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Senior VP Penny will replace Colarossi

Updated: April 4, 2005, 11:24 PM ET
Associated Press

INDIANAPOLIS -- Steve Penny, the senior vice president of USA Gymnastics, was promoted Monday to president and chief executive officer of the sport's national governing body.

Penny replaces Bob Colarossi, who resigned in January to work for AEG, a sports and entertainment group.

"USA Gymnastics has made significant progress in many areas, and I intend to build upon this momentum in all of our disciplines as we head into the next quadrennium," Penny said in a statement. "We ...

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