United States Olympic Committee President Bill Hybl said today that he will not seek re-election next year, completing a major transition in which three of the USOC's top officials announced their departures and the organization began a complete restructuring.

Executive Director Dick Schultz has said he will step down next year when his position is changed to a more traditional corporate CEO job, a part of the reorganization plan the USOC board adopted at its meetings this weekend. Former marketing chief John Krimsky's resignation took effect in June, although he is still involved in working with corporate sponsors for the 2002 Salt Lake City Games.

Hybl, who serves as a volunteer, said he is leaving to devote more time to the El Pomar Foundation, a $460 million philanthropic organization he heads. His USOC position is being redefined under the restructuring plan; his replacement will also serve as chairman of the board.

"I'm amazed that he or any other volunteer has been able to donate the time he has," Schultz said of Hybl. "This is a job you don't get paid for--you get all of the crap and none of the glory."

Hybl, 57, has overseen both scandal and reform, from the gift-giving scandal surrounding the bid for the 2002 Salt Lake City Games to a series of newly installed checks and balances designed to prevent such problems. He has also supervised the creation of an outside anti-doping agency and the devotion of greater resources for disabled athletes.

Reflecting on his tenure, Hybl said he regretted not having handled some situations more quickly than he did. "The externalization [of drug testing]--Dick and I agonized over this--maybe we could have handled that more quickly," he said. "Sometimes I keep my thoughts to myself. Maybe I should have been more open. . . . It would have led to less misunderstandings."

Today, the board also heard Salt Lake City Olympic Committee President Mitt Romney report that SLOC is still short about $160 million in sponsorship money.

"One of the mistakes I made was being too secure in believing in the bulletproof armor of the Olympic brand," Krimsky said, referring to damage caused by the Salt Lake City scandal. "The age of innocence is gone and will probably never return."