If you google his job description it gives alot of details, seems like more administrative stuff than anything, along with travelling to alot of tracks. $220,000 is not an outrageous salary for President of the Hambo Society in my opinion.
$220k is a pretty healthy salary for a figure head.
John Campbell had zero business experience acquiring the job. If it's administrative, he will have some professional administrator doing 90% of that work.
He's being paid for his name, which is less and less known every day.