FOR IMMEDIATE RELEASE

Contact:
Dick Brown

502-564-2611

Department of Revenue Commissioner Cox resigns; Tom Miller appointed to take his place

FRANKFORT, Ky. (July 1, 2008) - Department of Revenue Commissioner William M. Cox Sr. has announced that he has resigned from his post effective June 30, 2008, to pursue other opportunities.

Cox was appointed by Gov. Steve Beshear on December 17, 2007. He has more than 18 years of service in local, state and federal government, including a term as the mayor of Madisonville, Ky. His appointment as revenue commissioner marked Cox's return to Kentucky state government following a nearly 27-year absence, during which he worked primarily as an executive in the interstate trucking industry. Prior to his appointment, he most recently served as risk control manager for the Kentucky Association of Counties insurance programs.

"I am very fortunate that I have had someone with the institutional knowledge of Bill Cox overseeing the Department of Revenue during my time with Finance," said Cabinet Sec. Jonathan Miller. "Revenue is an extremely complex operation, but Commissioner Cox handled it with considerable aptitude and aplomb. He will be missed."

Today Gov. Beshear also announced the appointment of Tom Miller, of Louisville, as the new Department of Revenue Commissioner. Miller has more than two decades of experience in the financial service industry, including two different stints with the Department of Financial Institutions. He most recently served as Market President Louisville for Community Trust Bank. Miller attended Lincoln College in Lincoln, Ill. and the University of Louisville. He is a graduate of the Kentucky School of Banking. Miller assumes his duties today