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The festival will be exiting Douglass Park after a 10-year run that has been plagued by controversy in recent years.
Patchin will succeed Jim Garrett, who will retire after serving as president and CEO of the bureau since 1996.
Jurors found Hunter Biden guilty of lying to a federally licensed gun dealer, making a false claim on the application by saying he was not a drug user and illegally having the gun for 11 days.
Fresh from a spectacular closing-night set at the Chicago Blues Festival on Sunday, Guy is heading to the racing weekend event as part of a star-packed music lineup.