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Acting CUNA Mutual CEO Holley Addresses Employees

MADISON, Wis. - CUNA Mutual Acting CEO Jeff Holley briefed employees last week on his objectives for the company and the role he will play. Holley took over for Mike Kitchen who resigned after the board learned he offered $1,000 to a group of employees seeking to separate from the...

By Staff Writer | Updated on August 17, 2004

MADISON, Wis. – CUNA Mutual Acting CEO Jeff Holley briefed employees last week on his objectives for the company and the role he will play. Holley took over for Mike Kitchen who resigned after the board learned he offered $1,000 to a group of employees seeking to separate from the union. Holley told employees that he was sad and shocked to learn about the Kitchen situation, but understood the board’s intentions of holding up the integrity of the company. He highlighted his seven top priorities, which include keeping the company on its current strategic path, getting to know more credit union system leaders, naming an acting CFO (he acknowledged he can’t do both jobs simultaneously), resolve the labor situation, and others. Holley addressed the employees in two separate sessions in the company’s cafeteria.

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