Time’s up. USA Gymnastics CEO Steve Penny was forced out in March over his response to the sexual abuse scandal that claimed more than 150 victims and saw team doctor Larry Nassar sentenced to up to 175 years in prison. Now the U.S. Olympic Committee says that unless the entire board resigns it’ll cease to recognize USA Gymnastics as the sport’s governing body. Such a move would allow “fundamental rebuilding,” officials say. Board members must resign by Wednesday and have an interim board in place by the end of February.