secwatch.observer — SEC 8-K summary
======================================

Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001104659-24-031492
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/0001104659-24-031492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000110465924031492/tm248008d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-031492

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer