Steve Penny
| Steve Penny | |
|---|---|
| Born |
Stephen D. Penny, Jr. 1964 Washington, U.S. |
| Residence | Fishers, Indiana |
| Alma mater |
University of Washington (1982–87)[1] |
| Occupation | USA Gymnastics President [2] |
| Home town | Mercer Island, Washington |
| Salary | US$ 485,085 (2010)[3] |
Stephen D. "Steve" Penny, Jr. (born 1964) is an American businessman and sports administrator. Penny has been President and CEO of USA Gymnastics since April 4, 2005. Penny joined USA Gymnastics in March, 1999 as the Sr. Vice President, overseeing a variety of areas focused on business development. Within a few years, his responsibilities grew to oversee the marketing, sponsorship, event operations, television and communications, including the management of the 2003 World Artistic Gymnastics Championships in Anaheim, California.
Penny has been active within the Olympic movement since joining Turner Broadcasting in 1989 as a research manager for the 1990 Goodwill Games. In 1991, Penny became the director of media and public relations for USA Cycling and eventually became managing director of the United States Cycling Federation, which oversaw the amateur road and track cycling disciplines. Penny left USA Cycling in 1996, returning to his hometown of Seattle to become Vice President of Bob Walsh Enterprises, focused on business development in conjunction with sports marketing, events, media and consulting.[4]
Penny began his career in sports as a marketing and promotions assistant for the Seattle Mariners and his other employment has included work in the travel and tourism industries.
Personal life
Penny graduated from the University of Washington in 1987, previously attending Mercer Island High School.