Steve Penny has resigned as president of USA Gymnastics following intensified pressure on the organization for its handling of sex abuse cases.
The resignation came a week after the United States Olympic Committee's board sent a recommendation to USA Gymnastics chairman Paul Parilla requesting Penny step down.
The organization said Penny informed them of the decision in a conference call.
Penny joined USA Gymnastics in 1999 and oversaw one of the greatest runs in Olympic history. The success made USA Gymnastics a magnet for big-time corporate sponsors who wanted to be aligned with its healthy, winning image.
That image took a serious hit in recent months following an in-depth investigation by the Indianapolis Star that portrayed USA Gymnastics as slow to act when it came to addressing allegations of sexual abuse.