State Treasurer Andy Dillon announced his
resignation late last week, citing personal problems that have distracted from
the hard work of the State, the Department, and himself in terms of local
government financial turnaround and other priorities. Treasurer Dillon will
stay on until November 1st.
Early this week, Governor Snyder announced
the appointment of now Treasurer-designate Kevin Clinton. Clinton
Flood
to Lead DIFS
With Clinton departing his role as Director
of DIFS, Governor Snyder appointed the chief deputy, Ann Flood, to the position
as Director. Ms. Flood also came from American Physicians Capital,
Incorporated, having served as Executive Vice President and Chief Operating
Officer. While Mr. Clinton is an actuary by trade, Ms. Flood is both an
attorney and a registered nurse.
Response from Capital insiders, including
many insurance industry representatives, has been positive regarding both the
appointment of Clinton as Treasurer and Flood as DIFS Director.