George Dodd has stepped down as executive director of the California State Athletic Commission and will vacate the office on July 31, according to a Wednesday report from the Los Angeles Times.
Dodd tendered his resignation Wednesday in a letter to the Department of Consumer Affairs -- the state body that oversees the CSAC -- which reportedly informed Dodd last month that the CSAC’s fund was insolvent due to overspending.
According to a June 27 L.A. Times’ report, DCA budget officer Taylor Schick warned that the commission would finish the fiscal year (which ended June 30) $35,000 in debt. Schick also reportedly stated that the deficit could this year reach $700,000 more than the expected $1.2 million in revenue.
Dodd's tenure as CSAC head began in February 2010. His successor has not been named.