8-K
filed October 30, 2024, 7:59 PM ET
ticker ARCC
CIK 0001287750
leadership
confidence high
sentiment neutral
materiality 0.65
Ares Capital appoints Jim Miller Co-President; Goldstein and Smith become Co-Chairmen
ARES CAPITAL CORP
- James R. Miller appointed Co-President effective Oct 24, 2024, alongside existing Co-President Kort Schnabel.
- Mitchell Goldstein stepped down as Co-President, appointed to expanded Board as Class II director and Co-Chairman.
- Michael L. Smith also appointed Co-Chairman; Michael Arougheti ceased as Chairman but remains Class I director.
- Kipp deVeer continues as CEO and Class III director; Miller receives no compensation from Ares Capital.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mitchell Goldstein was appointed as Interested Class II Director at ARES CAPITAL CORP.
- Action
- appointed
- Role
- Interested Class II Director
Exact text from the filing
the Board increased the size of the Board from nine to ten members and appointed Mitchell Goldstein as an interested Class II director to fill the vacancy created by such increase.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael J Arougheti departed as Chairperson at ARES CAPITAL CORP.
- Action
- ceased to serve as Chairperson
- Role
- Chairperson
Exact text from the filing
Michael J Arougheti will cease to serve as Chairperson of the Board and will continue to serve as a Class I director of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael L. Smith was appointed as Co-Chairperson at ARES CAPITAL CORP.
- Action
- designated
- Role
- Co-Chairperson
Exact text from the filing
Effective October 24, 2024, the Board also designated Mitchell Goldstein and Michael L. Smith to serve as the new Co-Chairpersons of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mitchell Goldstein was appointed as Co-Chairperson at ARES CAPITAL CORP.
- Action
- designated
- Role
- Co-Chairperson
Exact text from the filing
Effective October 24, 2024, the Board also designated Mitchell Goldstein and Michael L. Smith to serve as the new Co-Chairpersons of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mitchell Goldstein departed as Co-President at ARES CAPITAL CORP.
- Action
- stepped down
- Role
- Co-President
Exact text from the filing
Concurrently with James R. Miller’s appointment, Mitchell Goldstein stepped down as Co-President
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James R. Miller was appointed as Co-President at ARES CAPITAL CORP.
- Action
- appointed
- Role
- Co-President
Exact text from the filing
Effective October 24, 2024, the board of directors (the “Board”) of Ares Capital Corporation (“Ares Capital”) appointed James R. Miller, age 48, as Co-President of Ares Capital alongside current Co-President, Kort Schnabel.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.