Business Context and Reporting Period
This Form 8-K filing by SLR Investment Corp. (SLRC) was submitted on April 3, 2023, reporting events occurring on the same date. The company is a Maryland corporation with principal executive offices in New York, NY, and its common stock trades on the NASDAQ Global Select Market.
Key Financial Metrics
This filing is a current report regarding corporate governance and does not contain financial statements. Consequently, data regarding revenue, profit, cash flow, margins, debt, and liquidity are not provided in this document.
Material Changes
The filing discloses significant changes to the company's executive leadership effective April 3, 2023:
- Resignation: Richard L. Peteka resigned from his positions as Chief Financial Officer, Treasurer, and Secretary. The filing states this resignation was not the result of any disagreement between Mr. Peteka and the Company.
- Appointment: Shiraz Y. Kajee, age 43, was appointed as the new Chief Financial Officer, Treasurer, and Secretary, effective immediately.
Management Commentary and Background
Mr. Kajee brings extensive experience in the business development company sector. From December 2015 through March 2023, he served as a Managing Director at New Mountain Capital, L.L.C., holding CFO and Treasurer roles for several affiliated entities including New Mountain Finance Corporation and New Mountain Guardian III and IV BDCs. He holds a Master of Science in Accounting and a Bachelor of Business Administration in Finance from Baruch College and is a Certified Public Accountant and Chartered Global Management Accountant.
The filing confirms that Mr. Kajee's appointment was not made pursuant to any arrangement with other persons, he has no family relationships with current directors or officers, and no material plans or contracts were entered into in connection with his appointment.
Investor Verification Checklist
- Verify the effective date of the leadership transition (April 3, 2023).
- Confirm the absence of any disagreement regarding the departure of the former CFO.
- Review Mr. Kajee's prior tenure and specific roles at New Mountain Capital to assess relevant industry experience.
- Check for any subsequent filings regarding compensation arrangements for the new CFO, as none were disclosed in this specific report.