CEO of London 2012 Olympic building group to leave

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The chief executive of the company responsible for building the venues for the 2012 London Olympics is leaving to take another job.

The Olympic Delivery Authority says David Higgins will depart in February to become chief executive of Network Rail, where he is already a non-executive director.

Higgins, an Australian, has led the ODA for five years. He will be replaced by Dennis Hone, who has been the ODA's finance director for the past four years.

Higgins received a $616,300 salary at the ODA, making him the highest-paid public official in Britain.

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