Michigan CLASS Board of Trustees

Investments made on behalf of the Participants are subject to the overall direction of the program’s Board of Trustees which consists of up to 13 Trustees serving on behalf of the Participants for staggered terms. The Board of Trustees approves the program’s investment parameters which must fall within the investment stipulations mandated under Michigan statute for the investment of surplus funds of the Participants. The Board of Trustees has entered into an investment advisory agreement with Public Trust Advisors, LLC, whose responsibilities include all program investment and administrative activities and services provided on behalf of the Participants.

Edward Sell currently serves as the Assistant City Manager/Finance Director for the City of Monroe. He previously held positions with Page Olson & Company and Montcalm County. He is a Certified Public Accountant and an Advanced Certified Public Funds Investment Manager. Edward earned both a Bachelor of Business Administration in Accounting and a Master of Business Administration in Finance from Central Michigan University. He is a Certified Public Accountant.

Edward is a Past President of the Michigan Government Finance Officers Association and is a member of both the Michigan Association of Certified Public Accountants and the Government Finance Officers Association. He is the current Treasurer of the Monroe County Opportunity Program Board of Directors. In 2017, Edward assumed the role of Chairman for the Michigan CLASS Board of Trustees where he has been an active member since 2006.

Edward is the Chief Financial Officer for the City of Manistee and has been with this City since 2002. He serves as both Finance Director and Treasurer for the City as well as leading the Administrative Services Department, overseeing finance, treasury, IT, facilities, and assessing. Prior to this, he was the Director of Information Technology/Financial Analyst for six years for Graceland Fruit, Inc., a large dried fruit manufacturer in Northern Michigan. He additionally worked for several years in the commodity markets and mutual fund industry in Chicago.  

Ed received a Bachelor in Financial Administration from Michigan State University and a Master of Business Administration from the University of Oregon. He holds the professional designations of Certified Public Finance Administrator, Certified Public Funds Investment Manager, and Michigan Certified Professional Treasurer. He served as Director of the Michigan Government Finance Officers Association from 2013 to 2015 and has served as Director and Officer on several other non-profit and for-profit Boards.

Jeff currently serves as the Utility Director for the Coldwater Board of Public Utilities. Previously, he held the position of City Manager for the City of Coldwater. He began his career in finance with a Certified Public Accounting firm where he spent eight years before accepting a position with the City in 1999 as the Finance Director/Treasurer. He was promoted to oversee the financial operations for the Coldwater Board of Public Utilities in addition to the City. Jeff earned a Bachelor of Business Administration in Accounting from Western Michigan University. He is a certified public accountant.

Jeff is a current member and past president of the Michigan Governmental Finance Officers’ Association and former member of the Michigan Local Government Management Association and the Michigan Municipal Treasurers’ Association. He is involved with many boards and committees within his community and volunteers as a coach for organized youth athletics. Jeff joined the Michigan CLASS Board of Trustees in 2001 and served as Chairman from 2011-2017.

Karen is currently serving in her third consecutive term as the Treasurer for Jackson County. She previously held the position of Chief Deputy Treasurer and also served within the 12th Judicial District Court. Karen earned her Bachelor of Arts from Central Michigan University and a Master of Public Administration from Western Michigan University. She is a Michigan Certified Professional Treasurer.

Karen is an active member on a number of boards including the Michigan Association of County Treasurers, where she serves as President, and the Michigan Women in Finance Board, where she previously served as Board Director. She was awarded the Chancellor’s Certificate in Public Administration in July of 2017 and serves as State Director for the National Association of County Collectors, Treasurers and Finance Officers. Karen joined the Michigan CLASS Board of Trustees in 2017 and currently serves as the Board Secretary.

Kelly currently serves as Director of Business and Finance for St. Johns Public Schools. She is responsible for the leadership and administration of the district’s administrative services including finance, human resources, and facilities. Previously Kelly held the positions of Financial Services Consultant for Ingham Intermediate School District and Associate Superintendent for Administrative Services for Eaton Intermediate School District. Kelly earned a Bachelor of Business Administration in Accountancy from Western Michigan University as well as a Master of Arts in Educational Leadership from Central Michigan University. She is a Certified Public Accountant.

Kelly is an active member of the Central Michigan School Business Officials, where she served as President for two years, and the Michigan School Business Officials. She served as Chairperson of the Michigan CLASS Board of Trustees from 2004-2011 and re-joined the Board in 2015 where she currently serves as Vice Chairperson.

Susan Daugherty currently serves as the Treasurer for Green Oak Charter Township, as position she was elected to in 2004. Prior to being elected, she owned her own accounting and tax firm. She serves on many committees for the township including the utility services committee and coordinates all the utility billing and maintenance as the utility administrator. Susan received her Bachelor of Business Administration from John Carroll University. She is a Certified Plan Fiduciary Advisor, a Certified Public Funds Investment Manager, and a Michigan Certified Professional Treasurer.

Susan is an active member of the Michigan Municipal Treasurers Association and the Michigan Government Finance Officers Association. Susan was elected to the Michigan Municipal Treasurers Association board in 2013 and is currently serving as the Secretary. She has served on the Michigan CLASS Board of Trustees since 2016.

