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News Release

Gun Lake Investments

Gun Lake Investments (GLI), an economic development corporation for the Gun Lake Tribe, on January 3 announced its interim CEO, Monica King, has been named full-time CEO, effective January 1, 2022.

King has served Gun Lake Investments in an advisory capacity for three years and became its interim CEO in July 2021. Prior to joining Gun Lake Investments, she served as CEO and managing partner of DWH LLC, a business advisory firm.

Gun Lake Investments is the tribally owned, non-gaming investment arm of the Gun Lake Tribe. Gun Lake Investments manages a portfolio of equity and debt investments in both real estate and operating companies with the philosophy of prioritizing and investing in people first.

“I’m happy that someone with Monica’s experience and proven track record has accepted the CEO position,” said John Shagonaby, chairman of the Gun Lake Investments Board of Directors. “Monica has already demonstrated she has the experience, character and leadership qualities we need as we continue to seek new investments to support the tribe’s long-term financial stability and success. We welcome her to her new permanent role with Gun Lake Investments.”

With more than 20 years of finance and operations experience at companies of varying size and scope, King brings with her expertise in managing acquisitions, integrations, and infrastructure development and implementation.

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“I am incredibly honored to continue to serve the Gun Lake Tribe in this capacity,” King said. “Although it was a difficult decision to leave DWH, I am beyond excited to work with such an amazing group of people and continue the mission of Gun Lake Investments. I sincerely appreciate the support everyone has shown so far, especially the way in which Tribal Council, the Gun Lake Investments Board, and Gun Lake Investments team came together through Gun Lake Investments’ leadership transition. This genuinely reflected strong core values and a culture that I feel very lucky to join.”

With King at the helm, Gun Lake Investments will soon embark on identifying and hiring additional senior leaders to guide the operations of the business and work alongside portfolio company leaders. Ben Borisch will remain involved at Gun Lake Investments as the interim COO as additional executive team members are identified.

“I am thrilled that Monica has accepted the responsibility of serving as Gun Lake Investments’s new CEO,” said Jason Palmer, vice chairman of the Gun Lake Investments Board of Directors. “Monica has worked as a consultant with Gun Lake Investments for the last several years and she has demonstrated the business acumen and leadership needed to drive the organization forward. Beyond her expertise, her personality demonstrates alignment with our mission of putting people first. The Gun Lake Investments Board is confident Monica is the right person for the right position at the right time.”

To learn more about Gun Lake Investments, visit www.gunlakeinvestments.com.

About Gun Lake Investments

Gun Lake Investments, or GLI, is a Grand Rapids, Michigan-based economic development corporation. Gun Lake Investments manages a diverse, non-gaming portfolio of equity and debt investments in both real estate and operating companies and is focused on building long-term relationships with partners that align with its core values prioritizing people, planet, and profits.

Gun Lake Investments is a wholly-owned subsidiary of the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians of Michigan, also known as the Gun Lake Tribe. Through Gun Lake Investments, the Gun Lake Tribe is focused on diversifying the Tribal economy beyond its gaming arm — ensuring its financial foundation for generations to come.

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