Casey's General Store Extends CEO Contract

Casey's General Store and Kum & Go both operate gas stations on Penn Street in North Liberty. Photographed Monday, July 30, 2012. (Liz Martin/The Gazette-KCRG)

Tools

By Ellen Kurt

ANKENY, Iowa (AP) — Convenience store chain Casey's General Store has extended its contract with Chief Executive Officer Robert Myers through April 2015.

The Ankeny-based company says Myers' current contract signed in 2010 was set to expire in April.

Myers, who is 65, will remain employed under the terms of the previous agreement. The new contract announced Wednesday also provides a $330,000 per year retirement benefit payable to Myers for 10 years upon retirement.

Myers earns salary of about $800,000 and benefits from a variety of stock awards and other compensation.

Myers has been associated with the company since 1989 and became CEO in June 2006.

The company operates 1,700 convenience stores in 12 Midwestern states.

Conversation Guidelines

Be Kind

Don't use abusive, offensive, threatening, racist, vulgar or sexually-oriented language.
Don't attack someone personally. Keep it civil and be responsible.

Share Knowledge

Be truthful. Share what you know and what you are passionate about.
What more do you want to learn? Keep it simple.

Stay focused

Promote lively and healthy debate. Stay on topic. Ask questions and give feedback on the story's topic.

Report Trouble

Help us maintain a quality comment section by reporting comments that are offensive. If you see a comment that is offensive, or you feel violates our guidelines, simply click on the "x" to the far right of the comment to report it.


read the full guidelines here »

Commenting will be disabled on stories dealing with the following subject matter: Crime, sexual abuse, property fires, automobile accidents, Amber Alerts, Operation Quickfinds and suicides.

facebook twitter rss mobile google plus
email alerts you tube hooplanow pinterest instagram

What's On KCRG