Research Reports

Key takeaways

Seth H. Meyer, age 57, transitions from CFO to President, continuing to report to CEO Scott Bluestein.

Andrew Olson, age 43, appointed CFO and Head of Corporate Development, succeeding Meyer.

Changes approved by Board on April 29, 2026, effective May 18, 2026.

Olson previously served at Hercules from 2014-2017 as VP Finance, Senior Controller, and Interim CFO.

No arrangements, family relationships, or material interests disclosed for Olson's selection.

Leadership evolution aims to accelerate growth and operational scaling per press release.

Full analysis

The leadership transition positions Seth Meyer, with deep institutional knowledge since 2019 as CFO, to oversee platform scaling and growth as President while reporting to CEO Scott Bluestein. Andrew Olson's return brings 19+ years of experience in alternative assets, including prior roles at Revelation Partners, SVB Capital, TriplePoint Capital, and Hercules itself, ensuring continuity in financial leadership. Management views this as a strategic evolution for operational efficiency and next-phase growth, with no disclosed compensatory arrangements or conflicts.

HTGC · Hercules Capital, Inc.

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