Canterbury Park Holding Corporation approved 3% and 2.5% increases to the 2026 annual base salaries of CEO Randall D. Sampson to $347,606 and CFO Randy J. Dehmer to $280,988, effective March 29, 2026. The Board also adopted 2026 performance goals under the Annual Incentive Plan, with target bonus opportunities of 45% for Sampson and 35% for Dehmer based on adjusted income from operations (70% weight) and revenue (30% weight).
Key takeaways
Base salary increase for Randall D. Sampson (President and CEO) by 3% to $347,606 effective March 29, 2026
Base salary increase for Randy J. Dehmer (CFO) by 2.5% to $280,988 effective March 29, 2026
Adoption of 2026 Annual Bonus Plan with Incentive Awards for eligible employees including Sampson and Dehmer
2026 bonus performance goals: adjusted income from operations (70% weight) and consolidated revenue (30% weight), both GAAP-based with adjustments for AIFO
Target bonus opportunities: 45% of base salary for Sampson, 35% for Dehmer; max payout 150% of target
Payouts decrease below target levels, zero if below minimum performance levels