USA Gymnastics CEO Resigns

Posted: Updated:
INDIANAPOLIS -

The chief executive officer of Indianapolis-based USA Gymnastics has resigned. The USA Gymnastics Board of Directors accepted Steve Penny’s resignation Thursday amid allegations of the organization’s slow reaction time to sex abuse claims from athletes.

USA Gymnastics says it will hold a national search for a new CEO and Board Chair Paul Parilla will lead the organization in the interim. The organization says Parilla will move forward with initiatives to "strengthen and refine its policies and procedures for handling sexual misconduct," which includes an independent evaluation expected to be complete in the spring.

Parilla issued the following statement on the USA Gymnastics website:

We have accepted Steve’s resignation and want to thank him for his contributions and dedication to USA Gymnastics over the years. 

The Board believes this change in leadership will help USA Gymnastics face its current challenges and implement solutions to move the organization forward in promoting a safe environment for its athletes at all levels. 

USA Gymnastics and the entire gymnastics community must work together to focus on keeping athletes safe. We believe Ms. Daniels’ recommendations will identify areas where we can strengthen and refine how we handle sexual misconduct as an organization, expand our efforts to educate the entire community, including parents and athletes, about what to watch for and what to do if they suspect abuse is happening. Everyone can be an active and vigilant participant for this to be effective, not only in gymnastics but also the Olympic movement as a whole.

Penny released his own statement after his resignation was announced:

For the past 18 years, it has been a privilege to serve the membership of USA Gymnastics. There will never be enough words to describe my tremendous respect for all of the athletes who put their hearts and souls into the sport of gymnastics every day, along with the coaches, club owners, volunteers, families, and other professionals that support them with honor. 

Throughout this time there have been many amazing moments along with challenges. My primary objectives over the last 12 years as CEO have been to raise the bar on how USA Gymnastics serves its athletes; to build relationships that provide resources to help the organization and its membership flourish; and to build a team effort that brought the sport together around common goals. 

Among the most important priorities has been Safe Sport. We all care deeply about the safety of our athletes, which is fundamental to a rewarding experience at any level of gymnastics. It has been heartbreaking to learn of instances of abuse and it sickens me that young athletes would be exploited in such a manner. 

I applaud the United States Olympic Committee for creating a broad SafeSport platform that has brought new awareness to the importance of this issue and provided a robust solution for the National Governing Bodies to demonstrate their passion for athlete protection. The U.S. Center for SafeSport establishes an important framework for every National Governing Body to strengthen its resolve against abuse. Everyone associated with USA Gymnastics will benefit from this advancement. 

My decision to step aside as CEO is solely to support the best interests of USA Gymnastics at this time. 

I want to thank everyone for their support over the years, especially those members who have provided thoughtful feedback as to how we could improve the organization. I am especially grateful to the USA Gymnastics staff and everyone who has served on the board of directors over the years. These incredible people have always acted in the best interests of the organization and challenged USA Gymnastics to seek improvements that would benefit the membership it served.

  • Perspectives

    • Want A Guaranteed Negative Return?

      Here we go again! On Wednesday, August 14th, we watched the Dow Jones Industrial Average (DJIA) drop over 800 points.  The previous Monday the Dow ended down over 700 points. But what you may have missed is the sharp downward move in interest rates that has intensified with the recent stock market volatility. What does this mean for your portfolio?

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (courtesy: Frank Logan/Military Vehicle Preservation Assoc.)

      Historic Military Convoy to Cross Indiana

      A sentinel moment of U.S. history is playing out Sunday in South Bend when the recreation of the U.S. Army Transcontinental Military Convoy rolls into town. Approximately 70 historic military vehicles are retracing the original 1919 cross country trip which traveled along the famed Lincoln Highway.

    • West Lafayette Center Breaks Ground

      West Lafayette city officials this week broke ground on the $31.5 million West Lafayette Wellness and Aquatic Center at Cumberland Park. Plans for the 72,000-square-foot project feature a natatorium, three gymnasiums, exercise machines, free weights and community rooms. 

    • Forbes Ranks Top Colleges; 3 Indiana Schools Make the Cut

      Forbes released its 12th annual ranking of America’s Top Colleges based on direct benefits a university or college provides its students. Several Indiana universities made the list in some “sub-categories”, like Grateful Graduates Index, but the University of Notre Dame was the only school in the state to break the top 20 overall rankings.

    • Caito Foods was founded in 1965.

      Caito Foods to Cut Jobs

      Michigan-based SpartanNash (Nasdaq: SPTN) has decided to discontinue the Indianapolis-based Caito Fresh Kitchen operations. The grocery retailer-distributor acquired Caito Foods Service in January 2017 for $217 million. The company broke ground on its $32 million fresh kitchen process facility in 2015. 

    • Photo courtesy of W.A. Jones

      Foundation Investment Partners Acquires W.A. Jones

      Cleveland-based private equity firm Foundation Investment Partners has acquired Whitley County-based truck parts distributor W.A. Jones. Terms of the transaction were not disclosed.