Lance Armstrong is stepping down as chairman of Livestrong
Armstrong, a former professional cyclist, announced that he is stepping down at the Livestrong chairman.
About a week ago, an anti-doping group had released an ad that had “evidence” that Armstrong used banned substances while competing. Nike also announced on Wednesday that they were ending their contract with Armstrong due to him participating in doping, according to CNN.
Armstrong stated that he made the decision to “spare the foundation any negative effects as a result of controversy surrounding my cycling career.” He will remain on the board of directors for the Livestrong foundation.
Nike will also still support the Livestrong foundation.
“Due to the seemingly insurmountable evidence that Lance Armstrong participated in doping and misled Nike for more than a decade, it is with great sadness that we have terminated o,ur contract with him,” the company said in a statement.
According to NBC, Jeff Garvey, the vice chairman of Livestrong, will take over as the chairman.
In 1997 Armstrong founded the Lance Armstrong Foundation after being diagnosed with testicular cancer in 1996. In 2003, the foundation launched Livestrong to provide services to people with cancer.
“My family and I have devoted our lives to the work of the foundation and that will not change. We plan to continue our service to the foundation and the cancer community. We will remain active advocates for cancer survivors and engaged supporters of the fight against cancer,” Armstrong said.