DETROIT (WWJ/AP) – A certified public accountant and bank executive have been named to Detroit’s financial advisory board as part of a consent agreement between the city and Gov. Rick Snyder.

The appointments of Eddie Munson and Sandra Pierce were announced Friday by Mayor Dave Bing.

The nine-member board will monitor how the city manages its limited resources and report back to the state. It also will make recommendations to the mayor and help the city in preparing its three-year budget.

Munson is a Skillman Foundation board member and former partner at KPMP, an audit, tax and advisory services firm. Pierce is president and chief executive of Charter One, Michigan.

They are Bing’s appointees to the financial advisory board.

The first three members — former state treasurer Robert Bowman,  Price Waterhouse Coopers executive Darrell Burks, and Korn-Ferry International board chairman Ken Whipple — were announced last week. Read more, here.

TM and © Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.


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