Canterbury Park Announces Appointment of New Directors and Other Leadership Changes

Canterbury Park Holding Corporation announced today that  Maureen Bausch and John Himle have been added to its Board of Directors, effective October 3, 2019.  The Company also announced Randy Sampson, Canterbury Park’s President and CEO since 1994, has been appointed as Executive Chairman of the Board, and announced other changes in the Board’s structure.

Maureen Bausch

Ms. Bausch is currently a partner in Bold North Associates, providing experiential and consulting services for retail, event and destination attraction businesses.  Ms. Bausch served from December 2014 until February 2018 as CEO and an Executive Board Member of the Super Bowl Host Committee in connection with the February 4, 2018 Super Bowl LII held in Minneapolis.  Prior to that, Ms. Bausch worked in positions of increasing responsibility at the Mall of America, serving most recently as Executive Vice President, managing the $1 billion asset.

John Himle

Mr. Himle is CEO of Himle LLC, a specialized consultancy that advises companies, not-for-profit entities, and other organizations with insight and strategy related to shaping complex business decisions and related matters.  Mr. Himle was the founder and CEO of Himle Horner and Himle Rapp and Co. before selling his interests in 2017.  He also served five terms in the Minnesota House of Representatives holding a series of leadership positions, including Assistant Majority Leader and Assistant Minority Leader.

Along with naming Randy Sampson as Executive Chairman of the Board, the Board also appointed Ms. Carin Offerman as the Company’s Lead Director.  Ms. Offerman has served as a Company director since 1994, and currently chairs the Board’s Compensation and Nominating Committees, along with serving as a member of the Audit Committee.  Ms. Offerman, a successful securities industry executive, formerly served as President and CEO of Offerman & Company, a regional investment banking and retail broker-dealer firm.

In connection with appointing Randy Sampson and Carin Offerman to their new roles in Board leadership, Curtis A. Sampson and Dale Schenian have retired as Chair and Vice Chair, respectively, of the Board.  Mr. Curtis Sampson and Mr. Schenian were both founding members of Canterbury Park in 1994 and continuously served in their respective positions since then.  Both will continue as directors and, in recognition of their unique and lasting contributions to the Company, will assume the titles of Chairman Emeritus and Vice Chairman Emeritus, respectively.

Canterbury Park’s Nominating Committee began the process of identifying new Board candidates early in 2019 and engaged Cardinal Board Services to assist the Committee in the process.  All directors, including Ms. Bausch and Mr. Himle, serve a term ending at the 2020 Annual Meeting of Shareholders, which will be held in June 2020.

Randy Sampson commented: “As Canterbury Park continues to evolve from a racetrack into a diverse gaming, entertainment, and real estate development company, the Board recognized that it was important to add members that would bring additional skill sets and business backgrounds to the Company.  All of us at Canterbury Park are excited to welcome these two extremely capable and well respected new members to the Board.  We look forward to working with Maureen and John and getting the benefit of their experience operating successful businesses. We welcome their ideas for building on the success we have had while we take the Company to the next level.  John’s expertise in public relations, communications, and political strategies, and Maureen’s experience in retail, events, and marketing are a perfect fit for Canterbury Park as we position ourselves for future growth.

“On behalf of the Canterbury Park Board of Directors, employees, and shareholders, I want to express our sincere appreciation to Curt and Dale for their 25 years of leadership as Chairman and Vice Chairman, and co-founders of Canterbury Park.  It was their vision and passion for Canterbury and horse racing that made the purchase of the track and revival of horse racing in Minnesota possible.  As we celebrate a quarter century of success and continue the transition of our business for the future, it is a great time to express our appreciation for their years of service and recognize their past and continuing contributions as Board members with the Chairman Emeritus and Vice Chairman Emeritus titles,” Mr. Sampson concluded.

2 thoughts on “Canterbury Park Announces Appointment of New Directors and Other Leadership Changes”

  1. Thank you to two of the founders of Canterbury Park. They helped us enjoy 25 years of racing and have improved the facility over the years. While the company is facing chalanges in developing the sourounding undeveloped land it is good to see the company add talent to the board of directors that have experience in that field. However let’s hope they also appreciate the importance to continue to try and improve the racing side of the company. It would be a major loss if the company decides to emphise real estate development at the expense of racing.

    1. As a fan of Thoroughbred Racing & Canterbury I hope that at least 1 stakes race increases to graded status to draw even higher quality horses/trainers to Canterbury to compete.

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