An appraisal released on Tuesday shows that the Missouri History Museum paid ex-Mayor Freeman Bosley Jr. over three times market rate for property Bosley sold the museum in 2006.
The sale which was only recently discovered was the catalyst behind a series of events which led to the resignation of Museum President Bob Archibald.
While Robert Archibald is stepping down as president of the Missouri History Museum, he will be getting a financial payout of close to a million dollars.
The museum’s board of trustees accepted Archibald’s resignation on Friday.
Despite the circumstances of his departure, Archibald himself will still be receiving a payout of $566,000 for unused vacation, plus $270,000 for a six-month consult contract. All told, $836,000, as he walks out the door.
Updated at 4:45 with comments from ZMD board member Gloria Wessels.
Updated with comments from Zoo-Museum District board member Jerome Glick, and to correct Archibald's tenure at the museum.
The president of the Missouri History Museum in Forest Park has resigned.
A spokesman for the museum confirmed that Robert Archibald submitted his resignation to the chair of the museum's Board of Trustees today. The spokesman, Everett Dietle, did not have any additional information. The board will meet Friday morning at the museum.