EDITORIAL: SPEDA's Next CEO: Who's on First?

Published on 13 September 2025 at 14:18

By Editorial Staff with Community Contributions | Somerset-Pulaski Advocate

SPEDA's Six-Figure Salary & What Taxpayers Should Know

As Somerset and Pulaski County enter a new phase of economic development leadership, one question rises to the surface: who will lead SPEDA next, and how will that decision be made?  We’ve been reviewing public records and tax filings to better understand the role, its compensation, and why it matters to the people who live and work here.

A Six-Figure Job in a Low-Wage Community

Bottom line up front: According to publicly available records from ProPublica, IRS Form 990 filings for 2024 show that SPEDA’s President and CEO earned a reported $159,936 in base salary. The same form indicates one additional staff role with reported pay of about $104,400, bringing the total payroll for two employees to just over $264,000.

This figure does not necessarily include additional perks sometimes associated with executive roles, such as travel reimbursements, entertainment for potential investors, or other allowances.

To put this into context:

  • According to Census Reporter, the median household income in Pulaski County is about $55,667.

  • Within Somerset city limits, the median household income is closer to $32,910.

That means the SPEDA CEO’s base salary is nearly five times the Somerset median household incomeIn a community where, as one resident put it, “people can barely afford to go to McDonald’s,” this is not just a good job, it could be a life-changing one.


The Future of SPEDA: Choice of Leader,  Cost to Community

Who Could Be Considered for the SPEDA Post?

SPEDA has not yet published qualifications for its next CEO. For context, the outgoing CEO, Chris Girdler, brought a background that included:

 

  • Service as a one-term Kentucky State Senator
  • Experience as CEO of a family-owned business
  • Chief of Staff to Congressman Hal Rogers
  • A bachelor's degree in business administration from Eastern Kentucky University

 

This information is listed on SPEDA’s own website. These credentials reflect a career deeply embedded in political and institutional networks. The open question is whether the next CEO must also come from this same circle, or whether broader experience in business, education, or community leadership will be considered equally valuable.

 

Why Should the Public Care?

According to a 2021 interlocal agreement published by the City of Somerset, the Pulaski County Fiscal Court contributes heavily to SPEDA’s operations. Originally, the county pledged $400,000 annually, with that figure was scheduled to rise to $620,000 in 2025. These are taxpayer dollars — and with them comes the responsibility for transparency, accountability, and measurable results.

At the same time, local residents face rising costs of living. In Somerset, a household earning the median income struggles to qualify for a $150,000 starter home. Countywide, even families earning near the median are stretched thin to afford a $190,000 home. The contrast between those realities and SPEDA’s executive compensation is difficult to ignore.

The point: SPEDA is generously funded, in part, by our tax dollars. 

Did anyone in government bother to remind us of the SPEDA raise when the new fiscal year kicked off in July? And the question: shouldn't qualified, local residents be considered for the SPEDA CEO position before anyone else?


Questions, Outliers, and the Bigger Picture

A Pattern of Questions 

Over the past several years, community members have raised concerns about SPEDA’s operations, which can easily be found in public social media platforms. Questions from land sales involving board members’ families to the perception that business dealings and decisions are concentrated among a small group of political and business insiders. While these issues remain debated, they highlight a common theme - does SPEDA function primarily as an engine of broad-based economic growth, or as an institution shaped by and for a few key players?

SPEDA and beyond: The outliers  

The writer’s main concern is true economic development and good-paying jobs for the majority, not just a well-connected minority. Yet the pattern of unusually high compensation extends beyond SPEDA itself. When public officials or city employees are drawing six-figure salaries — often several times higher than the average household income in Somerset or Pulaski County — it raises a fundamental question for taxpayers: are our public resources being invested in ways that improve opportunities for everyone, or are they concentrating wealth and influence in the hands of a few?

This is where an example becomes important. We will use the recently retired Somerset Police Chief, who now serves in an executive position appointed by Mayor Keck shortly after his retirement. 

GovSalaries.com reports that William Hunt, who retired as Somerset’s Chief of Police in February 2024, earned $129,569 that year in a position listed only as “N/A.” That figure likely includes his final weeks as Chief and compensation in another city role. 

Combined with a law enforcement pension — which sources familiar with the retirement system estimate could approach $80,000 annually — Hunt’s total yearly income may be somewhere in the neighborhood of $150,000-$200,000.

GovSalaries notes his 2024 salary alone was 345% higher than the city average and 632% higher than the median.

We haven't even started exploring the various personal service contracts many have indicated exist and have asked about. 

We've heard many ask the same question: was this Director of Community Development position posted or planned? It is an executive appointment, so there are lots of liberties for the mayor there. Did Hunt replace Julie Harris who seems to have not completed a full year of employment in 2024? I think if we explore, we may be able to find answers and more questions but will leave it for the citizens to discover for themselves. We have provided several starter sources at the end to help your search. 

For further comparison, the Pulaski County Administrative Code for 2025/26 -included below - shows that in 2021, the county’s top salary was just over $62,000 (p. 127). The gap between city and county pay is stark and raises questions about equity in publicly funded compensation.

What Does This Particular Issue Have to Do With SPEDA?

Maybe nothing. Maybe a lot. The numbers matter because they illustrate a pattern: the highest salaries and the most lucrative opportunities appear concentrated in a small circle of interconnected roles.

