Treasurer Nick A. KhouriNick A. Khouri was appointed as Michigan's 46th State Treasurer by Governor Rick Snyder in April of 2015.
The Michigan Department of Treasury is responsible for collecting, disbursing, and investing all state monies. The Department advises the Governor on all tax and revenue policy, collects and administers over $20 billion a year in state taxes, and safeguards the credit of the state. The Department is also responsible for the fiscal health of Michigan’s local governments and schools. In addition, the Treasurer invests over $65 billion of the State and school employees retirement funds.
Mr. Khouri was previously Senior Vice President of Corporate Affairs at DTE Energy in Detroit, where he oversaw governmental and regulatory relations, community affairs and communications.
Khouri also served as Vice President and Treasurer at DTE and was Vice President of Public Sector Consultants, where he focused on economic development, public infrastructure, and state and local tax policy.
In the 1990s, Khouri was Michigan’s Chief Deputy State Treasurer after having served as Chief Economist with the Senate Fiscal Agency, and as an analyst with the Congressional Budget Office.
Khouri earned a bachelor’s degree in economics from University of Michigan and a master’s degree in economics from Michigan State University.