Rising's Career in Public Finance and Healthcare Administration

Rising's Career in Public Finance and Healthcare Administration

The professional trajectory of Rising is marked by a distinguished transition from high-level state government finance to private legal practice and corporate healthcare leadership. With a career spanning several decades, Rising has played a pivotal role in shaping the financial policies of the state of Michigan.

Early Career and Policy Development

Rising began his ascent in public service as the Deputy Michigan State Treasurer for Policy Development and Finance. Serving in this capacity from 1983 to 1991, he focused on the strategic frameworks and financial mechanisms that govern state resources.

Transition to Private Legal Practice

In 1991, Rising transitioned from the public sector to the private sector by joining the law firm Miller, Canfield, Paddock and Stone. He remained with the firm for seven years, providing legal and financial expertise until 1998.

Leadership as Michigan State Treasurer

Rising returned to public service on January 6, 2003, when he was appointed as the Michigan State Treasurer by Governor Jennifer Granholm. In this role, he was responsible for the state's overall financial management and fiscal health.

His tenure as State Treasurer lasted until late February 2006, marking a period of significant administrative responsibility during the state's financial operations.

Executive Role at Detroit Medical Center

Following his service as State Treasurer, Rising moved into the healthcare sector. In February 2006, he accepted a dual leadership role at the Detroit Medical Center, serving as both Vice President and Chief Financial Officer (CFO)—the executive responsible for managing the financial actions of the organization.

Key Facts

  • 1983–1991: Served as Deputy Michigan State Treasurer for Policy Development and Finance.
  • 1991–1998: Practiced law at Miller, Canfield, Paddock and Stone.
  • 2003–2006: Appointed Michigan State Treasurer by Governor Jennifer Granholm.
  • 2006: Transitioned to Vice President and CFO of the Detroit Medical Center.
Career Timeline Summary
Period Organization Role
1983–1991 Michigan State Treasury Deputy State Treasurer for Policy Development and Finance
1991–1998 Miller, Canfield, Paddock and Stone Attorney/Professional Staff
2003–2006 Michigan State Treasury Michigan State Treasurer
2006 onwards Detroit Medical Center Vice President and CFO

Frequently Asked Questions

Who appointed Rising as the Michigan State Treasurer?

Rising was appointed to the position of Michigan State Treasurer by Governor Jennifer Granholm on January 6, 2003.

Which law firm did Rising work for in the 1990s?

Rising worked for the law firm Miller, Canfield, Paddock and Stone from 1991 until 1998.

What was Rising's first major role in the Michigan State Treasury?

From 1983 to 1991, Rising served as the Deputy Michigan State Treasurer for Policy Development and Finance.

When did Rising join the Detroit Medical Center?

Rising joined the Detroit Medical Center in late February 2006.

What positions did Rising hold at the Detroit Medical Center?

Rising held the positions of Vice President and Chief Financial Officer (CFO) at the Detroit Medical Center.

References

  1. "Jay B. Rising - State Treasurer". Michigan State Treasurer. Archived from the original on February 28, 2005. Retrieved May 1, 2020.
  2. "Two Miller Canfield Attorneys Appointed to Senior Positions in Granholm Administration". Miller, Canfield, Paddock and Stone. Retrieved May 1, 2020.
  3. "Rising to Step Down; Will Join Detroit Medical Center". Michigan. Retrieved May 1, 2020.