Meet AAPS’ new financial officer Marios Demetriou

demetriou-portrait-webJan. 15, 2014

By Tara Cavanaugh 

The Ann Arbor Public Schools welcomes Marios Demetriou, who was appointed the Assistant Superintendent for Finance and Operations at this evening’s Board of Education meeting.

Demetriou, who is filling the position most recently held by Robert Allen, begins his work with the district Feb. 1.

Demetriou has served as the Deputy Superintendent for Administrative Services for the Muskegon Area Intermediate School District since 2004. Before that he was the Chief Financial and Operating Officer for Flint Community Schools. He also worked as an Accounting and Treasury Manager at Eastern Michigan University.

Demetriou’s resume includes impressive accolades, such as being named the 2013 Michigan School Business Official of the Year and earning the 2013 Eagle Award from the Association of School Business Officials, which was the first national Eagle Award given to a Michigan business official. A Certified Public Accountant, Demetriou has also developed reports that are used statewide to improve understanding of district and state-level financial data.

“We are so pleased that Mr. Demetriou has agreed to come to Ann Arbor,” said AAPS Superintendent Dr. Jeanice Swift. “His extensive knowledge of school finance, his years of experience and his leadership at the state level to advocate for school finance reform makes him a perfect fit for our district.

“I look forward to his arrival and anticipate he will immediately make a positive impact on our district with his exceptional financial management skills, his leadership of the internal audit process, experience with transportation consortiums as well as his thorough understanding and involvement at the state level of school finance.”

Demetriou is originally from Cyprus, and he spent his first 16 years in the U.S. in the Ann Arbor area. He has a Bachelor’s in Business Administration and Master’s degree in Accounting from Eastern Michigan University. His son and daughter attend EMU and the University of Michigan, respectively.

“I love the City of Ann Arbor,” Demetriou said. “I am looking forward to coming back and to working with Dr. Swift, the other administrators and the BOE to accomplish the financial goals of the district.”

As part of his responsibilities, Demetriou will oversee the internal audit that is reviewing the business practices in the AAPS finance and operations departments. He will also serve on the Superintendent’s Leadership Team and as the Chief Financial Officer for the district, reporting directly to Dr. Swift. He will provide guidance and leadership for all non-instructional services, including the business and finance departments, physical properties, capital planning, management of bond and sinking fund projects, transportation and food services.

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