USAG annonced Colarossi s resignation

Bob Colarossi (USA)

USA Gymnastics President and Chief Executive Officer Bob Colarossi announced, that he will be leaving his post at USA Gymnastics at the end of March to accept a position with Los Angeles-based sports and entertainment presenters AEG. Colarossi's decision brings to a close one of the most successful presidential tenures in USA Gymnastics history, so the US Gymnastics Fedration published this week. Colarossi, who took over the helm of USA Gymnastics in 1998, led USA Gymnastics to what many believe has been the greatest quadrennium in the organization's history....

... most successfully period!
In the past four years, USA Gymnastics earned 56 World, Olympic and Pan American medals – including nine Olympic medals in 2004. Under Colarossi's leadership, USA Gymnastics also launched several new on-line initiatives, successfully organized two World Championships and the 42-city post-Olympic T.J. Maxx Tour, and saw membership and sponsor involvement reach new heights.
“I cannot express enough my heartfelt gratitude to USA Gymnastics, its athletes, members, staff and sponsors, for giving me the opportunity to work with such wonderful individuals over the past six years,” Colarossi said. “I believe we, as an organization, accomplished many great things, and laid the foundation for many great years to come.”
“The entire USA Gymnastics family is very sad to see Bob go, and we greatly appreciate all of his hard work and long hours in support of the sport he truly loves,” said USA Gymnastics Chairman Ron Froehlich. “USA Gymnastics accomplished many great things the past six years, and I am sure he will remain successful in his new role.”

Bob Colarossi, guest of Eurochamps 2004

Colarossi (45), has accepted the position of Managing Director of several new properties being developed by AEG that will be announced over the next few months. “I am very excited to join AEG, one of the most exciting, proactive and growing organizations in sports and entertainment.”
Colarossi's contract with USA Gymnastics was extended on Nov. 20, 2004 at the Board of Directors meeting in Houston , and he will fulfill the duties of President/CEO through the end of March.
Colarossi's gymnastics background dates more than 30 years as a competitive gymnast, coach, gym owner and committee member. He was hired by USA Gymnastics in the summer of 1998 after serving as President of the Massachusetts Sports Partnership.

He will remain involved in gymnastics through his position as an Executive Committee Member of the International Gymnastics Federation (FIG) and on the Executive Committee of USA Gymnastics.
Source: usa gymnastics / Brian Eaton