Longtime head of the Las Vegas Convention and Visitors Authority Rossi Ralenkotter will reportedly retire from the organization, according to the Las Vegas Review Journal.
The Review-Journal reported Ralenkotter is in talks with board members about putting together a financial retirement package. No date has been set for his official retirement.
Ralenkotter, who has spent more than four decades with the organization, including the last 14 as its president, had been the subject of a number of articles from the Las-Vegas Review Journal, which reported that he had been misspending the organization’s funds.
Last week the outlet reported that the organization could not account for $50,000 in Southwest Airlines gift cards it had purchased. Ralenkotter has said that he used $16,000 of those gift cards for personal travel and has since apologized and paid back the money.
In his time at the organization, Ralenkotter is credited with developing the city’s “What happens here, stays here” slogan.
According to the Review-Journal, current LVCVA President and Chief Operating Officer Steve Hill is expected to take over for Ralenkotter.