---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-031492"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:25:07.147813+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Two directors to leave Ares Capital board; Rosenthal becomes Chairman Emeritus

## Summary
- Robert L. Rosen and Bennett Rosenthal will not stand for re-election at the 2024 Annual Meeting.
- Rosenthal steps down as Co-Chairman; Michael J. Arougheti becomes sole Chairman.
- Rosenthal to serve as Chairman Emeritus after the meeting; board reduced to nine directors.
- Michael L. Smith proposed to move from Class III to Class II director at Annual Meeting.
- Departures not due to any disagreement with Company operations, policies, or practices.

## SEC filing metadata
- accession: 0001104659-24-031492
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/0001104659-24-031492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/tm248008d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-031492
- JSON: https://secwatch.observer/filing/0001104659-24-031492.json
- Plain text: https://secwatch.observer/filing/0001104659-24-031492.txt

## Key facts
- Executive change
  Bennett Rosenthal departed as Director at ARES CAPITAL CORP.
  - Action: not stand for re-election
  - Role: Director
  source text: Robert L. Rosen and Bennett Rosenthal each notified Ares Capital Corporation (the “Company”) that they would not stand for re-election as directors of the Company when their respective current terms expire at the Company’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/0001104659-24-031492-index.htm
- Executive change
  Robert L. Rosen departed as Director at ARES CAPITAL CORP.
  - Action: not stand for re-election
  - Role: Director
  source text: Robert L. Rosen and Bennett Rosenthal each notified Ares Capital Corporation (the “Company”) that they would not stand for re-election as directors of the Company when their respective current terms expire at the Company’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/0001104659-24-031492-index.htm
- Executive change
  Bennett Rosenthal was appointed as Chairman Emeritus at ARES CAPITAL CORP.
  - Action: serve as
  - Role: Chairman Emeritus
  source text: Bennett Rosenthal will step down as Co-Chairman of the Board and will thereafter serve as Chairman Emeritus of the Board and Michael J Arougheti will serve as the sole Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/0001104659-24-031492-index.htm
- Executive change
  Michael J. Arougheti was appointed as Chairman at ARES CAPITAL CORP.
  - Action: serve as
  - Role: Chairman
  source text: Bennett Rosenthal will step down as Co-Chairman of the Board and will thereafter serve as Chairman Emeritus of the Board and Michael J Arougheti will serve as the sole Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/0001104659-24-031492-index.htm
- Executive change
  Bennett Rosenthal departed as Co-Chairman at ARES CAPITAL CORP.
  - Action: step down
  - Role: Co-Chairman
  source text: Bennett Rosenthal will step down as Co-Chairman of the Board and will thereafter serve as Chairman Emeritus of the Board and Michael J Arougheti will serve as the sole Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/0001104659-24-031492-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.