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Novari named CEO of Milan-Cortina Olympic committee

FILE - In this Monday, June 24, 2019 file photo, members of the Milan-Cortina delegation celebrate after winning the bid to host the 2026 Winter Olympic Games, during the first day of the 134th Session of the International Olympic Committee (IOC), at the SwissTech Convention Centre, in Lausanne, Switzerland. Former telecommunications chief Vincenzo Novari has been named the CEO of the organizing committee for the Milan-Cortina 2026 Winter Olympics.
FILE - In this Monday, June 24, 2019 file photo, members of the Milan-Cortina delegation celebrate after winning the bid to host the 2026 Winter Olympic Games, during the first day of the 134th Session of the International Olympic Committee (IOC), at the SwissTech Convention Centre, in Lausanne, Switzerland. Former telecommunications chief Vincenzo Novari has been named the CEO of the organizing committee for the Milan-Cortina 2026 Winter Olympics. Philippe Lopez

Vincenzo Novari has been named CEO of the organizing committee for the Milan-Cortina Olympics.

The unanimous choice was made by the pre-organizing committee during a meeting at the Italian sports ministry.

The 60-year-old Novari was previously the CEO of telecommunications company Tre Italia from 2001-16.

The other finalists for the job were Alberto Baldan, the former CEO of the Rinascente retail stores, and Tom Mockridge, the former CEO of Sky Italia and Virgin Media.

Italian Olympic Committee president Giovanni Malago will lead the organizing committee, which has not formally begun work.

Milan-Cortina plans for a budget of 1.5 billion euros ($1.7 billion).

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