So is Bill Stowe worth a half-million dollars?

The Des Moines Water Works (DMWW) board has agreed to pay Stowe, their CEO, a $500,000 bonus for staying through 2020. That’s on top of his annual salary of $211,665 and the $90,000 bonus he will collect by staying through 2017.

Certainly, lots of people in rural Iowa have reasons to think Stowe...