TORONTO, ONTARIO--(Marketwired - Dec 17, 2014) - Tuckamore Capital Management Inc. (TSX:TX)(TSX:TX.DB.B) ("Tuckamore Capital" or the "Company") is pleased to announce the appointment of Adrian Montgomery to the position of President, effective December 17, 2014. Dean MacDonald, the current President and Chief Executive Officer will continue in the position of Chief Executive Officer and Director of the Company.

"Adrian has long been a key component of our executive management team," commented Mr. MacDonald, "and we are all excited to see him step into this expanded leadership role with the Company."

Mr. Montgomery joined Tuckamore Capital in January of 2010 and currently serves as Chief Investment Officer of the Company.

About Tuckamore Capital:

Tuckamore Capital has investments in 7 businesses representing a diverse cross-section of the Canadian economy.