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London 2012 appoints chief executive of organising committee

LONDON – London 2012 has appointed Goldman Sachs director Paul Deighton as its new chief executive officer for the London Olympic Games organising committee.

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Multi-millionaire Deighton has spent 22 years at Goldman Sachs and was most recently chief operating officer of Goldman Sach's European business.

Former PepsiCo UK head Martin Glenn had been tipped to land the role to help stage the Olympic Games and Paralympic Games. However, Deighton was chosen after a three-month international search.

According to Lord Coe, chairman of London 2012, Deighton was selected on the back of his experience of leading large international organisations and managing large teams of people in complex and diverse organisations.

"He is the right person to lead the London Olympic Games Organising Committee on its mission to produce an outstanding Olympic Games for the athletes and youth of the world in 2012," Coe said.

Deighton, an avid Arsenal fan, will be responsible for the day-to-day operations of the London 2012 Olympic Games Organising Committee and overseeing Olympic and Paralympic programmes from sponsorship and marketing to ticketing and the Torch Relay.

"As a Londoner passionate about sport, I am extremely excited about this opportunity. The Games has an enormous potential to inspire young people. The memories of the Games I listened to and watched in my childhood are some of the most inspirational memories I have," Deighton said.

His appointment follows the additions of David Higgins and Jack Lemley to lead the Olympic Delivery Agency, which will construct venues and services for the Games.

Tessa Jowell, minister for culture, media and sport, said: "His business background and acumen will mean the Games will be superbly well-run, as well as helping deliver the sponsorship and financial support so essential to the success of the Games."

Jackie Brock-Doyle, previously head of public relations and media, has taken on the role of director of communications and public affairs at London 2012 after Mike Lee stepped down in November.

London was selected to hold the 2012 Games in July after competing in a final run-off against Paris, Madrid, New York and Moscow.

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