Armstrong stepping down as Livestrong chairman
AUSTIN, Texas (AP) — Lance Armstrong is stepping down as chairman of his Livestrong cancer-fighting charity to it can focus on its mission instead of its founder’s problems.
Armstrong’s announcement came minutes before Nike Inc., announced it is terminating its personal contract with him.
Nike said it a statement that Armstrong had “misled” the company for a decade about doping. The company said it would continue to support Armstrong’s foundation.
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