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MidCap Financial Investment Corp (NASDAQ:MFIC), a $1.17 billion market cap company with a solid financial health score of "GOOD" according to InvestingPro, has revealed executive transitions in a recent 8-K filing with the SEC. Gregory Hunt, the company’s Chief Financial Officer and Treasurer, will retire from his current roles effective June 30, 2025. Hunt will continue as a consultant until December 31, 2025, to assist with the transition of his duties.
The Board has appointed Kenneth Seifert as the new CFO and Treasurer, taking over from Hunt on June 30, 2025. Seifert brings extensive experience from his previous roles within the Apollo funds and as a Senior Manager at KPMG and Rothstein Kass. Under the current leadership, the company has maintained impressive financial metrics, including a 12.15% dividend yield and strong revenue growth of 12.66% over the last twelve months.
Additionally, Howard Widra has announced his intention to retire from Apollo Global Management (NYSE:APO) and will resign as director and Executive Chairman of MidCap Financial’s Board on December 31, 2026. The search for Widra’s successor is underway.
Both Hunt’s and Widra’s departures are not due to any disagreements with the company’s operations or practices. The company expressed its gratitude for their service and contributions.
This executive transition comes as MidCap Financial continues to position itself for future growth and operational efficiency. The company’s leadership changes are part of a strategic realignment to ensure continued success in the financial sector.
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