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Detroit’s Financial Advisory Board Taking Shape

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Video screenshot of council in session  (credit: detroitmi.gov) FILE

Video screenshot of council in session (credit: detroitmi.gov) FILE

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DETROIT (WWJ) – The Financial Advisory Board charged with overseeing Detroit’s fiscal future is quickly taking shape.

Council President Pro Tem Gary Brown is encouraging his colleagues to pick former Ford Motor Company Vice President Ronald Goldsberry as one of the two council appointments to the nine member board.

“He’s willing to go through a public vetting and I would just encourage this body on our first selection that we make it a decision quickly. I think there is a good possibility that this could be the chair of that committee,” said Brown.

“He has a finance degree from Stanford University , he also has a Ph.D from Michigan State University, he has been vice president of Ford Motor Company’s Global Customer Service. He is probably the top candidate on all three lists,” Brown said.

So far, three people have been tapped for the job.

PricewaterhouseCooper’s Senior Vice President Darrell Burks – Treasurer Andy Dillon picked Ken Whipple of Korn/Ferry International and Mayor Bing and Governor Snyder joined in choosing Robert Bowman who served as state treasurer from 1983 to 1990, overseeing pension funds.

The Consent Agreement sets a May 10th deadline for board appointments.

The governor is expected to announce more picks for Detroit’s Financial Advisory Board by Friday.

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