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Snyder makes appointment, reappointment to State Building Authority

LANSING, Mich. – Gov. Rick Snyder today announced the appointment or Stephen D’Arcy, of Grosse Pointe Woods, and the reappointment of Carol Walters, of Milford, to the Michigan Building Authority Board of Trustees.

The five-person board oversees the authority, which issues and sells bonds and notes to acquire equipment and construct facilities.

“This board serves an important function and I am confident that Stephen and Carol are the right people for these positions,” Snyder said.

D’Arcy is a partner with the Quantum Group. He previously served as chairman of the Detroit Medical Center and global automotive leader at PriceWaterhouseCoopers. D’Arcy has a bachelor’s degree in business administration from the University of Michigan. He replaces Ehrlich Crain.

Walters is president of Walters & Associates, Inc. She previously served 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. Walters holds a bachelor’s degree in social work and a master’s degree in labor and industrial relations, both from Michigan State University.

The appointments are for four-year terms expiring Aug. 21, 2017, and are subject to the advice and consent of the state Senate.