The London Legacy Development Corporation has appointed David Goldstone, a key figure in the success of the 2012 Olympics and Paralympics, to replace Dennis Hone as chief executive, it was announced today.
Goldstone currently serves as chief finance officer for the Transport for London (TfL) body, but prior to that acted as the UK Government's finance director on the London 2012 project between 2007 and 2012, helping ensure the Games were delivered within the £9.3 billion .
He worked closely with the Olympic Delivery Authority (ODA) on the design and delivery of the Olympic Park and its future after the Games, including the regeneration of East London now being delivered by the Legacy Company.
Goldstone will take up his new post later this year and take over from Hone who is due to leave at the end of September to join construction company Mace as finance director.
Goldstone, a trained accountant, spent the early part of his career at Price Waterhouse and before that was an economics and politics teacher.
He is also a Board member at Sport England, the Government in charge of delivering National Lottery funding to grassroots sports.
"This is a hugely exciting time to join the Legacy Corporation and lead it on the next stage of its journey," said Goldstone.
"But there are still many challenging issues to tackle to ensure we deliver on our Olympic promises.
"The organisation is well placed to deliver and I am keen to get started."
Goldstone was made Commander of the Order of the British Empire (CBE) by the Queen in recognition of his work on London 2012.
"This pedigree in working across both the public and private sectors will be invaluable in taking forward the hugely ambitious regeneration plans we have for Stratford and beyond, attracting investment and creating new homes, jobs and enterprises."
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May 2014: London Legacy chief executive Hone to step down at end of summer for new role