President of the Organising Committee for the Olympic Games 2001. Pierre de Coubertin who headed the organizing committees for the 1900 and 1924 Summer Olympics as well as the 1924 Winter Olympics was the founder of the modern Olympic movement and International Olympic Committee. He served as President of the International Olympic Committee from 1896 to 1925. Peter Ueberroth who headed the organizing committee for the 1984 Summer Olympics in Los Angeles went on to serve as the Commissioner of Baseball from 1984 to 1989. Sebastian Coe who headed the organizing committee for the 2012 Summer Olympics in London is now serving as the President of the International Association
London Organising Committee of the Olympic and Paralympic Games not responsible for building permanent venues, reported spent £2.38 billion since winning the bid in 2005 and generated £2.41 billion. On 30 May 2013 it handed back to the government, Britain's Olympic committee and other beneficiaries a surplus of £30 million from the 2012 Games. The British Olympic Association received £5.3 million, the British Paralympic Association £2.6 million, and £20 million was returned to the Department for Culture, Media and Sport. On 6 July 2005 the International Olympic Committee (IOC) chose London as the host city for the 2012 Olympic Games. After the success of the London bid, LOCOG was