Updated
Updated · Bravo · Jul 21
Steve McBee Sr. Names Ex-Wife Interim President Before Prison, but Kristi Rejects Role
Updated
Updated · Bravo · Jul 21

Steve McBee Sr. Names Ex-Wife Interim President Before Prison, but Kristi Rejects Role

2 articles · Updated · Bravo · Jul 21

Summary

  • Kristi McBee said she will not serve as interim president of McBee Farm and Cattle Co. after ex-husband Steve McBee Sr. put her atop the company org chart before reporting to prison.
  • Steve Sr., who is headed to prison for federal crop insurance fraud, said he wanted no confusion over who was in charge while he was away, even as Steven Jr. remained CEO and other executives kept their posts.
  • Steven Jr. called the move a "shell shock" that risked more chaos when the business needed stability, while Cole said he was confused and Brayden objected that his name was missing from the owners list.
  • Kristi said she has never been involved in the farm businesses and wants no part of them, preferring to focus on Lan-Tel Communications, the company she says she has grown to three times its former size.

Insights

Can the McBee brothers' pivot to cattle and asset sales save their family's legacy from financial ruin?
Was Steve McBee's shocking leadership choice a desperate move or a calculated plot twist for reality TV?
Beyond the McBee scandal, how will new farm policies prevent the next multi-million dollar crop insurance fraud?