GLAD · Gladstone Capital Corporation

Summary

Gladstone Capital Corporation announced that David Gladstone stepped down as CEO effective March 20, 2026, remaining as Chairman, with Robert Marcotte appointed as successor CEO. The Board also promoted Michael McQuigg to President effective October 1, 2026, appointed John Sateri as CIO effective immediately, and Andrew Ahlberg as Executive Vice President, as part of a strategic succession plan.

Key takeaways

• David Gladstone stepped down as CEO effective March 20, 2026, continues as Chairman.
• Robert Marcotte, age 67, appointed CEO effective March 20, 2026, previously President since December 2013.
• Michael McQuigg, age 47, promoted to President effective October 1, 2026, previously Executive VP since 2021.
• John Sateri, age 58, appointed CIO effective March 20, 2026.
• Andrew Ahlberg appointed Executive Vice President effective immediately.