITION

Pyeongchang 2018 Olympics organizing committee elects business tycoon, Cho, as president

  • Print

SEOUL, South Korea - Cho Yang-ho, the South Korean business tycoon who led Pyeongchang's successful bid to host the 2018 Winter Olympics, will take charge of the local organizing committee following the sudden resignation of the previous president.

The Hanjin Group chairman was unanimously elected in a meeting of 94 committee officials on Thursday and will serve out the remainder of Kim Jin-sun's scheduled term as the Pyeongchang organizing committee president, which was due to expire in October next year.

Kim quit last week saying new leadership was needed to complete preparations for the games.

"I feel heavy responsibility," Cho told reporters after his election. "I'll do my best to achieve a successful hosting of the Olympics based on my experience as the bid committee chairman."

Kim's departure sparked media speculation that he may have been fired amid concerns about construction delays and domestic sponsorship problems.

South Korea's government audit agency said last week it had conducted a special audit on the organizing committee over its preparations for the Olympics. Audit officials said the weeks-long investigation assessed financing and management and said the results of the investigation were expected within three months.

Cho's election requires endorsement by the sports minister, which is considered a formality, committee official Jung Dong-young said.

Cho was head of Pyeongchang's bid committee when it won the right to bring the Winter Games to South Korea for the first time. He is a vice-president of the Korean Olympic Committee and has been president of the Korea Table Tennis Association since 2008 and vice-president of the Asian Table Tennis Union since 2009.

He is also chairman of Korean Air Lines Co., South Korea's largest carrier. The family owned Hanjin Group, one of the major business conglomerates in South Korea, is the biggest shareholder of Korean Air Lines Co.

International Olympic Committee officials who visited Pyeongchang recently expressed no major concerns about preparations for 2018. The IOC last week reconfirmed that it has "full confidence" in the organizing committee.

Preparations for the last Winter Olympics in Sochi, Russia came under heavy scrutiny for construction delays. The International Olympic Committee has already taken measures to help speed up preparations in Brazil for the 2016 Olympics in Rio de Janeiro.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Gary Lawless & Tim Campbell on the Jets' inconsistency - Jets This Week Oct. 16

View more like this

Photo Store Gallery

  • Young goslings are growing up quickly near Cresent Lake in Portage La Prairie, Manitoba- See Bryksa 30 Day goose project- Day 11- May 15, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • A Canada goose protects her nest full of eggs Monday on campus at the University of Manitoba- Standup photo- Apr 30, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Should Premier Greg Selinger resign?

View Results

View Related Story

Ads by Google