FILE - In this April 29, 2006, file photo Paul Cayard, skipper of the Pirates of the Caribbean Volvo Ocean Race boat steers his boat as they team readies for the start of the Baltimore in Port race on the Chesapeake Bay. Cayard has raced in the America's Cup, the Olympics and was the first American skipper to win one of sailing's toughest challenges, the Whitbread Round the World Race. Now he faces another arduous task, guiding the underperforming U.S. Olympic sailing team as its new executive director. (AP Photo/Chris Gardner, File)

FILE - In this May 9, 2013, file photo, Artemis Racing CEO Paul Cayard pauses during a news conference in Alameda, Calif. Cayard has raced in the America's Cup, the Olympics and was the first American skipper to win one of sailing's toughest challenges, the Whitbread Round the World Race. Now he faces another arduous task, guiding the underperforming U.S. Olympic sailing team as its new executive director. (AP Photo/Jeff Chiu, File)

FILE - In this Nov. 12, 2005 file photo Pirates of the Caribbean skipper American Paul Cayard waves as he sails out of the Vigo Harbour, northern Spain prior to the start of the Volvo Ocean Race 2005. Cayard has raced in the America's Cup, the Olympics and was the first American skipper to win one of sailing's toughest challenges, the Whitbread Round the World Race. Now he faces another arduous task, guiding the underperforming U.S. Olympic sailing team as its new executive director. (AP Photo/Lalo R. Villar, File)