Steve Penny Wiki
Steve Penny Bio
|Steve Penny (Stephen D. “Steve” Penny, Jr.) was born in Washington, United States. He is an American businessman and sports administrator. Penny was President and CEO of USA Gymnastics from 4th April 2005 to March 16, 2017, and is a key figure in the USA Gymnastics sex abuse scandal.
Penny is a 1982 graduate of Mercer Island High School and loved playing golf in high school. He later went to the University of Washington from 1982 to 1987.
|Steve Penny Age||He was born in 1964 in Washington, U.S.|
|Steve Penny Wife||Beth Penny|
|Steve Penny Children||3 children (triplets), Sarah, Ella and Stephanie who were born 1st April 2008.|
|Steve Penny Residence||Fishers, Indiana|
|Steve Penny Education||
|Steve Penny Occupation||former USA Gymnastics President and CEO|
|Steve Penny Hometown||Mercer Island, Washington|
|Steve Penny Net Worth | Salary||US$485,085 (2010) (Net Worth Est. US$ 1.8 Million as of 2018)|
Steve Penny Biography
Penny started his career in sports as a marketing and promotions assistant for the Seattle Mariners. He has also worked in the travel and tourism industries.
Penny joined the Turner Broadcasting in 1989 as a research manager for the 1990 Goodwill Games. In 1991, he 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 tracks cycling disciplines. In 1996, Penny left USA Cycling to return to his hometown of Seattle to work as the Vice President of Bob Walsh Enterprises, focused on business development in conjunction with sports marketing, events, media and consulting.
Steve Penny USA Gymnastics
From 4th April 2005 to 15th March 2017, Penny was the President and CEO of USA Gymnastics. He is a key figure in the USA Gymnastics sex abuse scandal. Penny joined USA Gymnastics in March 1999 as the Senior 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.
Steve Penny USA Gymnastics Sex Scandal
Penny was accused by former Olympic gymnast Dominique Moceanu of being at the forefront of USA Gymnastics ignoring the sexual abuse of gymnasts. Dominique called for his resignation of the then CEO of USA Gymnastics. The Gymnastics body responded by saying that Penny was a leader in ensuring the safety and well-being of USA Gymnastics gymnasts.
Penny testified that USA Gymnastics rarely forwarded allegations of child abuse to police or child protective services without being asked because of a belief that there was not a duty to report abuse if USA Gymnastics was a third party to abuse allegations and concern about damaging a coach’s reputation. He further stated that if an abuse allegation was false. USA Gymnastics dismissed complaints as hearsay unless they were signed by an alleged abuse victim or a victim’s parent. Officials of USA Gymnastics—which is headquartered in Indiana—may have violated Indiana state law by failing to report abuse allegations.
Penny resigned from USA Gymnastics on 16th March 2017.
As former USA Gymnastics CEO Steve Penny leaves the Senate hearing after pleading the Fifth six times, former gymnast Amy Compton, herself a victim of abuse, yells “Shame!” pic.twitter.com/dNqu9WTZlo
— Christine Brennan (@cbrennansports) June 5, 2018
— CSPAN (@cspan) June 5, 2018
Steve Penny Arrest
On 17th October 2018, the United States Marshals Smoky Mountains Fugitive Task Force arrested Penny. At the time of his arrest, he was at a vacation cabin sitting with his wife (Beth) and three children. His lawyer in a statement said. “If Mr. Penny had any idea, he was sought in Texas; this would have been appropriately handled through counsel without terrifying his family. He is alleged to have tampered with evidence during the investigation of sexual assaults against Dr. Larry Nassar. The indictment further alleges that Penny ordered the removal of the documents from the Karolyi Ranch that were related to the activities of Nassar. If convicted, Penny faces a punishment of 2 to 10 years in prison and up to a $10000 fine.
Steve Penny Wife, Children
Steve Penny currently resides in Fishers, Indiana with his wife Beth Penny and three children (triplets), Sarah, Ella and Stephanie who were born 1st April 2008.