newsfilter
← Latest News
ACCESS Newswire·

Gladstone Capital Corporation Announces Strategic Succession Plan

  • David Gladstone stepped down as Chief Executive Officer immediately but remains Chairman of the Board & Chairman of Gladstone Management Corporation.
  • Robert Marcotte succeeded David Gladstone as Chief Executive Officer.
  • John Sateri was appointed Chief Investment Officer after serving as a twenty-year veteran & investment committee member.
  • Michael McQuigg will succeed Robert Marcotte as President on October 1, 2026.
  • Andrew Ahlberg was appointed Executive Vice President effective immediately.
  • The transition separates the Chairman & CEO roles to align with corporate governance best practices.
  • David Gladstone founded the company in 2001 & led it through its IPO to December 31, 2025.
  • Under Gladstone's leadership, the company completed 715 loans & investments across 294 companies totaling approximately $3.3 billion.
  • Gladstone Capital celebrated its twenty-fifth anniversary in 2026.