Carlyle Secured Lending (CGBD) Appoints Taylor Boswell as President
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 11.5%
EPS Growth %: +2.0%
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Carlyle Secured Lending, Inc (NASDAQ: CG) today announced that Taylor Boswell, Carlyle Secured Lending Chief Investment Officer, will assume the role of President of the Company and will join the Company’s Board of Directors.
“Taylor has been integral to the Company’s success since he assumed the role of Chief Investment Officer in 2019,” said Linda Pace, Chief Executive Officer. “This new role is in recognition of his outstanding leadership across all aspects of our Company’s operation. All of us at Carlyle congratulate him on this achievement and look forward to his continued success and contributions.” Ms. Pace will step down as President of the Company but continue as the Company’s Chief Executive Officer and Chair of the Board of Directors, positions she has held since December 31st, 2019.
Mr. Boswell said, “It’s a great privilege for me, and the rest of our team here at Carlyle, to be able to do this engaging work on behalf of our shareholders. We remain committed to our principal investment objective: the delivery of sustainable income. We will continue to work tirelessly to meet that objective across dynamic markets and through cycles.”
In addition, the Company has elected three senior professionals to serve as Officers of the Company. Michael Hadley, Vice President and Head of Underwriting, Jonathan Pearl, Vice President and Head of Sponsor Coverage, and Alex Popov, Vice President and Head of Illiquid Credit have joined the Company’s roster of officers.
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