SBA Board of Trustees
Present members of the Board of Trustees, and the Executive Director of the Authority are as follows:
PATRICK J. DEVLIN, Chairperson (Trustee since June 30, 2005; term expires August 21, 2014). Mr. Devlin is the secretary and treasurer of the Greater Detroit Building & Construction Trades Council. He had previously been the Business Manager of Sprinkler Fitters Local 704. Mr. Devlin also serves on the State of Michigan Mechanical Board of Rules, Red Cross Southeast Michigan Chapter, Blue-Cross Blue Shield, Greater Detroit Health Care Coalition and the Detroit Riverfront Conservancy. Mr. Devlin resides in Livonia.
CAROL A. WALTERS (Trustee since March 24, 2010; term expires August 21, 2017). Ms. Walters is president of Walters & Associates, Inc., a financial advisory firm that has assisted corporations, non-profits and governmental institutions in managing and organizing complex financial transactions since 1989. Her experience has included advising the State of Michigan on issuance of tax exempt securities, managing ratings for the sale of public debt and raising funds for major development projects. She has previously held posts for the State of Michigan as executive director of the Michigan Municipal Bond Authority, executive director of the Commerce Department's Economic & Community Development offices and director of federal-state relations for the Commerce and Labor Departments. She currently serves as President and Chairperson of the Women's Caring Program, an officer and member of the of the Cranbrook Institute of Science, and a board member of Inforum of Michigan, (formerly Detroit Women's Economic Club) and the Michigan Association of Counties Service Corporation.
KENNETH LINGENFELTER (Trustee since August 21, 2012; term expires August 21, 2016). Mr. Lingenfelter is owner of The Lingenfelter Collection and Metropolitan Motor Sports, and CEO of Lingenfelter Performance Engineering, a Brighton-based company which offers engine building and installation as well as development services. Previously, Mr. Lingenfelter owned Metropolitan Title Co., a business he began at age 23. Mr. Lingenfelter is former president of the Michigan Land and Title Association and the National Title Alliance, and served on the board of governors for the American Land Title Association.
DAVID A. TROTT (Trustee since August 30, 2011; term expires August 30, 2015). Mr. Trott is Chairman of Trott & Trott, P.C., recognized as one of the nation's largest law firms handling residential default procedures. He also serves as Chairman and CEO of NDeX, a division of The Dolan Company (NYSE:DM). NDeX provides technology and loss mitigation services to the mortgage industry. In addition, he is the Chairman and CEO of Attorneys Title Agency, one of the nation's largest title insurance agencies; and Chairman of Coldwell Banker Weir Manuel, one of Michigan's largest residential brokerage companies. From 2002 to 2004, Trott served as President of United States Foreclosure Network (USFN) and President of the Default Title Division at First American Financial (NYSE:FAF). He is a frequent speaker and author on mortgage servicing and default law. Trott graduated from the University of Michigan in 1981, after spending a semester at Oxford University, and is a 1985 graduate of Duke University's School of Law. He currently serves on the University of Michigan Advisory Board, On My Own Board, Detroit Country Day School Board of Trustees, The Community House Board, Karmanos Cancer Center Board, and Michigan Chamber of Commerce Board of Trustees (2011). He resides in Birmingham with his wife, two daughters and son.
STEPHEN R. D'ARCY (Trustee since October 28, 2013, term expires August 21, 2017). Mr. D'Arcy is a partner with Quantum Group LLC, an investment and consulting vehicle focusing on strategy, shareholder value and wealth maximization. Clients include organizations in the Automotive, Asset Management, Government, Not-For-Profit and Health Care Sectors. He is also an Audit Committee Director for both the Penske Corporation and Premier Inc. He previously spent a large part of his career as an audit partner with PricewaterhouseCoopers, was Chairman of the Detroit Medical Center and Director with Vanguard Health Systems. In addition to the State Building Authority Board, he currently serves on a number of community and professional boards including the Hudson Webber Foundation where he serves as Audit Committee Chair and Trustee, the Detroit Symphony Orchestra where he serves as Trustee, the Autism Alliance of Michigan where he serves as Chairman, and the Citizens Research Council of Michigan where he serves as Trustee. Mr. D'Arcy received a B.B.A. from the University of Michigan in 1976.
DEBORAH M. ROBERTS, Executive Director. Ms. Roberts has been employed with the State in various positions since 1987. She was appointed Deputy Executive Director of the Authority in 2002, and Executive Director in 2006. Ms. Roberts holds a Bachelor of Science in Business Administration degree from Central Michigan University and is a registered certified public accountant.