Ahmeenah Young, departing
President and Chief Executive Officer of the Pennsylvania Convention
Center in Philadelphia, is expected to receive a $460,000 consulting contract
payable over the next 18 months after she leaves at the end of the year,
according to sources familiar with the agreement, which is on the agenda for
today's PCC Authority board meeting. UPDATE: She'll advise her successors at
SMG. Approved by directors at the meeting this afternoon.
Effective last month, the board replaced Young in her role
as the center's day-to-day boss with SMG, a private company based in West
Conshohocken that also manages dozens of public facilities including convention
centers in Chicago, Detroit and Miami.
Separately, the PCC authority's board is expected to name
vice chairman and Greenlee Partners lobbyist John McNichol as Young's acting
replacement, though the role has been reduced to representing Pennsylvania, the
center's owner, in dealing with its new outside management firm, while SMG runs
day to day operations. McNichol will not be paid for his service. McNichol is a
member of a family active in Delaware County Republican circles.
The board is trying to find a permanent president; once
filled, the post will pay around $220,000 plus benefits.
The board also voted to confirm Carol Hunt as vice president
of finance, Shamyune Jones as general counsel/vp, and Tara Waltenbaugh as
acting VP for administration. All are PCC veterans who will now work for the reduced
convention center staff; some other staffers have joined SMG and will be part
of its operating team.
When she's done consulting, Young will also qualify for a
Pennsylvania State Employees' Retirement System pension. Under SERS rules,
state employees who have accumulated enough state service may retire with
yearly pensions worth almost as much as their peak-year earnings, which in
Young's case total around $270,000 annually.
Source: Philly.com
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