Khouri's Career in Michigan Public Finance and Economic Development
With a career spanning several decades of public service, Khouri has held some of the most influential financial and economic roles within the state of Michigan. From managing state-level treasury operations to steering the economic trajectory of Detroit, Khouri's professional journey reflects a deep commitment to fiscal management and urban development.
Key Facts
- Served as Michigan State Treasurer from 2015 to 2018.
- Appointed as Detroit's economic development chief in 2020.
- Previously held the role of chief economist for the Michigan Senate Fiscal Agency.
- Served as chief deputy Michigan State Treasurer between 1991 and 1997.
Early Career and State Fiscal Leadership
Khouri's foundation in public finance was established through critical roles in state government. Early in the 1990s, Khouri served as the chief deputy Michigan State Treasurer under the leadership of Douglas B. Roberts, a position held from 1991 to 1997. This role provided essential experience in managing the state's financial assets and obligations.
Further expanding this expertise, Khouri also served as the chief economist to the Michigan Senate Fiscal Agency, an office responsible for providing nonpartisan fiscal analysis and economic forecasting to the state legislature.
Tenure as Michigan State Treasurer
A significant milestone in Khouri's career occurred on April 20, 2015, when Governor Rick Snyder appointed Khouri as the Michigan State Treasurer. In this capacity, Khouri was responsible for overseeing the state's financial policies and treasury operations. This tenure lasted until Khouri's resignation in 2018.
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Leading Detroit's Economic Development
Following the tenure as State Treasurer, Khouri transitioned to municipal leadership. On December 13, 2019, Detroit Mayor Mike Duggan appointed Khouri to serve as the city's economic development chief. This role focused on fostering growth and attracting investment to the city of Detroit.
Khouri officially assumed the position on January 1, 2020. After serving in this capacity for nearly a year, Khouri retired in December 2020 and was succeeded by Nicole Sherard-Freeman.
Career Summary Table
| Period | Position | Organization/Appointing Authority |
|---|---|---|
| 1991–1997 | Chief Deputy Michigan State Treasurer | Under Douglas B. Roberts |
| Undated | Chief Economist | Michigan Senate Fiscal Agency |
| 2015–2018 | Michigan State Treasurer | Appointed by Governor Rick Snyder |
| 2020 | Economic Development Chief | Appointed by Mayor Mike Duggan (Detroit) |
Frequently Asked Questions
Who appointed Khouri as the Michigan State Treasurer?
Khouri was appointed to the position of Michigan State Treasurer by Governor Rick Snyder.
When did Khouri serve as the economic development chief for Detroit?
Khouri assumed the role on January 1, 2020, and retired from the position in December 2020.
What role did Khouri hold under Douglas B. Roberts?
From 1991 to 1997, Khouri served as the chief deputy Michigan State Treasurer under Douglas B. Roberts.
Who replaced Khouri as Detroit's economic development chief?
Upon Khouri's retirement in December 2020, Nicole Sherard-Freeman took over the role.
What was Khouri's role at the Michigan Senate Fiscal Agency?
Khouri served as the chief economist for the Michigan Senate Fiscal Agency.