(AP) - State-appointed emergency manager Kevyn Orr has named a former Detroit-area restructuring executive as his deputy.
Orr's office says in a release that Stacy Fox was appointed to the post Friday.
Fox is the founder of the Detroit-based Roxbury Group, a real estate development company. She will oversee city operations, while also serving as Orr's chief of staff. Her responsibilities will include leading transition efforts with the new mayoral administration following next month's general election.
Fox has stepped down from her role at Roxbury. She will earn $175,000 annually, but receive no benefits as deputy emergency manager.
Orr was appointed over Detroit's finances in March. In July, he made Detroit the largest U.S. city to file for bankruptcy.
Tonight in the Daily Pulse we're wondering: Do you think Detroit is capable of a financial comeback? Yes or no? Why or why not?