COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling announced Friday that Derek Bouchard-Hall will be stepping down as president and CEO at the end of the year. The organization said Bouchard-Hall will lead what the organization described as a "USA Cycling partner company" that will issue a separate announcement next week.
USA Cycling's board chairman Bob Stapleton will serve as interim CEO as the board searches for a new CEO.
Following a career that included the launch of two wireless communications companies, Stapleton has been involved in the cycling industry since 2002, most publicly as the owner of High Road Sports, the owner of men's and women's pro cycling teams that operated from 2007 to 2011. He currently serves on the Union Cycliste Internationale Management Committee and is also the director of the World Triathlon Corporation.
Bouchard-Hall joined USA Cycling in 2015 following a career that included executive positions with the US Small Business Administration and the online retailer Wiggle.
"Deciding to leave USA Cycling to take on a new role was the hardest professional decision of my life. I have loved serving the American bike racing community, and my heart will always remain firmly with USA Cycling," said Bouchard-Hall. "My professional career has focused on improving organizations and setting them on a new path. I am confident that I have done that at USA Cycling, and am proud of the team we have in place which will continue improving our ability to support our membership."
Stapleton said, "The foundation for a brighter future for USA Cycling has been built. But we know that much work remains to be done. The next leader of USA Cycling must have that same sense of purpose and urgency to continue our progress. This will be a fantastic opportunity for the right person."
