By Duncan Mackay

Dennis Hone head and shoulders February 2011November 5 - Dennis Hone has been appointed as the £195,000 ($311,000/€244,00) per year chief executive of the London Legacy Development Corporation (LLDC) on a permanent basis. 

The decision was announced today by London Mayor Boris Johnson, who is the chairman of the LLDC, the body that will be in charge of managing the facilities built for London 2012, including the Queen Elizabeth Olympic Park. 

Hone had been acting as the interim chief executive of the LLDC since August 2012 following the resignation of American Andrew Altman.

He had been combining the role with that of chief executive of the Olympic Delivery Authority, a situation that will exist until March 2013 when the ODA is expected to be wound down. 

"I am delighted to confirm Dennis Hone's appointment to this critical role shaping London's Olympic legacy," said Johnson.

"It is my top priority to transmute the success of this summer into solid economic returns to benefit London for decades to come.

"Dennis brings a wealth of skills and experience vital to helping bring our ambitious plans to successful fruition."

In September figures revealed that Hone was the highest paid Government official in Britain, earning a package worth between £310,000-£315,000 ($503,000/€388,000-$511,000/€394,000) last year.

Hone's remuneration package at the LLDC includes an annual salary of £195,000 and a discretionary bonus of up to 20 per cent of the annual salary, linked to the achievement of measurable targets.

Before taking over as the chief executive of the ODA in February 2011 after David Higgins left to  join Network Rail, Hone was the director of finance and corporate finances at the ODA.

He had previously worked as the chief operating officer at English Partnerships, the country's national regeneration agency.

Dennis Hone at opening of London 2012 Handball Arena June 9 2011Dennis Hone has been praised for overseeing how smoothly preparations went for London 2012

Hone has been widely praised for ensuring that the facilities for London 2012 were ready on time and that the transport plan worked so well during the Olympics and Paralympics.

"It's been a privilege to be part of the team that helped to deliver the London 2012 Games and I'm delighted to now have the opportunity to deliver its legacy in East London," he said.

"We have a huge amount of work to do in this next phase to create Queen Elizabeth Olympic Park and I'm looking forward to leading the Legacy Corporation to meet this challenge."

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