Steve Penny (Stephen D. Penny, Jr.), born on February 12, 1964, in Washington, United States, is a prominent American businessman and sports administrator. While recognized for his contributions to the world of gymnastics, Penny’s career is also marked by controversy and legal challenges.

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• Steve Penny served as the President and CEO of USA Gymnastics from April 4, 2005, to March 16, 2017. However, his departure from the organization was marred by allegations and legal issues.

• On October 17, 2018, Penny was arrested by the United States Marshals Smoky Mountains Fugitive Task Force.

• The arrest was related to accusations of tampering with evidence during the investigation of sexual assaults involving Larry Nassar, a former USA Gymnastics team doctor.

• Penny faced serious allegations, including ordering the removal of documents from the Karolyi Ranch that were linked to Nassar’s activities.

• The indictment against him painted a picture of interference with the legal process, adding another layer to the already complex USA Gymnastics sex abuse scandal.

• During questioning under oath, Steve Penny testified about USA Gymnastics’ approach to handling allegations of child abuse. He revealed that the organization rarely reported such allegations to law enforcement or child protective services without a specific request.

• This stance was attributed to concerns about potential damage to a coach’s reputation if an abuse allegation turned out to be false.

• Steve Penny’s journey in sports administration began when he joined USA Gymnastics in March 1999 as the Senior Vice President.

• Over the years, his responsibilities expanded to include critical areas such as marketing, sponsorship, event operations, television, and communications. He played a pivotal role in managing the 2003 World Artistic Gymnastics Championships in Anaheim, California.

• Before his tenure at USA Gymnastics, Penny had been active within the Olympic movement. Starting as a research manager for the 1990 Goodwill Games at Turner Broadcasting in 1989, he later became the director of media and public relations for USA Cycling.

• His involvement in cycling administration eventually led him to the position of managing director of the United States Cycling Federation.

• Steve Penny graduated from the University of Washington in 1987, having previously attended Mercer Island High School. His personal life includes the role of a father to three daughters, triplets born in 2005.

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