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Gladstone Capital Announces Retirement of Chief Operating Officer Terry Lee Brubaker

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Gladstone Capital (NASDAQ:GLAD) announced that Terry Lee Brubaker will retire as Chief Operating Officer effective December 2, 2024. Brubaker will also step down from his roles 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 Capital (NASDAQ:GLAD) ha annunciato che Terry Lee Brubaker si ritirerà dal suo ruolo di Chief Operating Officer a partire dal 2 dicembre 2024. Brubaker si dimetterà anche dai suoi incarichi presso Gladstone Management e Gladstone Administration. Michael LiCalsi, il Consiglio Generale e Segretario dell'azienda, assumerà ulteriori responsabilità operative mentre verrà effettuata una ricerca nazionale per un Chief Investment Officer che si occupi delle funzioni del comitato degli investimenti di Brubaker.

Gladstone Capital (NASDAQ:GLAD) anunció que Terry Lee Brubaker se retirará como Director de Operaciones a partir del 2 de diciembre de 2024. Brubaker también dejará sus roles 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 un Chief Investment Officer que maneje las responsabilidades del comité de inversiones de Brubaker.

Gladstone Capital (NASDAQ:GLAD)가 Terry Lee Brubaker가 2024년 12월 2일부로 최고 운영 책임자로서 은퇴한다고 발표했습니다. Brubaker는 Gladstone Management와 Gladstone Administration에서의 직책에서도 물러납니다. Michael LiCalsi, 회사의 법무이사이자 비서는 Brubaker의 투자 위원회 업무를 처리하기 위해 Chief Investment Officer를 찾는 국가적 검색이 진행되는 동안 추가 운영 책임을 맡게 됩니다.

Gladstone Capital (NASDAQ:GLAD) a annoncé que Terry Lee Brubaker prendra sa retraite en tant que Directeur des opérations à compter du 2 décembre 2024. Brubaker quittera également ses fonctions 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 pour un Directeur des investissements sera menée afin de gérer les fonctions du comité d'investissement de Brubaker.

Gladstone Capital (NASDAQ:GLAD) gab bekannt, dass Terry Lee Brubaker als Chief Operating Officer zum 2. Dezember 2024 zurücktreten wird. Brubaker wird auch von seinen Funktionen bei Gladstone Management und Gladstone Administration zurücktreten. Michael LiCalsi, der Allgemeine Rechtsberater und Sekretär des Unternehmens, wird zusätzliche operative Verantwortlichkeiten übernehmen, während eine nationale Suche nach einem Chief Investment Officer durchgeführt wird, der die Aufgaben von Brubakers Investitionsausschuss übernimmt.

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MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (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 Capital Corporation: Gladstone Capital Corporation is a publicly-traded business development company that invests in debt and equity securities, consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States. Information on the business activities of Gladstone Capital and the other publicly-traded Gladstone funds can be found at www.GladstoneCompanies.com.

Investor Relations Inquiries:

Please visit www.gladstonecompanies.com or (703) 287-5893.

SOURCE: Gladstone Capital Corporation



View the original press release on accesswire.com

FAQ

When is Terry Lee Brubaker retiring from Gladstone Capital (GLAD)?

Terry Lee Brubaker is retiring as Chief Operating Officer of Gladstone Capital (GLAD) effective December 2, 2024.

Who will replace Terry Lee Brubaker at Gladstone Capital (GLAD)?

Michael LiCalsi will assume additional operational responsibilities, while the company conducts a national search for a Chief Investment Officer to handle investment committee responsibilities.

What positions is Terry Lee Brubaker leaving at Gladstone Capital (GLAD)?

Brubaker is retiring as COO of Gladstone Capital, director and executive officer of Gladstone Management , and board member and executive officer of Gladstone Administration,

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