Duchossois creates DUCHOSSOIS CAPITAL MANAGEMENT; Michael Flannery named President

ELMHURST, Ill., Dec. 10, 2013 /PRNewswire/ -- Craig J. Duchossois, Chief Executive Officer, The Duchossois Group, Inc., announced the creation of DUCHOSSOIS CAPITAL MANAGEMENT (www.dcmllc.com), representing a more formal structure and dedication to its investment strategy. Michael E. Flannery, who currently serves as Chief Financial Officer of The Duchossois Group, will lead Duchossois Capital Management as its President. Flannery has been with the Duchossois family for over 25 years, where he previously served as Assistant General Counsel, General Counsel and Chief Administrative Officer.

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The new entity will assume responsibility for all current investments as well as seeking new opportunities to deploy capital in a wide array of investment areas including publicly traded securities, real estate, leasing and private equity.  "Duchossois Capital Management will provide additional diversification for our family and will complement the operating businesses held by The Duchossois Group, thus creating a more balanced approach between operations and investments. Mike has a unique blend of skills that match up well with our objectives for the new investment business," said Duchossois.

Duchossois Capital Management will seek to leverage the entrepreneurial spirit and operational excellence that have been at the core of the family's ownership of a variety of businesses over the years. According to Flannery, "We believe we can use our experiences and resources to make us a better investor and partner." 

In addition to serving on various Duchossois Boards, Mike also serves on the Boards of Maritz, Inc., the Field Museum and the Indiana University Maurer School of Law.

About The Duchossois Group
The Duchossois Group, Inc. (TDG) is a privately held enterprise comprised of companies with leading brands in the residential security, lighting and convenience products markets and the commercial control, automation and digital media markets. TDG's companies have over 6,000 employees worldwide with operations located in over 30 countries. For more information please visit www.duch.com.

SOURCE The Duchossois Group, Inc.