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Snyder makes reappointment to Investment Advisory Committee

LANSING, Mich. – Gov. Rick Snyder today announced the reappointment of James Nicholson, of Grosse Pointe Farms, to the Investment Advisory Committee.

The committee reviews investments, goals and objectives of the state's various retirement funds. It may submit recommendations to the state treasurer, or direct the state treasurer to dispose of or enter into investments.

“James has been a great asset to the committee and I am pleased that he will continue to serve,” Snyder said.

Nicholson is the president and chief executive officer of Detroit-based PVS Chemicals, Inc., which manufactures, distributes, and markets chemicals used in diverse industries around the world. Prior to joining PVS, he held positions with First National Bank of Chicago in London, England and Dublin, Ireland. Nicholson is chairman of the board of the Amerisure Companies and a member of the boards of the PrivateBancorp, Inc., Cooper Natural Resources and the American Chemistry Council. Nicholson holds a bachelor’s degree in economics from Stanford University, an MBA from the University of Chicago, and a master’s degree in economics from the London School of Economics.

Nicholson will serve a three-year term expiring Dec. 15, 2016, and his appointment is subject to the advice and consent of the Senate.