Gladstone Investment Corporation announced that David Gladstone stepped down as CEO effective March 20, 2026, while remaining Chairman of the Board. The Board appointed David A.R. Dullum as CEO, John Sateri as CIO, and promoted Erika Highland to Executive Vice President immediately and President effective October 1, 2026.
Key takeaways
David Gladstone stepped down as CEO effective March 20, 2026, continues as Chairman.
David A.R. Dullum, age 77, appointed CEO effective March 20, 2026, in addition to President role.
John Sateri, age 58, appointed CIO effective March 20, 2026.
Erika Highland, age 46, promoted to Executive Vice President effective March 20, 2026, and President effective October 1, 2026.
Press release issued March 23, 2026, detailing strategic succession plan.
No direct compensation from Company; officers employed by Adviser.