Lance Armstrong steps down as chairman of his foundation

By: Associated Press
By: Associated Press

Wednesday October 17, 2012

AUSTIN, Texas (AP) -- Lance Armstrong is stepping down as chairman of his Livestrong cancer-fighting charity to it can focus on its mission instead of its founder's problems.

Armstrong's announcement came minutes before Nike Inc., announced it is terminating its personal contract with him.

Nike said it a statement that Armstrong had "misled" the company for a decade about doping. The company said it would continue to support Armstrong's foundation.

The U.S. Anti-Doping Agency released a massive report last week detailing allegations of widespread doping by Armstrong and his teams when he won the Tour de France seven consecutive times from 1999 to 2005.

Copyright 2012 Associated Press


Mailing Address: P.O. Box 1212 Augusta, GA 30903 Main Telephone: (803) 278-1212 Newsroom: (803) 278-3111 Fax: (803) 442-4561
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 174604961 - wrdw.com/a?a=174604961