Former Kentucky CIO files whistleblower lawsuit over misappropriated funds
Steven Herbert, former CIO of the Kentucky Public Pension Authority, filed a whistleblower lawsuit, alleging misappropriated funds.
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Steven Herbert, former CIO of the Kentucky Public Pension Authority, filed a whistleblower lawsuit, alleging misappropriated funds.
Steven Herbert says in a whistleblower suit that the Kentucky Public Pension Authority fired him because he disclosed fraud and abuse of public funds
The $22 billion pension fund also tapped Anthony Chiu as deputy CIO.
Breaking News: Kentucky Retirement Systems Names Steven Herbert New CIO The asset manager and former consultant is the sixth investment chief to head the fund in about 13 years. He starts Jan. 16. The Kentucky Retirement Systems (KRS) has named asset manager and former consultant Steven M. Herbert its next chief investment officer. Herbert will be the sixth investment head at the pension fund in about 13 years, replacing Rich Robben, the former executive director of investments at KRS, who left in September with Deputy Executive Director Andy Kiehl for consulting positions at Florida-b...