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Sebastian Coe, London 2012 Chief, Named British Olympic Chairman

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Nov. 7 (Bloomberg) -- Sebastian Coe was elected chairman of the British Olympic Association after serving as head of the organizing committee for the 2012 London Games.

Coe, 56, ran unopposed to succeed Colin Moynihan, who announced in August he was stepping down after seven years. He was selected at a meeting of all the British Olympic sports today in London.

Coe was a four-time Olympic medalist, winning the 1,500 meters gold in 1980 and 1984, and set 11 world records. In 2005 he led London’s effort to win the right to host this summer’s games and continued on as chairman of the local organizing committee.

“We all know about Seb’s sporting excellence and now thanks to the London Games we all know what a great leader he was of a hugely successful games,” International Olympic Committee President Jacques Rogge said in a statement. “He will no doubt bring that success and experience to the BOA and at the same time continue to ensure that the sporting legacy from London 2012 continues into the future.”

Under Moynihan’s leadership Britain had its best results at the Summer Olympics in over a century, winning 47 total medals in Beijing in 2008 and 29 gold among its 65 medals this summer.

To contact the reporter on this story: Bob Bensch in London at bbensch@bloomberg.net.

To contact the editor responsible for this story: Christopher Elser at celser@bloomberg.net.

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