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| Snyder (left) and Roberts |
Michigan's T-Party governor
Rick Synder, has appointed a former General Motors Corp. executive as the new emergency manager for Detroit Public Schools.
Roy Roberts will take over for
Robert Bobb, who was named the school district's emergency financial manager in 2009. Roberts currently is managing director and co-founding member of the Chicago-based private equity investment firm Reliant Equity Investors.
Roberts made his millions during GM's good years. When he retired in 2000 as GM group vice president for North American sales , service and marketing, he was the highest ranking black person in the car industry.
See
Modern School for more on Roberts.
What is it with these guys with two alliterative first names --Bob Bobb and now Roy Roberts?
As you might expect, this millionaire investor doesn't even live in Detroit. The Roberts' live in suburban, upscale Bloomfield Hills and winter in Scottsdale, Ariz.
ReplyDeleteThe board just bought him a $40,000 car. Chevy Tahoe of course.
ReplyDelete