COLORADO SPRINGS, Colo. - Bill Martin, Acting President of the United States Olympic Committee, announced today that the USOC's Executive Committee has issued a letter appointing a five-member Governance and Management Committee to provide oversight and direction to the United States Taekwondo Union (USTU) as the organization begins the process of restructuring itself to come into compliance with the USOC Constitution and Bylaws and the Ted Stevens Olympic and Amateur Sports Act.      The committee will be charged with ensuring that the USTU is reorganized in a way that will assure its ability to fulfill all responsibilities of being a National Governing Body.  The committee will place particular emphasis on reforming the USTU so that there is a renewed focus on fiscal and managerial responsibility and more transparency in its operations.    Steve Locke (Colorado Springs, Colo.), former Executive Director of USA Triathlon, will chair the five-member USTU Governance and Management Committee.  Other committee members include Tony Baggiano (Montgomery, Ala.), USOC Board member from USA Water Skiing; Rich Bender (Colorado Springs, Colo.), Executive Director of USA Wrestling; Juan Miguel Moreno (Miami, Fla.), two-time Olympic taekwondo silver medalist (1988 and 1992) and three-time Olympian (1988, 1992 and 2000), and Virginia Witte (Colorado Spring, Colo.), USOC Managing Director, Audit.    "Today's announcement of the five-member Governance and Management Committee that will oversee the restructuring of the U.S. Taekwondo Union is a significant step forward in bringing the USTU into compliance with the USOC Constitution and Bylaws," said Martin.  "The USOC and the USTU are now working in unison to ensure that the sport of taekwondo and its management is based on the sound fundamentals of putting athletes first, operating with fiscal and ethical integrity, and ensuring appropriate transparency in its dealings.  We want to see sound business decision making dominating the USTU's operations rather than personal politics and agendas."     The appointment of the USTU Governance and Management Committee is the latest step in the process of implementing an agreement and remediation plan agreed to by the USOC and the USTU during a January 27 meeting in Chicago, Ill.  A copy of the agreement and remediation plan is available on the USOC's website (www.usolympicteam.com).      The first step in the process involved the USOC staff taking charge of the USTU's offices on January 28 and examining the organization's books and records in detail in a manner that had heretofore not been available.  The remediation plan also calls for the USOC to appoint an executive director to lead the day-to-day business operations of the USTU, and the approval of the remediation plan by the current USTU Executive Committee by February 3 and the USTU Board of Governors by February 17.  If the USTU Executive Committee or Board of Governors fail to accept the plan, or if any condition of the agreement and plan remains unfulfilled, the USOC will continue the decertification proceedings that have been suspended.