Michigan Gov. Rick Snyder appointed Glenda Price, a former college president, to the nine-member financial advisory board that will help oversee the implementation of the consent agreement between Detroit and the state.
Price was a member of the original state team that reviewed Detroit’s finances and recommended to Snyder that the city was in financial crisis, which prompted the consent agreement.
She is the second of Snyder’s three picks for the board. The governor, Mayor Dave Bing and the state treasurer have now selected six of the nine board members. Remaining is the City Council’s two picks and a third joint selection with Bing.
Price was a president at Detroit’s Marygrove College and a provost at Spelman College in Atlanta.
“Glenda Price shares our belief that a strong, financially viable Detroit is essential to Michigan’s reinvention and success,” Snyder said in a statement.