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New Olympic legacy boss David Goldstone appointed

18:31 01 July 2014

David Goldstone appointed new chief executive of LLDC to take over in September. Picture: Press Association.

David Goldstone appointed new chief executive of LLDC to take over in September. Picture: Press Association.

PA Wire/Press Association Images

David Goldstone CBE has been named as the new boss in charge of the Olympic and Paralympic legacy.

He leaves his current role as chief financial officer at Transport for London to become the chief executive of the London Legacy Development Corporation (LLDC).

Mr Goldstone replaces Dennis Hone CBE who will leave the LLDC at the end of September. His appointment was announced by Mayor of London Boris Johnson this week.

The former economics and politics teacher said he was “keen to get started”, adding: “This is a hugely exciting time to join the Legacy Corporation and lead it on the next stage of its journey.

“Huge strides have been made to re-open the park and venues on time, deliver homes and create jobs. But there are still many challenging issues to tackle to ensure we deliver on our Olympic promises.”

Mr Goldstone played a “major role” in delivering the London 2012 Olympic and Paralympic Games within the £9.3 billion budget in his position as the government’s project finance director between 2007 and 2012, said an LLDC spokesman.

She added he worked closely with the Olympic Delivery Authority on the design and delivery of the Olympic Park and on the planning for it’s future, including the regeneration of east London now being delivered by the LLDC.

Before his role on the Games, Mr Goldstone spent 12 years involved in the delivery of major government investment programmes. Prior to that he was a trained accountant at financial services giant Price Waterhouse Coopers.

Mr Johnson said he was “delighted” to announce the appointment, adding Mr Goldstone brings “a wealth of experience and an outstanding track record” with him.

“This pedigree in working across both the public and private sectors will be invaluable in taking forward the hugely ambitious regeneration plans we have for Stratford and beyond, attracting investment and creating new homes, jobs and enterprises,” he said.

Mr Johnson also thanked Mr Hone for his “hard work leading to the successful reopening of the park”.

For more news on Queen Elizabeth Olympic Park, visit our Parklife section online.

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