Former governor Matt Bevin now leading Louisville medical device company, report says

Former Kentucky governor Matt Bevin reportedly has a new executive role.

Bevin is now the CEO of Neuronetrix Solutions LLC, a medical device company based in Louisville, according to Louisville Business First.

A representative at Neuronetrix could not confirm Bevin’s role at the company, but said they would ask Bevin to see if he could confirm. Bevin did not immediately respond to messages from the Herald-Leader inquiring about his role at the company.

Neuronetrix does business as Cognision, which is “a portable device used to record electrical brainwaves from patients with neurological problems.”

In an interview with Louisville Business First, Neuronetrix’s Chief Technology Officer K.C. Fadem referred to Bevin as the acting CEO but said the company wasn’t searching for a replacement. He said Bevin started leading the company late last year.

Bevin and Neuronetrix have a history. Bevin has been an investor and part owner of the company, a fact that drew some scrutiny during his gubernatorial tenure when the state economic development cabinet approved $1.2 million in “angel investments” for the company. That program grants investors a 40% income tax credit on their investments.

A businessman by trade, Bevin at one point ran a family-owned bell factory in Connecticut. He has also held executive positions with investment companies, including his own Integrity Asset Management.

Bevin rose to the governorship after eking out a primary win over now-U.S. Congressman James Comer, KY-01, by 83 votes and later defying polls in a shocking nine-point victory over Democratic candidate and former attorney general Jack Conway in the 2015 general election. A year earlier, he ran a Tea Party-aligned campaign against Kentucky’s Senior U.S. Senator Mitch McConnell.

In 2019, Bevin lost a tight race to the current governor, Democrat Andy Beshear. Despite Bevin’s unpopularity at the time, he lost to Beshear by just over 5,000 votes, or 0.4 percentage points.

The Republican left office in a flurry of controversy. Initially, he refused to concede the Beshear. On his way out of office, he issued hundreds of pardons and commutations, including for people convicted of murder and sexual assault.

In early 2023, Bevin teased a potential run for the governor’s chair, greeted television cameras on the day of the filing deadline in the Capitol with a long, platform-like speech, then left without filing for office. Attorney General Daniel Cameron ended up scoring the GOP nomination to run against now-incumbent Beshear in a landslide primary win.

Bevin also recently made news when his wife, Glenna, filed for divorce in late May. The couple has nine children, only two of whom remain minors.

In Spring 2022, Shelby County Life Magazine reported Bevin had purchased, through one of his companies, a manufacturing warehouse. That’s now the site of a metal fabrication company Bevin co-owns called Integrity Fabrication LLC, according to the Kentucky Secretary of State’s website.