Orr Appoints Deputy Emergency Manager For Detroit

DETROIT (AP) – State-appointed emergency manager Kevyn Orr has named a former Detroit-area restructuring executive as his deputy.

Orr’s office says in a release that Stacy Fox was appointed to the post Friday.

Fox is the founder of the Detroit-based Roxbury Group, a real estate development company. She will oversee city operations, while also serving as Orr’s chief of staff.

Her responsibilities will include leading transition efforts with the new mayoral administration following next month’s general election.

Fox has stepped down from her role at Roxbury. She will earn $175,000 annually, but receive no benefits as deputy emergency manager.

Orr was appointed over Detroit’s finances in March. In July, he made Detroit the largest U.S. city to file for bankruptcy.

Snyder Names Former Bankruptcy Judge As Transition Manager Of DPS - Rhodes will oversee the school district's finances and operations, but he will appoint an interim superintendent as soon as possible to handle academics.
Ex-CEO Of Firm Hired To Help With Detroit Recovery Sues Over Firing - Van Conway co-founded Conway Mackenzie 28 years ago.
Detroit Shows Improvement, Promise 1 Year Out Of Bankruptcy - A year after its exit from a brief but embarrassing bankruptcy, Detroit suddenly has something it long lacked: money to spend.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Detroit

Best Christmas Light Displays
Best Holiday Drink Ideas

Watch & Listen