Future of the Michigan Economy by Andy Dillon, former State of Michigan Treasurer
The Oakland University
School of Business Administration
Economics Advisory Board
Fall Lecture Series
Andy Dillon, Former State of Michigan Treasurer
Future of the Michigan Economy: An Overview
As a former Treasurer of the State of Michigan, Andy Dillon is fully conversant with the challenges the state faces. Michigan’s largest city, Detroit, has filed for bankruptcy protection—Detroit is also the largest city ever to seek bankruptcy protection. Against the backdrop of this rather grim news, Mr. Dillon sheds light on what the future holds for Michigan.
Thursday, November 14, 2013
5 – 6:15 p.m.
242 Elliott Hall
This lecture is free and open to the public.
About the Speaker
Andy Dillon was appointed as Michigan's 44th State Treasurer by Governor Rick Snyder in January 2011. He served in that role until October 2013. In this role Dillon was responsible for overseeing changes made to the state's taxation laws, distributing revenue sharing monies, protecting the credit rating of the state and its local units of governments as well as managing the retirement funds of Michigan's state police and judges, and its state and public school employees.
As Treasurer, Dillon championed legislation to ensure that financially troubled local municipalities and school districts have the necessary tools to provide the essential services residents deserve and avoid bankruptcy. As part of that effort, Dillon worked with locally elected officials to develop the Municipal Services Authority to provide the mechanism for local units to share services. He has also overseen the administration of a complete overhaul of the tax system in the state.
Immediately preceding his time as Treasurer, Dillon served three terms in the Michigan House of Representatives, and was elected by his colleagues to serve as Speaker of the House during his final two terms.
In the Legislature, Speaker Dillon was a leading proponent of energy reform and was one of the chief architects of the 21st Century Jobs Fund, which was created to diversify Michigan's economy and make the state a magnet for the good-paying jobs of the future. Additionally, under Andy Dillon's leadership as Speaker, he led by example through enacting cost saving measures such as: voluntarily giving up his own legislative health care benefits and voting to reduce his own pay by 10% in an effort to help balance the state's budget.
Prior to achieving elected office,Dillon served as the managing director of Wynnchurch Capital, vice president of GE Capital, and worked as a financial analyst at WR Grace. In addition, Mr. Dillon practiced law for seven years after graduating with his law and accounting degrees from the University of Notre Dame, and worked as an administrative assistant to U.S. Senator Bill Bradley.