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16 May 2003
IOC News

Executive Board morning session

During its morning session, the IOC Executive Board (EB) heard the report of Richard W. Pound regarding the work of the Olympic Games Study Commission. After gaining go-ahead by the 114th IOC Session in Mexico last November, the Commission has studied a series of initial recommendations in five areas: Games Format, Venues and Facilities, Games Management, Number of Accredited persons and Service Levels. Mr Pound will make his next report to the 115th IOC Session in Prague in July.

Gerhard Heiberg, Chairman of the IOC Marketing Commission, then gave an overall update on the main marketing areas including broadcasting, the TOP programme, licensing programmes, and the activities of the Organising Committees of the forthcoming Games. It was confirmed that the IOC now has 100% control of Meridian operations, enabling increased efficiencies whilst maintaining service support to Partners and Organising Committees.

The morning session ended with the report of Finance and Administration Director Thierry Sprunger who presented the consolidated financial statements for 2003. These statements were approved for presentation to the Session in Prague.

A first press briefing was then held by Director General François Carrard and Director of Communications Giselle Davies. The EB resumed its meeting at 3.00 p.m.
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