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Economy

New Leader for RDA

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Riverboat Development Authority
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A business consultant from the Quad Cities will be the next president and ceo of the Riverboat Development Authority. This afternoon, the board of directors chose Randy Rathje to replace Mary Ellen Chamberlain, who's retiring.

Board chair, Carol Sommer, says Rathje has a lot of good experience, including being involved in Davenport's recent unsuccessful effort to buy a casino. 

Rathje worked for Iowa Illinois Gas and Electric until the merger formed MidAmerican Energy, then worked as a financial advisor and trust officer. Next he became chief financial officer for Lujack'sNorthpark Auto Plaza until it was sold, and has since worked as a business consultant.

Sommer says the RDA received 62 applications, and eventually narrowed the list to 3 finalists.