Photo courtesy of Prairie Meadows
Prairie Meadows CEO Gary Palmer, 75, wants to retract his longtime plan to retire by the end of 2023, he told Axios Thursday.
- The nonprofit casino's board called a special meeting Friday to consider extending his contract.
What's happening: A few board members have inquired whether he'd be interested in staying, he told Axios.
- And he said he's got no other plans but to fish after 2023 anyway.
Catch up fast: Prairie Meadows pumps tens of millions of dollars annually into the budgets of Iowa charities and local governments.
- Palmer has worked for the casino for decades and plans for his secession have been ongoing for years.
- Also on today’s agenda is a plan to terminate a search for an executive vice president that could work for a year before replacing Palmer.
Of note: Palmer's annual salary is $641,000.
- He was given an $800,000 bonus earlier this year.
What's next: Friday's meeting starts at 10:30am at the James Rasmussen Board Room, 1 Prairie Meadows Drive in Altoona.
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