Gladstone Investment Announces Retirement of Chief Operating Officer Terry Lee Brubaker
Gladstone Investment (GAIN) announced the retirement of Terry Lee Brubaker as Chief Operating Officer, effective December 2, 2024. Brubaker will also step down from his positions at Gladstone Management and Gladstone Administration, Michael LiCalsi, the Company's General Counsel and Secretary, will assume additional operational responsibilities while a national search for a Chief Investment Officer is conducted to handle Brubaker's investment committee duties.
Gladstone Investment (GAIN) ha annunciato il ritiro di Terry Lee Brubaker dalla posizione di Chief Operating Officer, a partire dal 2 dicembre 2024. Brubaker si dimetterà anche dai suoi ruoli presso Gladstone Management e Gladstone Administration. Michael LiCalsi, il consulente legale e segretario dell'azienda, assumerà ulteriori responsabilità operative mentre verrà condotta una ricerca nazionale per un Chief Investment Officer che si occuperà delle responsabilità del comitato investimenti di Brubaker.
Gladstone Investment (GAIN) anunció la jubilación de Terry Lee Brubaker como Director de Operaciones, con efecto a partir del 2 de diciembre de 2024. Brubaker también dejará sus cargos en Gladstone Management y Gladstone Administration. Michael LiCalsi, el abogado general y secretario de la compañía, asumirá responsabilidades operativas adicionales mientras se lleva a cabo una búsqueda nacional para encontrar un Chief Investment Officer que maneje las responsabilidades del comité de inversiones de Brubaker.
글래드스톤 인베스트먼트 (GAIN)가 테리 리 브루베이커를 최고 운영 책임자에서 은퇴한다고 발표했습니다. 은퇴는 2024년 12월 2일부로 시행됩니다. 브루베이커는 글래드스톤 매니지먼트 및 글래드스톤 어드민스트레이션에서의 직책에서도 물러납니다. 회사의 법률 고문이자 비서인 마이클 리칼시가 추가 운영 책임을 맡게 될 것이며, 브루베이커의 투자 위원회 직무를 맡을 최고 투자 책임자를 찾기 위해 전국적인 검색이 진행될 것입니다.
Gladstone Investment (GAIN) a annoncé le départ à la retraite de Terry Lee Brubaker en tant que directeur des opérations, effectif à partir du 2 décembre 2024. Brubaker quittera également ses postes chez Gladstone Management et Gladstone Administration. Michael LiCalsi, le conseiller juridique général et secrétaire de l'entreprise, assumera des responsabilités opérationnelles supplémentaires pendant qu'une recherche nationale est menée pour un directeur des investissements qui prendra en charge les responsabilités du comité d'investissement de Brubaker.
Gladstone Investment (GAIN) gab die Pensionierung von Terry Lee Brubaker als Chief Operating Officer bekannt, die am 2. Dezember 2024 wirksam wird. Brubaker wird auch von seinen Positionen bei Gladstone Management und Gladstone Administration zurücktreten. Michael LiCalsi, der Generalsekretär und Rechtsberater des Unternehmens, wird zusätzliche operative Verantwortung übernehmen, während eine nationale Suche nach einem Chief Investment Officer durchgeführt wird, um die Aufgaben von Brubaker im Investitionsausschuss zu übernehmen.
- None.
- Loss of key executive with significant operational and investment experience since company inception
- Temporary leadership gap in investment committee responsibilities pending new CIO hire
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024. Following Mr. Brubaker's departure, Michael LiCalsi, the Company's General Counsel and Secretary, who also serves as Gladstone Administration's President, General Counsel and Secretary, will assume certain additional operational responsibilities while Gladstone Management will conduct a national search for a Chief Investment Officer to fill Mr. Brubaker's investment committee responsibilities.
Chairman and Chief Executive Officer, David Gladstone, stated, "Terry has been an integral part of the Gladstone family since inception. His tenure at Gladstone has been marked by remarkable growth and steadfast dedication. Terry's commitment to our funds and our shareholders will be missed."
About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control, and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
Investor Relations Inquiries: Please visit www.gladstonecompanies.com or (703) 287-5893.
SOURCE: Gladstone Investment Corporation
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