leadership
confidence high
sentiment positive
materiality 0.70
Kentucky First Federal Bancorp appoints R. Clay Hulette as CEO; Don Jennings becomes Director of Operations
Kentucky First Federal Bancorp
- Hulette appointed CEO of company and President/CEO of bank subsidiary, subject to regulatory approval.
- Hulette to receive $185k salary; previously served as CFO from 2005 to 2024 and as bank president.
- Don Jennings named Director of Operations of bank, remains President of company and bank Chairman.
- Jennings' employment agreement with company not renewed; bank agreement terminated with no compensation change.
- Hulette's spouse is EVP at bank; his nephew Tyler Eades is CFO of company.