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OFS Credit Company Announces Appointment Of Kyle Spina As Chief Financial Officer And Treasurer

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OFS Credit Company (NASDAQ: OCCI) has announced the appointment of Kyle Spina as Chief Financial Officer and Treasurer, effective March 31, 2025. Spina, who has served as Chief Accounting Officer since April 2023, will succeed Jeff Cerny, who is retiring from his CFO position but will remain on the Board of Directors.

Spina brings over 15 years of experience in public and private accounting. He joined OFS Capital Management in April 2021 as Vice President and Controller of Fund Accounting and Reporting. His previous roles include Assistant Controller at Thoma Bravo, LP and Controller at Fidus Investment He began his career in public accounting at BDO as an Audit Manager.

The incoming CFO holds a Bachelor of Science degree in Accounting and Management from Purdue University and has been a Certified Public Accountant since 2010. The company, which primarily invests in CLO equity and debt securities, emphasized Spina's deep understanding of the company and industry.

OFS Credit Company (NASDAQ: OCCI) ha annunciato la nomina di Kyle Spina come Direttore Finanziario e Tesoriere, a partire dal 31 marzo 2025. Spina, che ha ricoperto il ruolo di Chief Accounting Officer da aprile 2023, succederà a Jeff Cerny, che si ritira dalla sua posizione di CFO ma rimarrà nel Consiglio di Amministrazione.

Spina porta con sé oltre 15 anni di esperienza nella contabilità pubblica e privata. È entrato a far parte di OFS Capital Management nell'aprile 2021 come Vice Presidente e Controller della Contabilità Fondi e Reporting. I suoi ruoli precedenti includono quello di Assistant Controller presso Thoma Bravo, LP e Controller presso Fidus Investment. Ha iniziato la sua carriera nella contabilità pubblica presso BDO come Audit Manager.

Il nuovo CFO possiede una laurea in Scienze in Contabilità e Management presso la Purdue University ed è un Revisore Contabile Certificato dal 2010. L'azienda, che investe principalmente in titoli CLO azionari e di debito, ha enfatizzato la profonda comprensione di Spina riguardo l'azienda e il settore.

OFS Credit Company (NASDAQ: OCCI) ha anunciado el nombramiento de Kyle Spina como Director Financiero y Tesorero, a partir del 31 de marzo de 2025. Spina, que ha ocupado el cargo de Chief Accounting Officer desde abril de 2023, sucederá a Jeff Cerny, quien se jubila de su puesto de CFO pero permanecerá en la Junta Directiva.

Spina aporta más de 15 años de experiencia en contabilidad pública y privada. Se unió a OFS Capital Management en abril de 2021 como Vicepresidente y Controlador de Contabilidad y Reporte de Fondos. Sus roles anteriores incluyen Assistant Controller en Thoma Bravo, LP y Controller en Fidus Investment. Comenzó su carrera en contabilidad pública en BDO como Gerente de Auditoría.

El nuevo CFO posee una licenciatura en Ciencias en Contabilidad y Gestión de la Universidad de Purdue y ha sido Contador Público Certificado desde 2010. La empresa, que invierte principalmente en acciones y valores de deuda CLO, enfatizó la profunda comprensión de Spina sobre la empresa y la industria.

OFS Credit Company (NASDAQ: OCCI)Kyle Spina를 2025년 3월 31일부터 최고 재무 책임자(CFO)와 재무 담당 이사로 임명한다고 발표했습니다. Spina는 2023년 4월부터 최고 회계 책임자로 재직했으며, Jeff Cerny의 후임으로 임명됩니다. Cerny는 CFO 직에 은퇴하지만 이사회에 계속 잔류할 것입니다.

Spina는 공공 및 민간 회계에서 15년 이상의 경험을 보유하고 있습니다. 그는 2021년 4월에 OFS Capital Management에 부사장 및 기금 회계 및 보고의 관리자 역할로 합류했습니다. 이전 직위로는 Thoma Bravo, LP의 차장과 Fidus Investment의 회계 담당자가 포함됩니다. 그는 BDO에서 감사 관리자로 공공 회계 경력을 시작했습니다.

신임 CFO는 Purdue University에서 회계 및 관리학으로 이학사 학위를 보유하고 있으며 2010년부터 공인회계사로 활동하고 있습니다. CLO 주식 및 채무 증권에 주로 투자하는 이 회사는 Spina의 회사 및 산업에 대한 깊은 이해를 강조했습니다.

OFS Credit Company (NASDAQ: OCCI) a annoncé la nomination de Kyle Spina au poste de Directeur Financier et Trésorier, à compter du 31 mars 2025. Spina, qui a occupé le poste de Chief Accounting Officer depuis avril 2023, succédera à Jeff Cerny, qui prend sa retraite de son poste de CFO mais restera au conseil d'administration.

Spina apporte plus de 15 ans d'expérience en comptabilité publique et privée. Il a rejoint OFS Capital Management en avril 2021 en tant que Vice-Président et Contrôleur de la comptabilité et des rapports des fonds. Ses précédents rôles incluent Assistant Controller chez Thoma Bravo, LP et Controller chez Fidus Investment. Il a commencé sa carrière en comptabilité publique chez BDO en tant que Responsable d'Audit.

