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Carlyle Secured Lending, Inc. Promotes Taylor Boswell to President, and Announces Mr. Boswell’s Election to the Board of Directors

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Carlyle Secured Lending, Inc has announced a leadership change, with Taylor Boswell stepping up as President and joining the Board of Directors, having previously served as Chief Investment Officer since 2019. Linda Pace will remain as CEO and Chair of the Board. The company also appointed three vice presidents: Michael Hadley, Jonathan Pearl, and Alex Popov as officers. Boswell emphasized commitment to sustainable income for shareholders amidst changing market dynamics.

Positive
  • Appointment of Taylor Boswell as President is expected to bring strong leadership.
  • Three senior professionals added to the leadership team may enhance operational effectiveness.
Negative
  • Leadership transition could create uncertainty regarding strategic continuity.

Three Additional Senior Professionals Named as Officers of the Company

NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc (“Carlyle Secured Lending” or “the Company”) today announced that Taylor Boswell, Carlyle Secured Lending Chief Investment Officer, will assume the role of President of the Company and will join the Company’s Board of Directors.

“Taylor has been integral to the Company’s success since he assumed the role of Chief Investment Officer in 2019,” said Linda Pace, Chief Executive Officer. “This new role is in recognition of his outstanding leadership across all aspects of our Company’s operation. All of us at Carlyle congratulate him on this achievement and look forward to his continued success and contributions.” Ms. Pace will step down as President of the Company but continue as the Company’s Chief Executive Officer and Chair of the Board of Directors, positions she has held since December 31st, 2019.

Mr. Boswell said, “It’s a great privilege for me, and the rest of our team here at Carlyle, to be able to do this engaging work on behalf of our shareholders. We remain committed to our principal investment objective: the delivery of sustainable income. We will continue to work tirelessly to meet that objective across dynamic markets and through cycles.”

In addition, the Company has elected three senior professionals to serve as Officers of the Company. Michael Hadley, Vice President and Head of Underwriting, Jonathan Pearl, Vice President and Head of Sponsor Coverage, and Alex Popov, Vice President and Head of Illiquid Credit have joined the Company’s roster of officers.

About Taylor Boswell

Taylor Boswell is a Partner and Managing Director within Carlyle’s Global Credit segment. He joined Carlyle in 2017 and today serves as Chief Investment Officer of Carlyle Direct Lending, with responsibility for all aspects of that business’s investment activities.

Prior to joining Carlyle, Mr. Boswell was employed by Apollo Global Management from 2013 to 2017. At Apollo, Mr. Boswell served as a Managing Director and Investment Committee Member in the Illiquid Opportunistic Credit Business. Before joining Apollo in 2013, Mr. Boswell was a Director at Perella Weinberg Partners, where he spent seven years focused on corporate investing, as well as helping to grow that firm's investment management business. Earlier in his career, Mr. Boswell served as an associate at Providence Equity Partners as well as an investment banking analyst at Deutsche Bank.

Mr. Boswell is based in New York and received a BA in political-economy from Princeton University.

About Carlyle Secured Lending, Inc. Carlyle Secured Lending, Inc is publicly traded (NASDAQ: CGBD) business development company (“BDC”) which began investing in 2013. The Company focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies primarily located in the United States. Carlyle Secured Lending is externally managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and wholly owned subsidiary of Carlyle.

Web: carlylesecuredlending.com

About Carlyle   

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $301 billion of assets under management as of December 31, 2021, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs nearly 1,850 people in 26 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.

Contacts:

Investors:Media:
Tom HenniganKristen Greco
+1-212-813-4900+1-212-813-4763
publicinvestor@carlylesecuredlending.comkristen.greco@carlyle.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may,” “plans,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions, although not all forward-looking statements include these words. You should read all forward-looking statements carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. You should not place undue reliance on any forward-looking statements, which speak only as of the date on which we make it. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements,” or similarly titled sections, in filings we make with the Securities and Exchange Commission, and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.


FAQ

What are the recent management changes at Carlyle Secured Lending, Inc (CGBD)?

Carlyle Secured Lending appointed Taylor Boswell as President and added three new vice presidents.

Who is the new President of Carlyle Secured Lending (CGBD)?

Taylor Boswell has been named the new President of Carlyle Secured Lending.

What is the impact of the leadership change on Carlyle Secured Lending (CGBD)?

The leadership change aims to strengthen the company's commitment to delivering sustainable income to shareholders.

Who are the new vice presidents at Carlyle Secured Lending (CGBD)?

Michael Hadley, Jonathan Pearl, and Alex Popov have been appointed as new vice presidents.

Carlyle Secured Lending, Inc.

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