NZOC honours contributors for services but records $1.15m deficit
The New Zealand Olympic Committee has honoured four contributors for service to the Olympic and Commonwealth Games movements during the organisation’s general assembly in Auckland.
Athletes Barbara Kendall, Trevor Shailer and Selwyn Maister, and sports psychologist Gary Hermansson were presented with the Olympic Order of New Zealand.
The assembly showcased the record national medal haul of four gold, nine silver and five bronze at the Rio Games.
The presentation of the NZOC’s annual report showed a financial deficit of $1.151m — down $1.764m from 2015. The loss had been budgeted as the organisation delivered what was described as a “resource-heavy” event at Rio.
Income was $11.762m, including $4.231m as “Games income”, $2.779m as “Commercial Partners income” and $372,000 as “special projects income” (mainly the New Zealand club at Rio).
Mike Stanley was elected unopposed to a third and final term as NZOC president.
“We saw an increasingly complex commercial marketplace and changes in the world of traditional and digital media. NSOs [national sports organisations] felt the effects of financial and performance pressure and we saw widespread changes in leadership at CEO and high performance director level,” he said.
Simon Wickham completed a maximum third term on the board and was replaced by Athletics New Zealand chairwoman Annette Purvis.
Four new sporting bodies — Climbing New Zealand, Karate New Zealand, Surfing New Zealand and the New Zealand Federation of Roller Sports — were accepted for membership after their inclusion on the 2020 Tokyo Olympic Games programme.