Business Context and Reporting Period
This Form 8-K filing by Goldman Sachs BDC, Inc. (GSBD) reports a corporate governance event dated January 26, 2021, with the report filed on January 27, 2021. The filing addresses the departure of a senior executive and the appointment of an interim replacement.
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 is the resignation of Jonathan Lamm as Chief Financial Officer and Treasurer. Mr. Lamm notified the company of his intention to resign to pursue a new professional opportunity. His resignation is not the result of any disagreement with the Company. He will cease serving in these roles effective March 1, 2021.
Outlook, Management Commentary, and Risks
Joseph DiMaria, age 52, is expected to be appointed as Interim Chief Financial Officer and Interim Treasurer effective March 1, 2021, subject to board approval. Mr. DiMaria will also serve as the principal financial officer during his interim term. He is a Managing Director of Goldman Sachs Asset Management, L.P., the Company's investment adviser, and has served in a management capacity in the Fund Controllers team since 2015. Mr. DiMaria currently serves as principal financial officer for several other Goldman Sachs trusts and funds. The filing states there are no family relationships between Mr. DiMaria and current directors or officers, and no material transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Confirm the effective date of Jonathan Lamm's departure (March 1, 2021).
- Verify the board of directors' formal approval of Joseph DiMaria as Interim CFO.
- Review Mr. DiMaria's prior experience with the Investment Adviser's Fund Controllers team.
- Check for any subsequent filings regarding the permanent appointment of a CFO.