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New Company to support Hamburg's Olympic Bid

To back Hamburg's bid to host the 2024 Olympics, the city formed a new municipal corporation

The Bid Committee for the Olympic and Paralympic Games in 2024 Hamburg was officially founded on Tuesday, 30. June 2015. Headquartered in the Unilever building in Hamburg’s HafenCity, the formation of the new municipal corporation provides the organisational basis for the further application process.

Nikolas Hill Appointed as CEO

Shareholders of the new company are the non-governmental German Olympic Sports Confederation DOSB with 51 per cent, the Free and Hanseatic City of Hamburg (26 per cent), the Federal Republic of Germany (18 per cent), the state of Schleswig-Holstein (2 per cent), Schleswig-Holstein’s state capital Kiel (2 per cent) and the Hamburg Chamber of Commerce (1 per cent).

Dr Nikolas Hill, former Secretary of State at the Hamburg Ministry of Justice was appointed as CEO by the stakeholders. Mr. Bernhard Schwank, Director of International Spor, has been chosen as Deputy General Manager. The four-eyes principle is to be implemented in the management of the company.

Trustees to Support Application

The company will be managed by the board and supervised by the advisory board, comprising representatives of the six shareholders. In addition, a board of trustees with members from politics, the economy, sports, culture, civil society, religious communities, culture and the media will be formed to support the application at national and international level along the guidelines set forward IOC regulations.
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source and further details:
Hamburger Senat
www.hamburg.de

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