Hone confirmed as LLDC chief
Thu 8th November 2012, 11:24 am
Dennis Hone has been formally appointed chief executive of the London Legacy Development Corporation (LLDC), London mayor Boris Johnson has confirmed.
Hone has been interim chief executive officer of the corporation since August and is also currently the chief executive officer of the Olympic Delivery Authority, a position he will maintain until March next year.
Johnson said Hone had a critical role in shaping the legacy of the 2012 Olympic Games into “solid economic returns” to benefit London in the coming decades.
“Dennis brings a wealth of skills and experience vital to helping bring our ambitious plans to successful fruition,” he said.
LLDC said Hone would be paid an annual salary of £195,000, plus a “discretionary” bonus of up to 20 per cent, linked to the achievement of particular targets.
Hone has held a range of roles at the Olympic Delivery Authority since London was awarded the Games in 2005.
Prior to that he held a number of public-sector regeneration roles, including chief operating officer at English Partnerships, and financial controller of the London Docklands Development Corporation.