Detroit Financial Advisory Board Appointments Announced

The first three of nine appointees to the Financial Advisory Board established by the Consent Agreement between the City of Detroit and the State of Michigan were announced Thursday afternoon. The Consent Agreement calls for the Governor to appoint three members, Detroit Mayor Dave Bing to appoint two, Detroit City Council to appoint two, State Treasurer Andy Dillon to appoint one, and the Governor and the Mayor to jointly appoint one.

All three appointments announced Thursday are subject to final vetting by the Michigan Association of CPAs and the Michigan Government Financial Officers Association.

The joint appointment of the Governor and the Mayor is former Michigan Treasurer Bob Bowman. Currently the President & CEO of MLB.com, the internet and technology arm of Major League Baseball, Mr. Bowman was State Treasurer from 1983 – 1991 under Governor James Blanchard.

Treasurer Dillon’s appointee is former CMS Energy Board Chair, President and CEO of Consumers Energy Ken Whipple. Currently Chairman of the Board of Korn/Ferry International, the world’s largest executive search firm, Mr. Whipple spent a 40-year career with Ford Motor Company, including time as President of Ford Motor Credit and Ford Financial Services Group.

Finally, representing one of the Governor’s three appointments is Darrell Burks. Mr. Burks, a CPA, is a senior partner in the Detroit office of the global accounting firm PricewaterhouseCoopers. Mr. Burks joined the firm in 1978, moved to the Detroit office in 1986, and became partner in 1992. His experience includes providing services to a diverse client base, including many municipalities and other local units of government.

posted by PAA Online , Friday, April 20, 2012 10:26 AM
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