The $1.6 billion-asset company said in a regulatory filing Wednesday that Cain is also leaving the board of its Bank of Kentucky. The filing said that Cain's decision to not seek re-election "did not relate to any disagreement with the Company or the Bank." Bank of Kentucky Financial last week reported that its fourth-quarter earnings rose 34% from a year earlier.
Cain will remain chairman until the company holds its annual meeting. The filing did not identify a successor.
Cain has been chairman of the holding company and bank since 2003, and a director since 1994, according to regulatory filings.
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