Troy Clay Steps Down as CEO at Pokagon Band’s Mno-Bmadsen

Following a decade at the helm of the non-gaming investment arm of the Pokagon Band of Potawatomi Indians, Chief Executive Officer Troland “Troy” Clay has resigned from the company, with his last day with the team slated for next Monday January 18, 2021.

Clay says, “It has been an honor to lead Mno-Bmadsen as its founding CEO for the last 10 years,” and adds, “Our core values of making the company a problem-solving, opportunity-seizing, and reputable investment vehicle that builds the generational wealth of the tribe for future citizens has led us on the path toward success.”

Clay was one of the founding board members of Mno-Bmadsen in 2012 and was shortly thereafter recruited to assume leadership of the independent instrumentality. Since then, Mno-Bmadsen, which is derived from the Pokagon phrase “the good path,” has grown its investment portfolio to include more than 300 employees within the family of companies, more than $140 million in combined annual revenues, and a growing federal contracting operation.

Chief Financial Officer Julio Martinez says, “Troy used his pioneering vision and leadership skills to turn an idea from a decade ago into a diversified portfolio of investment holdings,” and adds, “Troy leaves Mno-Bmadsen as a strong and stable platform that is well-positioned for future growth.”

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Martinez, who has worked side-by-side with Clay in developing the company’s strategy as well as sourcing deals and executing acquisitions for the last five years, will assume leadership of Mno-Bmadsen as the acting CEO.

Linda Cook, Chair of the Board of Directors, says, “While we embark on this transition, Mno-Bmadsen’s path remains clear and rests with our Seven Grandfather Teachings of Wisdom, Love, Respect, Bravery, Honesty, Humility, and Truth,” and concludes, “Mno-Bmadsen’s solid foundation has been set forth by Troy Clay’s strong leadership.”

With Clay’s departure, Mno-Bmadsen’s long-term strategy to buy, hold, and grow its family of companies remains on course. The vehicle’s investment pipeline is robust and plans for future acquisitions and streamlining operations will proceed accordingly.

Mno-Bmadsen is the non-gaming investment arm of the Pokagon Band of Potawatomi Indians. The independently managed instrumentality was launched in 2012 with the mandate to diversify the Tribe’s business interests, revenue streams, and wealth for future generations. Headquartered in Dowagiac, Mno-Bmadsen’s key strategic investment goals are to buy, hold and grow its portfolios, which currently are Services, Manufacturing, and Real Estate.  To learn more, you can visit