Business Context and Reporting Period
This Form 8-K is a current report filed by Apollo Investment Corporation (not Midcap Financial Investment Corp) on February 15, 2012. The filing reports a corporate governance event regarding the appointment of a senior executive officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of Mark Harris as Chief Financial Officer (CFO) and Treasurer. The appointment was made by the Board of Directors on February 15, 2012, with an effective start date of April 2, 2012.
Management Commentary and Risks
Management provided a biographical summary of Mr. Harris, highlighting his prior experience as the head of the Asset Management Group for Avenue Capital Group's Asia Strategy, Corporate Financial Controller at Hutchison Telecommunications International, and Vice President of Finance at VSource. He holds an MBA from the University of Chicago and is a Certified Public Accountant. No specific risks, contingencies, or unusual items were disclosed in this filing.
Investor Verification Checklist
- Verify the effective start date of the new CFO (April 2, 2012).
- Confirm the registrant name is Apollo Investment Corporation, not Midcap Financial Investment Corp.
- Review the attached Press Release (Exhibit 99.1) for additional context on the leadership transition.
- Note that no financial results are included in this specific 8-K filing.