PerfectGym
Perfect Gym Solutions is a software as a service (SaaS) solution purpose-built to service the fitness industry, with over 1000 clients servicing over two million gym members across 40 countries making…
read moreFollowing this week’s announcement that controversial Australian Olympic Committee (AOC) Media Director Mike Tancred is to leave the organisation, SkyNews has revealed that he will still receive a $125,000 'retention incentive payment' that was due to be paid after the Tokyo Olympics.
Even though Tancred has been made redundant three years before the opening ceremony of the 2020 Games, AOC Chief Executive Matt Carroll agreed to honour the $125,000 bonus.
The bonus was proposed two years ago by AOC President John Coates.
When added to Tancred's redundancy and leave entitlements, he will walk away with a payout close to $500,000.
Tancred ended his 18-year employment with the Olympic body, in what the AOC presented as a 'corporate restructure'.
Tancred has not worked since April, when he was stood down from all AOC duties over bullying allegations, of which he was cleared by an independent committee.
In June, Tancred admitted using threatening behaviour towards former AOC Chief Executive Fiona De Jong, issuing an apology to her.
Commenting to The Australian on Tancred’s departure, Coates said his former he lost his job due to “one terrible outburst”.
Coates said he was “very sad’’ that Tancred had left the organisation, adding “he was, by his own admission, very silly in the way he responded to Fiona ... but he’s given 18 years of wonderful service to the AOC.
“I am very sorry that he’s been subjected to what he has been for one terrible outburst.”
15th September 2017 - ‘BULLY’ MIKE TANCRED TO LEAVE AUSTRALIAN OLYMPIC COMMITTEE
1st September 2017 - AUSTRALIAN OLYMPIC COMMITTEE MEDIA DIRECTOR CLEARED OF BULLYING COMPLAINTS
25th August 2017 - NO CHANGE AT AOC WHILE JOHN COATES REMAINS IN POST
24th August 2017 - AOC PROMISES TO OVERHAUL INTERNAL CULTURE AFTER DAMNING REVIEW
5th July 2017 - AOC’S MIKE TANCRED GIVEN $125,000 BONUS DESPITE BULLYING ALLEGATIONS
14th June 2017 - MIKE TANCRED APOLOGISES FOR THREATENING FORMER AOC CHIEF EXECUTIVE
31st May 2017 - AOC MEDIA DIRECTOR MIKE TANCRED CLEARED OF BULLYING
21st May 2017 - KIM BRENNAN APPOINTED AUSTRALIA’S CHEF DE MISSION FOR 2018 SUMMER YOUTH OLYMPICS
6th May 2017 - JOHN COATES WINS VOTE TO RETAIN AUSTRALIAN OLYMPIC COMMITTEE PRESIDENCY
27th April 2017 - AOC’S MIKE TANCRED STEPS DOWN FOLLOWING BULLYING ALLEGATIONS
24th April 2017 - AUSTRALIAN OLYMPIC COMMITTEE CALLS CRISIS MEETING AFTER THREAT ALLEGATIONS
13th April 2017 - AOC’S ANNUAL REPORT DETAILS $40,000 PAY RISE FOR JOHN COATES
28th March 2017 - FORMER CHIEF EXECUTIVE IN REPORTED DISPUTE WITH AUSTRALIAN OLYMPIC COMMITTEE
16th March 2017 - MATT CARROLL NAMED NEW AUSTRALIAN OLYMPIC COMMITTEE CHIEF EXECUTIVE
14th February 2017 - AUSTRALIAN OLYMPIC COMMITTEE BLOCKS AUSTRALIAN INSTITUTE OF SPORT FROM TOKYO 2020 PLANNING
12th February 2017 - TOP SPORT ADMINISTRATORS IN PUBLIC DISPUTE AT MELBOURNE ATHLETICS EVENT
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