KEMI Board Names Bunning CFO

The deputy secretary of Kentucky's Finance and Administration Cabinet will soon take over as chief financial officer for the Kentucky Employers' Mutual Insurance Co., KEMI announced this week. Mark Bunning will replace Scott McConnell, who was CFO at KEMI for almost four years and was with the company for 21 years. Bunning was named to the post by the KEMI board of directors in a special meeting Monday. The move came a few days after the board voted to reduce the company CEO's salary and modify his contract in the wake of a state audit that questioned some spending practices ...