Detroit Deputy Emergency Manager Stacy Fox hired as DuPont general counsel, will leave position Oct. 1
Just under a year after being named Detroit’s deputy emergency manager, Stacy Fox will step down from her position Oct. 1 to take a job with chemical giant DuPont.
Fox, who couldn’t be immediately reached for comment, was appointed as Detroit Emergency Manager Kevyn Orr’s deputy last October. She was announced as DuPont’s new senior vice president and general counsel Tuesday.
“Stacy comes to use as a proven leader with exceptional experience as a lawyer and business executive,” Ellen Kullman, DuPont chair and chief executive officer, said in a statement Tuesday. “She will play an important role in supporting DuPont’s growth, and I am pleased to welcome her to the company.”
Fox, 60, co-founded Detroit-based real estate firm Roxbury Group and served on the board of a nonprofit linked to the highly publicized exit of former Detroit Metro Airport CEO Turkia Mullin. She left her position at Roxbury and the Detroit-based law firm Foley & Lardner before taking the job with the city. Under her contract as deputy EM, Fox made $175,000 a year with no health care or retirement benefits. She also serves on the executive committee of the Downtown Detroit Partnership.
Bill Nowling, spokesman for the emergency manager, confirmed the move Thursday, saying Fox’s duties with the city will remain the same until she steps down.
“She will continue in them until she leaves for her new position on Oct. 1,” Nowling said in an email.
Fox’s announcement comes as Orr’s projected last day as Detroit’s state-appointed emergency manager has received considerable attention in recent weeks. Initially, Gov. Rick Snyder indicated Orr would step down as emergency manager Oct. 1, but Orr said this week he may stick around longer if Detroit’s municipal bankruptcy lasts beyond that date.
Fox was involved “to a certain extent” with negotiations for a new Joe Louis Arena lease between the city and Olympia Development of Michigan, Nowling said.
“That was mostly done before she arrived,” Nowling said. “But she was involved to a certain extent.”