London Legacy Development Corporation chief executive Andrew Altman today announced he would step down after three years in the role
The departure comes less than a year after a major deal for the sale of the Olympic Stadium to West Ham United Football Club collapsed and a month after delays to the bidding process for the contract to convert the venue following the Games were announced.
Altman – a former Philadelphia deputy mayor who joined the then named Olympic Park Legacy Company in 2009 – will step down on 15 August.
Olympic Delivery Authority chief executive Dennis Hone will serve as the organisation’s interim chief executive before a successor is appointed.
Altman said: ‘It has been a tremendous honour to lead this once-in-a-lifetime project that will transform the face of London and will be a spectacular example of city-building the world over.
‘I am proud to have been able to set the table with a clear vision, resources and commercial investment. It is now the perfect time to transition the project to one focused on construction, so there will no disruption after the Games in implementing the legacy vision we have crafted.
‘I especially want to thank Mayor Boris Johnson for his support and leadership without which this could not have been achieved.’
London Legacy Development Corporation incoming chair Daniel Moylan said: ‘Andy Altman has made a huge personal contribution to the future of the Olympic Park and we thank him for putting us in such a strong position.
‘We now begin the recruitment process to find a successor to lead the Corporation through its vital next phase.
‘While this happens, Dennis Hone, Chief Executive of the Olympic Delivery Authority, has agreed to make himself available part-time as interim Chief Executive, with the agreement of the ODA, to support the Corporation’s management.’