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HomeMy WebLinkAbout2025-01-16 - Agendas - FinalFayetteville Advertising and Promotion Commission January 16th, 2025 Location: Virtual Zoom Meeting Commissioners: Staff: Chrissy Sanderson, Chair, Tourism & Hospitality Representative Katherine Kinney, Tourism & Hospitality Representative Todd Martin, Tourism & Hospitality Representative Elvis Moya, Tourism & Hospitality Representative Andrew Prysby, Commissioner at-large Sarah Bunch, City Council Representative Mike Wiederkehr, City Council Representative Jennifer Walker, VP of Finance I.Call to order at 10 am Agenda II.New Business A.Vote. Interim CEO Offer and Salary Recommendation. Memo Attached. B.Vote. Creation of a CEO transition policy for inclusion in A&P Commission Employee Handbook. Memo Attached. III.Adjourn Memo To: Fayetteville Advertising and Promotion Commissioners From: Amy Stockton, Director of Operations, Experience Fayetteville Date: January 13, 2025 Re: Interim CEO Offer and Salary Recommendation Background: Jennifer Walker assumed the Interim CEO role on January 2nd per the recommendation of CEO Rawn and unanimous approval of the commission at the December 9th, 2024 commission meeting. We have received counsel that it is the responsibility of the A&P Commission to set an interim CEO salary. With the increased responsibilities of this role in addition to continuing the role of Vice President of Finance, we propose to adjust her salary during the time served as Interim CEO, which is an industry standard practice. Budget Impact: There is not a budget impact as the CEO salary is already budgeted at $170,000 for 2025. Recommendation: We recommend that the commission approve a temporary salary adjustment of $165,000.00 to be offered to Jennifer Walker for the Interim CEO role. This salary adjustment would be retroactive to January 2nd and would conclude when a new CEO begins employment. Memo To: Fayetteville Advertising and Promotion Commissioners From: Amy Stockton, Director of Operations, Experience Fayetteville Date: January 13, 2025 Re: CEO Transition Policy Creation Background: We propose to create a CEO Transition Policy for inclusion in the A&P Employee Handbook as we do not currently have one. This policy will outline the process used to name an Interim CEO and propose salary adjustments if applicable. It will also clarify the responsibility of the commission in this process. Staff will draft policy utilizing expertise from SHRM (Society of Human Resource Management) and will ensure it is reviewed by our legal counsel. Recommendation: We recommend that the commission vote to authorize staff to create a CEO transition policy to be brought to a future commission meeting for review and a vote to be included in the Employee Handbook.