Detroit mayor names school fixer Jack Martin as finance chief - KMSP-TV

Detroit mayor names school fixer Jack Martin as finance chief

DETROIT (AP) -

The former state-appointed emergency manager for Highland Park Public Schools is Detroit's new chief financial officer.

Mayor Dave Bing on Thursday announced the hiring of Jack Martin, an accountant and founder of Martin, Arrington, Desai & Meyers PC.

Martin was appointed in January by Gov. Rick Snyder to fix the finances in the Highland Park district. He also was chief financial officer of the U.S. Department of Education from 2002-2005.

Detroit's chief financial officer position was created under a deal between the city and Snyder as an alternative to a state takeover. The city has a $265 million budget deficit and $13.2 billion in long-term structural debt.

Snyder on Thursday replaced Martin in Highland Park with Joyce Parker, emergency manager for the city of Ecorse.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices