Detroit Public Schools Have New Boss

Roy S. Roberts, Detroit Public Schools EFM

Retired General Motors Executive Roy Roberts has been appointed Emergency Financial Manager for the Detroit Public Schools by Governor Rick Snyder. Roberts, who agreed to a $250,000 contract for one-year, will succeed outgoing EFM Robert Bobb whose contract expires in June.

Roberts had been working as the managing director of Reliant Equity Investor, a private-equity investment firm, since retiring from General Motors as Group Vice President of North American Vehicle Sales, Services and Marketing. Roberts was with GM for 23 years of his 40-year career in the auto industry.

Roberts has a long history of community involvement in Detroit – including the announcement of a $1 million gift to the Detroit Institute of Arts (DIA) by him and his wife, Maureen. The new EFM is inheriting the reins of a school district that was $327 million in the red last June.

Labels: Detroit EFM, Roy Roberts

posted by PAA Online , Friday, May 6, 2011 11:05 AM
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