Must Read: Armstrong steps down as Livestrong chairman

  • By VeloNews.com
  • Published 1 hour ago

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Armstrong vacates Livestrong chairman position — Associated Press

The Associated Press on Wednesday reported that Lance Armstrong would step down as chairman of the Livestrong Foundation, the cancer advocacy charity he started 15 years ago.

Armstrong did not receive a salary as the chairman and will remain on the 15-person board of directors. Vice chairman Jeff Garvey, who served as the founding chairman in 1997, will assume the vacant position.

“This organization, its mission and its supporters are incredibly dear to my heart,” Armstrong said in a statement. “Today therefore, to spare the foundation any negative effects as a result of controversy surrounding my cycling career, I will conclude my chairmanship.”

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