Kentucky Retirement Systems, Frankfort, suspended its search for executive director.
The board of trustees, which oversees the $14 billion retirement system, declined to make an offer to any candidate for the opening, according to a statement from the fund.
William A. Thielen, chief operations officer, was asked to remain as interim executive director “through the 2012 regular session of the Kentucky General Assembly,” scheduled to end in April, the statement said.
Mr. Thielen couldn't be reached for comment.
EFL Associates, an executive recruiting firm hired by the retirement system, was assisting in the search for candidates.
“They decided to put things on hold,” said Mary Hobson, EFL executive vice president. She said she didn't know why the search was suspended.
The board plans to make a decision on whether to reactivate the search, including possibly whether to seek EFL's assistance, after the legislative session, she added.
The previous executive director, Robert M. Burnside, was terminated by the board in April.