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Richard Carrion quits IOC finance

Updated: October 17, 2013, 2:47 AM ET
Associated Press

LONDON -- Richard Carrion, the Puerto Rican banking executive who was instrumental in building up the financial security of the IOC, has resigned from his key roles in the Olympic body following his failed bid for the presidency.

Carrion quit his "different positions within the IOC," including as chairman of the finance commission, the International Olympic Committee said Wednesday. He had held that position since 2002.

Carrion also resigned as the IOC's negotiator of television ...

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