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Mizuno chooses country over company for 2020 bid

Mizuno chooses country over company for 2020 bid

Given the choice of staying in the family business or helping Tokyo land the 2020 Olympics, Masato Mizuno knew it was time to put country ahead of company.
The 69-year-old Mizuno stepped down as chairman of Mizuno Corp. last year after 23 years as the leader of the successful sporting goods company to become CEO of Tokyo's 2020 bid committee.
As Mizuno is an official supplier of uniforms to the International Olympic Committee, Mizuno had to leave the company founded by his grandfather in 1906 to avoid a conflict of interest as a member of the bid committee.
Tokyo, which lost out in a bid to host the 2016 Olympics, is up against Madrid and Istanbul in the race to host the 2020 games.


Updated : 2021-05-19 04:31 GMT+08:00