OFS Capital board changes: Marc Abrams retires; Ashwin Ranganathan appointed director

OFS Capital Corp

Marc Abrams resigned from board and all committees effective Jan 4, 2022; no disagreement with company.
Ashwin Ranganathan appointed Class III director, chair of Compensation Committee, member of Audit and Nominating Committees on Jan 5, 2022.
Ranganathan is founder/CEO of Sikander Capital; previously partner at Tudor Capital, Oaktree Capital, and Goldman Sachs.
Ranganathan receives $90k annual director fee plus $10k for Comp Committee chair, pro-rated for initial service.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Ashwin Ranganathan

Class III director, chair of the Compensation Committee, member of the Audit Committee, and member of the Nominating and Corporate Governance Committee

OFS · OFS Capital Corp

Effective: 2022-01-05
Filed: January 5, 2022, 6:59 PM ET

On January 5, 2022, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, voted to appoint Ashwin Ranganathan as a Class III director of the Board, chair of the Compensation Committee, a member of the Audit Committee, and a member of the Nominating and Corporate Governance Committee, to fill the vacancy created by the retirement of Mr. Abrams.

Departed

Marc I. Abrams

Director

OFS · OFS Capital Corp

Effective: 2022-01-04
Successor: Ashwin Ranganathan
Filed: January 5, 2022, 6:59 PM ET

On January 3, 2022, Marc I. Abrams notified the board of directors (the “Board”) of OFS Capital Corporation (the “Company”), a Delaware corporation that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended (the “1940 Act”), of his intention to retire.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Ashwin Ranganathan was appointed as Class III director, chair of the Compensation Committee, member of the Audit Committee, and member of the Nominating and Corporate Governance Committee at OFS Capital Corp.

Action: appointed
Role: Class III director, chair of the Compensation Committee, member of the Audit Committee, and member of the Nominating and Corporate Governance Committee

Exact text from the filing

On January 5, 2022, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, voted to appoint Ashwin Ranganathan as a Class III director of the Board, chair of the Compensation Committee, a member of the Audit Committee, and a member of the Nominating and Corporate Governance Committee, to fill the vacancy created by the retirement of Mr. Abrams.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Marc I. Abrams resigned as Director at OFS Capital Corp.

Action: resigned
Role: Director

Exact text from the filing

On January 3, 2022, Marc I. Abrams notified the board of directors (the “Board”) of OFS Capital Corporation (the “Company”), a Delaware corporation that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended (the “1940 Act”), of his intention to retire.

View on SEC.gov

OFS Capital Corp filing history →

Source: SEC EDGAR

accession 0001487918-22-000002

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