LEXINGTON, Ky. (Dec. 12, 2012) — The board of directors for Kentucky Employers’ Mutual Insurance (KEMI) has selected Jon E. Stewart as the next president and CEO of KEMI. Stewart will assume this role upon the retirement of Roger Fries, KEMI’s current president and CEO.
“Jon is a respected leader at KEMI and has a proven track record in both the finance and insurance industries,” said David Snowden, chairman of the board of directors. “Under Roger’s leadership for the last seventeen years KEMI has achieved remarkable success, and after a nationwide search we have absolute confidence that Jon is the right person to lead the company into the future.”
Stewart has been with KEMI since 1997. The last six years he has served as executive vice president and chief financial office, where he has overseen all the financial aspects of the company. These responsibilities have included managing KEMI’s investment portfolio, annual operating budgets and the rate making process.
Stewart is a certified public accountant and received a Bachelor of Science in Accounting from The Ohio State University. He serves on several national insurance related committees. He is a member of the American Institute of Certified Public Accountants and the Kentucky Society of Certified Public Accountants.
Stewart lives in Nicholasville, Ky., with his wife Melissa and his daughter Annie. His son Hunter is attending Vanderbilt University.
KEMI is the largest provider of workers’ compensation insurance in Kentucky, providing coverage to more than 20,000 businesses.