Governor Rick Snyder has tapped Nick Khouri of Plymouth to become Michigan's new State Treasurer. Khouri will replace Kevin Clinton who is returning to the private sector in April.

In a news release, Snyder said Khouri's "expertise in tax policies and financial issues will be a great asset as we continue working to reinvent state government. His strong record of proven service in both the private and public sectors will be essential in this critical state role."

Khouri returns to state government after serving as Senior Vice President of Regulatory Affairs at DTE Energy. He also served as Vice President and Treasurer at DTE and vice president at Public Sector Consultants where he focused on economic development, public infrastructure and state and local tax policy. In the 90s, Khouri was the state's chief deputy treasurer and chief economist at the Senate Fiscal Agency. He has a bachelor's degree in economics from the University of Michigan and a master's degree in economics from Michigan State University.

Khouri's appointment is effective on April 20th however it is subject to the advice and consent of the state Senate. Clinton's last day will be April 17th. The pair will work together until then to ensure a smooth, seamless transition.