Korean Air chief in line to lead Pyeongchang Games

The Associated Press

SEOUL, South Korea (AP) -- The South Korean businessman who led Pyeongchang's successful bid for the Winter Olympics is set to return as head of the organizing committee for the 2018 Games.

Cho Yang-ho, chairman of Korean conglomerate Hanjin Group, said in a statement released by the company that he has accepted the position made vacant by the surprise resignation last week of Kim Jin-sun.

The new chairman needs to be officially approved at a meeting of Pyeongchang's local organizing committee on Friday. Cho's election is considered a formality.

''Now that I've agreed to take on the job as the chief organizer, I will dedicate myself to ensure a successful Winter Olympics in Pyeongchang, relying on my experience as the top bid official,'' the 65-year-old Cho was quoted as saying by Korean media.

''Many people in and outside Korea recommended that I take this position and I also wanted to keep the promise I'd made with the International Olympic Committee to work for a successful Olympics here.''

Cho, who heads Korean Air, was head of the bid committee when Pyeongchang was awarded the games by the IOC in 2011. 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.

Kim cited a need for new leadership when he unexpectedly resigned on July 21. Kim Jung-haeng is serving as interim chief organizer until the new president is formally elected.

Kim's departure came amid an audit into the organizing committee and concerns about the pace of construction and signing up of domestic sponsors.

The Seoul-based Board of Audit and Inspection confirmed last week it has been investigating financing and management of the organizing committee.

The results of the investigation, which began in late May and ended on July 11, are expected in three months.

The IOC said last week it has ''full confidence'' in the organizing committee.

Sign up for Yahoo Fantasy Hockey
Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.
    • Atletico Nacional to honor Chapecoense at Club World Cup

      Colombia's Atletico Nacional arrived in Japan for the Club World Cup on Saturday still dealing with the trauma of the recent airplane crash that caused the cancellation of the Copa Sudamericana final. Nacional qualified for the Club World Cup by … More »

      AP - Sports - 6 minutes ago
    • Analysis: Most troubling is Russia's reaction to scandal

      Analysis: Most troubling is Russia's reaction to scandal

      Troubling as the details of the McLaren Report were, a news item out of Russia earlier this week was equally so. The new chair of the country's ''revamped'' anti-doping agency will be Yelena Isinbayeva, the pole vault great who has spent the past … More »

      AP - Sports - 26 minutes ago
    • Kings face Jazz looking for second straight road win

      Staying above water has become a challenge for the Utah Jazz. For Utah, the latest attack from the injury bug meant that only one regular starter, Rudy Gobert, was not sidelined during the team's 106-99 loss to Golden State on Thursday night. Both … More »

      AP - Sports - 30 minutes ago
    • Redick wants Clippers to have fun against Pelicans

      The thrill is gone, J.J. Redick says. Dropping five of seven games, including a crushing 17-point loss Wednesday to Golden State, will sap the strength and exhilaration from some of the best NBA teams. "I think the big takeaway for me after the … More »

      AP - Sports - 49 minutes ago
    • GAME RECAP: Knicks 103, Kings 100

      GAME RECAP: Knicks 103, Kings 100

      Carmelo Anthony scores a game high, 33 points, as the New York Knicks defeat the Sacramento Kings. … More »

      NBA.com - 55 minutes ago