Le nouveau CFO possède un Bachelor of Science en Comptabilité et Management de l'Université de Purdue et est un Expert-Comptable Certifié depuis 2010. L'entreprise, qui investit principalement dans des actions et des titres de dette CLO, a souligné la compréhension approfondie de Spina concernant l'entreprise et le secteur.

OFS Credit Company (NASDAQ: OCCI) hat die Ernennung von Kyle Spina zum Chief Financial Officer und Schatzmeister mit Wirkung zum 31. März 2025 bekannt gegeben. Spina, der seit April 2023 als Chief Accounting Officer fungiert, wird Jeff Cerny nachfolgen, der aus seiner CFO-Position zurücktritt, aber im Vorstand bleibt.

Spina bringt mehr als 15 Jahre Erfahrung in der öffentlichen und privaten Buchhaltung mit. Er trat im April 2021 OFS Capital Management als Vizepräsident und Controller der Fondsbuchhaltung und -berichterstattung bei. Zu seinen früheren Positionen gehören Assistant Controller bei Thoma Bravo, LP und Controller bei Fidus Investment. Seine Karriere begann er in der öffentlichen Buchhaltung bei BDO als Audit Manager.

Der neue CFO hält einen Bachelor of Science in Accounting und Management von der Purdue University und ist seit 2010 ein Certified Public Accountant. Das Unternehmen, das hauptsächlich in CLO-Aktien und -Schuldtitel investiert, betonte Spinas tiefes Verständnis des Unternehmens und der Branche.

Positive
  • Smooth leadership transition with outgoing CFO remaining on Board of Directors
  • New CFO brings 15 years of relevant accounting and financial experience
  • Internal promotion ensures continuity and institutional knowledge
Negative
  • None.

Jeff Cerny Will Continue to Serve on the Board of Directors

CHICAGO--(BUSINESS WIRE)-- OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit” or the “Company”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, announced today the appointment of Kyle Spina as Chief Financial Officer, effective March 31, 2025. Jeff Cerny announced his retirement from his role as Chief Financial Officer and Treasurer, but will continue in his role as a member of the Board of Directors of OFS Credit, and will work closely with Mr. Spina to ensure a smooth transition.

Mr. Spina has more than 15 years of experience in public and private accounting and has served as Chief Accounting Officer of OFS Credit since April 2023, a role in which he oversaw all accounting and financial reporting processes for the Company.

“As Chief Accounting Officer, Kyle has worked closely with Jeff and the Board, and we are excited to welcome him into this new role as CFO. Kyle has a deep understanding of our company and the industry, and we look forward to his contributions,” said Bilal Rashid, Chairman of the Board, President and Chief Executive Officer of OFS Credit. “On behalf of the Board and all of our colleagues at OFS, I want to thank Jeff for his leadership and dedication in his role as Chief Financial Officer since OFS Credit’s inception. We look forward to his continued guidance on the Board.”

Mr. Spina joined OFS Capital Management, LLC in April 2021 as Vice President and Controller of Fund Accounting and Reporting. Prior to joining OFS, he held multiple controllership roles, serving as Assistant Controller of Credit Funds for Thoma Bravo, LP and Controller and Accounting Manager for Fidus Investment Corporation (NASDAQ: FDUS) and affiliates. Mr. Spina began his career in public accounting, including serving as an Audit Manager at BDO, focusing on audits of public companies. Mr. Spina graduated from Purdue University with a Bachelor of Science degree in Accounting and Management and has been an active Certified Public Accountant since 2010.

About OFS Credit Company, Inc.

OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in Chicago with additional offices in New York and Los Angeles.

Forward-Looking Statements

Statements in this press release may constitute “forward-looking statements” regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including statements relating to Mr. Spina’s contributions and other factors may constitute forward-looking statements for purposes of the safe harbor protection under applicable securities laws. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

1 Registration does not imply a certain level of skill or training.

OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.

OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.

INVESTOR RELATIONS:

Steve Altebrando

847-734-2085

investorrelations@ofscreditcompany.com

MEDIA RELATIONS:

Bill Mendel

212-397-1030

bill@mendelcommunications.com

Source: OFS Credit Company, Inc.

FAQ

When will Kyle Spina become CFO of OFS Credit Company (OCCI)?

Kyle Spina will become CFO of OFS Credit Company (OCCI) effective March 31, 2025.

What is Kyle Spina's current role at OFS Credit Company (OCCI)?

Kyle Spina currently serves as Chief Accounting Officer of OFS Credit Company, a position he has held since April 2023.

What happens to Jeff Cerny after stepping down as OCCI's CFO?

Jeff Cerny will retire from his role as CFO and Treasurer but will continue to serve as a member of the Board of Directors of OFS Credit Company.

What is Kyle Spina's professional background before joining OCCI?

Before joining OFS, Spina held controllership roles at Thoma Bravo, LP and Fidus Investment , and served as an Audit Manager at BDO focusing on public company audits.

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