Community chatter — discussed openly on social media and in civic forums — suggests that Mayor Alan Keck, who has announced he will not seek a third term, may be eyeing the SPEDA CEO role or a position with Horse Soldier. Others speculate that Hunt may be preparing a mayoral run. These remain unverified rumors, but they illustrate how tightly connected political and economic leadership positions appear to be in Somerset and Pulaski County.

It is reasonable to assume that such a high-paying and influential role as SPEDA’s CEO will not be left unplanned. For anyone considering applying, understanding this context is essential. For taxpayers, the question is even simpler - are these positions serving the public’s long-term economic interest, or primarily reinforcing a closed circle of influence? With Keck and Girdler announcing plans to leave their current roles, what is the strategy? It is not uncommon for politicians to groom their replacement so they can still maintain a certain level of power and influence. It is not difficult to imagine the same happening with a position like SPEDA.

Taxpayers need to be paying close attention in the coming months. County wide. 

 

 

**Edit: The $129K for 2024 could include accrued leave payout when the Somerset Police Chief retired from his post. However, it is also important to note the Community Development salary in the latest ordinance is between $45k - $75k, if that is his new position with the city. The estimates match based our calculations IF he returned to the city on April 1st, 2024, drawing top dollar for the Community Development salary. 




Questions for the Community

Ultimately, the debate over SPEDA’s future is not just about one position. It’s about how Somerset and Pulaski County want to chart their economic future. A few questions worth asking now:

  • What will the next CEO’s total compensation package be?
  • Will the hiring process be transparent and competitive, or decided behind closed doors?
  • Can new leadership rebuild trust and ensure SPEDA serves the broader public rather than a small circle of decision-makers?
  • How can taxpayers ensure their contributions are producing meaningful returns in wages, jobs, and sustainable growth?

Final Word

The average citizen may never have a realistic chance of being selected as SPEDA’s CEO. But every taxpayer has a stake in who is chosen and how. The process and the outcome will speak volumes about whether SPEDA remains a political tool or evolves into a genuine driver of opportunity for all of Pulaski County.

There are more questions to be asked, but those will be for another day.


Some of SPEDA's Expenditures via audit - courtesy of Truth or Politics

To explore SPEDA's tax filings and Audits by year, click on the ProPublica linked in the image below:


Additional publications and context:

City of Somerset. https://www.cityofsomerset.com/2021/06/28/in-historic-collaboration-somerset-city-council-and-pulaski-fiscal-court-approve-interlocal-agreements/

Op-ed from SPEDA President and CEO Chris Girdler: https://www.lanereport.com/134132/2020/11/op-ed-from-speda-president-and-ceo-chris-girdler/

SPEDA Website: https://somersetkyleads.com/our-leadership/our-team/ 

Search ProPublica: https://projects.propublica.org/nonprofits/organizations/ 

Census Reporter:  https://censusreporter.org/profiles/16000US2171688-somerset-ky/ 

Search GovSalaries: https://govsalaries.com/

Slaven, J. (2020, July 21). SPEDA sues former SPCDF employees. Commonwealth Journal. Retrieved January 13, 2023, from https://www.somerset-kentucky.com/news/speda-sues-former-spcdf-employees/article_680be81c-cba7-11ea-b2f0-0bd0c9d91490.html

Mardis, B. (2019, February 14). Shearer says transition to SPEDA is underway. Commonwealth Journal. https://www.somerset-kentucky.com/news/local_news/shearer-says-transition-to-speda-is-underway/image_3a8fc7a0-7562-5651-88cf-6a2eb1044ddb.html

PULASKI COUNTY FISCAL COURT ORDINANCE NO. 140.1. (n.d.). Pulaski County Kentucky Government. Retrieved January 13, 2023, from https://www.pulaskigov.com/wp-content/uploads/2019/04/ord-140_1.pdf

Slavey, C. (2019, February 4). Girdler in as SPEDA president. The Commonwealth Journal. https://www.somerset-kentucky.com/news/local_news/girdler-in-as-speda-president/article_5c7c9e60-f674-5977-91a8-338543e9e4e8.html#:~:text=Chris%20Girdler%20is%20officially%20the%20CEO%2FPresident%20of%20the,Thursday%20Girdler%20was%20on%20hand%20to%20formally%20accept.

Slavey, C. (2019, May 4). SPEDA moving to Energy Center's top floor. The Commonwealth Journal. https://www.somerset-kentucky.com/news/local_news/speda-moving-to-energy-centers-top-floor/article_4731473c-ddde-51e9-8a6c-bcc7cf564d57.html?fbclid=IwAR3bDzgTJvIi7PhMrwGu3qWN2NqkXgzvgkfIo0q68rjCVwdJnzj83N2HmII

Somerset Pulaski Economic Development Authority (2023, January 5). SPEDA sells 22 acres to build affordable housing near Valley Oak Commerce Complex. SomersetLeads. Retrieved January 15, 2023, from https://somersetkyleads.com/speda-sells-22-acres-to-build-affordable-housing-near-valley-oak-commerce-complex/


The contributors to this article have chosen to remain anonymous to protect their identities and to avoid any potential retribution. While some information was originally shared as opinion, every effort has been made to review and reference publicly available records in order to present facts as accurately as possible.

We are an informal community group, not a political organization. The purpose of this space is to share information on issues raised by our members regarding Somerset-Pulaski County, Kentucky, and our nation for public education, information, and commentary. We encourage all readers — including our members and the broader public — to consult the available records, verify information for themselves, form their own opinions, and contribute to an open exchange of ideas.