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Statement from Detroit Regional Chamber CEO on Announcement by Governor on Plan to Help Protect Detroit Pensioners and DIA

DETROIT, January 22, 2014: Today, Detroit Regional Chamber President and CEO Sandy K. Baruah issued the following statement on the announcement by Governor Rick Snyder of a proposed plan to help protect Detroit pensioners and the Detroit Institute of Arts collection throughout the ongoing bankruptcy proceedings.

From Day One, Governor Snyder has understood that Detroit is critical to Michigan’s re-invention. He has invested tremendous time, energy and political capital in working to put the city on the path to a brighter future. While full details are yet to be ironed out, the Detroit Regional Chamber is encouraged that the Governor and legislative leaders have worked in a bipartisan fashion and taken the first steps to better protect workers’ pensions and the region’s assets at the DIA throughout the difficult bankruptcy process.

About the Detroit Regional Chamber

Serving the business community for more than 100 years, the Detroit Regional Chamber is one of the oldest, largest and most respected chambers of commerce in the country. The Chamber’s mission of powering the economy for Southeast Michigan is carried out through economic development, education reform, regional collaboration and providing valuable benefits to members. For more information, please visit detroitchamber.com.

 

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