Bruce currently serves as the Assistant Treasurer for the Charter Township of Canton, where he has been employed since November of 2002. He oversees collection and distribution of property taxes; is responsible for more than 30,000 parcels with collections of approximately $180 million, and manages Canton’s $80 million investment portfolio. Prior to his role with Canton, he served as the Deputy Treasurer for the Charter Township of Van Buren and as Assistant Treasurer for the City of Saline. Bruce earned a Bachelor of Business Administration from Eastern Michigan University. He is a Certified Plan Fiduciary Advisor.

Bruce has served on the Michigan Municipal Treasurers Association for many years including serving as President in 2005. He is also active in the Wayne County Treasurers Association, where he served as President in 2007. He has been a member of the Michigan CLASS Board of Trustees since 2007.

Catherine currently serves as the Treasurer for Washtenaw County where she manages an investment portfolio of $175 million and oversees receipts, deposits, and accounts that exceed a billion dollars each year. Prior to serving as County Treasurer, she worked in the private sector as an investment banker and was an elected Washtenaw County Commissioner. Catherine has long-term expertise in safeguarding public funds.

Catherine initiated a model investment program for Washtenaw County Parks, investing some parks funds for the long term in environmentally sustainable stocks specifically for future maintenance and protection of natural areas. As part of her job collecting delinquent taxes, she established a successful foreclosure prevention program and provided state-wide leadership in promoting foreclosure prevention. In the wake of the COVID-19 pandemic, Catherine made safety the highest priority and implemented a variety of remote services for customers. She has been a member of the Michigan CLASS Board of Trustees since 2020.

Julie has been the Chief Financial Officer for Owosso Public Schools for the past sixteen years where, through collaborative teamwork, she has been able to maintain the financial integrity of the district through challenging financial times with the primary goal of maximization of opportunities for students. Prior to her work with Owosso, Julie was a Director at Memorial Healthcare in the accounting/finance areas. She earned a Bachelor of Business Administration in Accounting from Western Michigan University graduating Magna Cum Laude and a Master in Business Administration in Finance from Michigan State University.

Julie has served on the Central Michigan School Business Officials Executive Board for six years and currently holds the position of President. She is also a Board Member of the Michigan School Business Officials and a member of the Michigan Women in Finance. She enjoys being an integral member of her community, particularly through her volunteer work with the Child Advocacy Center. Julie has been a member of the Michigan CLASS Board since 2012, promoting quality investment choices for Michigan governmental entities.

Eric currently serves as the Treasurer for Wayne County, Michigan’s largest county, and has held this position since 2016. In this role, he manages over $1 billion in county funds each year. From 2011 to 2016, he served as the Deputy and the Chief Deputy Treasurer. Prior to that, he served as Chief Assistant Corporate Counsel for Wayne County and in several roles including Director of Planning and Development for the City of Detroit. He is licensed to practice law in the state of Michigan and a Certified Public Funds Investment Manager.

Eric received a Bachelor of Science in Building Construction Management from Michigan State University and a Juris Doctorate from the Detroit College of Law. He is a past club President and current Vice President for the Foundation Board of the Kiwanis Club No. 1 Detroit and has been very active with the organization for nearly thirty years. Eric is also a Board Member of The Family, a youth basketball organization. He has been a member of the Michigan CLASS Board of Trustees since 2020.

Joseph Snyder serves as the CFO for the City of Rochester Hills where he supervises the budget, purchasing, accounting, and treasury divisions for the City.  As CFO, he oversees an annual city budget of $130 million and $160 million of city funds under management, determining investment selection, portfolio monitoring, and quarterly investment report preparation. Joseph also acts as Trustee of the City Employees’ Defined Contribution (DC) Retirement Plans. Joseph earned both a Bachelor of Arts in Business and Finance and a Master of Business Administration in Accounting and Operations Management from Oakland University.

Joseph serves on various city committees dealing with issues such as public safety and infrastructure, water/sewer rate setting, and City Council strategic goal setting. He has been a member of the Michigan CLASS Board of Trustees since 2017 and currently serves as the Board Treasurer.

Scott currently serves as the Manager of Accounting and Finance for the Lansing Board of Water and Light and has held this position for the past four years. He is responsible for the management and oversight of all operating and pension fund investments. Scott earned both a Bachelor of Science in Business Administration with a focus on Accounting and a Master of Business Administration in Finance from Central Michigan University.

Scott is a Certified Public Accountant as well as a Certified Treasury Professional. He is a member of the Michigan Association of Certified Public Accountants. Scott has served on the Michigan CLASS Board of Trustees since 2012.

Teri currently serves as Treasurer for the West Bloomfield Township, a position she has held since 2008. In this role, she purchases certificates of deposits, invests with Michigan CLASS and the Oakland County local government investment pool, and directs Insight investment for investing medium to long-term investment dollars. Teri also issues township payments (check/ACH/wire), pays bond and agent fees, oversees all payments to the township, and monitors all letters of credit. Prior to joining the West Bloomfield Township, Teri worked in the private sector in consulting, finance, marketing and customer service roles.

Teri received a dual Bachelor of Science in Organizational Psychology and International Relations from the University of Michigan and a Master of Industrial Relations from Wayne State University. She is a Certified Professional Treasurer and an Advanced Certified Public Funds Investment Manager. Teri currently serves as both the President and Interim Treasurer for the Women’s Interfaith Solutions for Dialogue and Outreach in Metro Detroit and as the Chair for the Township Pension Board. She has been a member of the Michigan CLASS Board of Trustees since 2020.