Snyder out as OPPRS director, interim named
OKLAHOMA CITY, OK. (KVII) —
The Oklahoma Police Pension and Retirement System Board of Directors announced Monday that it has fired Executive Director Steven Snyder and named Sean Ruark interim director.
According to OPPRS, Board members voted 10-1 for Snyder's removal at a special meeting announced last Thursday after an investigation into accusations of embezzlement of the organization's operating funds became public.
Ruark, the Pension Administration Officer, was named the interim executive director until a permanent replacement is found.
Ruark has been with the organization since 2007, where he began as a pension analyst. In his current role, Ruark oversees day-to-day operations of the member services division and also coordinates and presents pre-retirement seminars throughout the state.
Ruark received his bachelor's degree from the University of Oklahoma and his master's degree from the University of Central Oklahoma.
It was also announced during the meeting that the OPPRS has begun an internal audit of its financial records and operating procedures.
Board members and staff continue to cooperate with the attorney general's ongoing investigation.