By Rob Nikolewski | Capitol Report New Mexico
Rick May
SANTA FE — The ripple effects of a fraudulent audit at the New Mexico Finance Authority hit the agency’s CEO on Thursday, when the NMFA board unanimously voted to put Rick May on administrative leave with pay.
“We felt we needed to change the direction of that organization immediately,” board chairwoman Nann Winter told reporters after the board’s announcement.
May will be replaced on an interim basis by Brett Woods, who is the deputy secretary at the New Mexico Energy, Minerals and Natural Resources Department.
