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Businessmen trying to remove co-op chairman

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Posted: Wed 3:46 PM, Sep 05, 2012

SOMERSET, Ky. (AP) - A group of businessmen are spearheading an effort to remove the chairman of the state's largest rural electric cooperative.

The Lexington Herald-Leader (http://bit.ly/OWtM4z ) reports the group is trying to have Rick Stephens of McCreary County removed from the board of the South Kentucky Rural Electric Cooperative.

Stephens has been on the board for 36 years and chairman for 12.

Opponents are circulating a petition that alleges Stephens, among other things, pressured co-op employees to buy auto parts from a store he owned and had a conflict of interest in relation to co-op property in McCreary County.

Stephens says he has done nothing wrong.

His term expires in 2015. Public Service Commission records show he received $29,177 as chairman of the co-op board last year.


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