Business Context and Reporting Period
This Form 8-K Current Report was filed by Gladstone Capital Corporation on September 19, 2011. The report addresses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a specific corporate event and does not contain financial performance data.
Material Changes
On September 19, 2011, Gerard Mead notified the Board of Directors that he will not stand for reelection as a director. Consequently, he will also step down from his roles on the Compensation Committee and the Audit Committee. Mr. Mead intends to remain on the board until his term expires at the 2012 Annual Meeting of Stockholders, tentatively scheduled for February 2012.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. The Board expressed gratitude for Mr. Mead's services and wished him well in his retirement from the Board.
Key Facts for Investors to Verify
- Gerard Mead is retiring from the Board of Directors and will not seek reelection.
- Mr. Mead will continue to serve until the 2012 Annual Meeting of Stockholders (tentatively February 2012).
- Mr. Mead is currently a member of the Compensation Committee and Audit Committee.
- The report does not disclose any financial results or changes in the company's capital structure.