William Porter Payne

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William Porter "Billy" Payne was named president and chief executive officer of the Atlanta Committee for the Olympic Games (ACOG). He was the first person to lead an Olympic bid effort and then to continue as top administrator for the Games. Allegations that Atlanta organizers bribed members of the IOC to obtain the Olympic Games prompted an inquiry. However, ACOG documents were destroyed prior to a formal investigation and the allegations remain unproven. In his defense, Mr. Payne said Atlanta's bidding effort included excessive actions, even thought processes, that today seem inappropriate but, at the time, reflected the prevailing practices in the selection process and an extremely competitive environment.

Born in Athens, Georgia on October 13, 1947, Payne received his Bachelor of Arts (B.A.) with honors in political science in 1969 from the University of Georgia as well as his law degree (J.D.) from the University of Georgia School of Law in 1973. While at the University, he was initiated into the Georgia Alpha Chapter of Phi Delta Theta Fraternity. He is currently (as of 2006) an investment banker with boutique investment bank, Gleacher Partners, LLC in Atlanta, Georgia.

On May 5, 2006, Billy Payne replaced Hootie Johnson as chairman of Augusta National Golf Club, home of the Masters Tournament.

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Preceded by
John Wooden
Theodore Roosevelt Award (NCAA)
1997
Succeeded by
Bob Dole