Research Reports

Key takeaways

Elizabeth Ko resigned as director effective May 5, 2026, with no disagreement with management or board.

Jason Breaux, CEO since 2015, elected as Class III director and Chairman of the Board effective May 7, 2026.

Henry Chung, President since 2024, elected as Class III director effective May 7, 2026.

Neither Breaux nor Chung will receive compensation or equity awards for director service.

Both new directors will stand for election at the 2027 Annual Meeting of Stockholders.

Full analysis

The filing reports two director changes at Crescent Capital BDC, Inc. (CCAP). Elizabeth Ko resigned as a Class III director effective May 5, 2026, with no stated disagreement. Subsequently, on May 7, 2026, the Board elected CEO Jason Breaux and President Henry Chung as Class III directors. Breaux, who has served as CEO since 2015, will also serve as Chairman of the Board. Chung has been President since 2024. Both will not receive compensation for their director roles. These changes consolidate leadership roles and ensure continuity, as both executives remain in their executive positions.

CCAP · Crescent Capital BDC, Inc.

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Key takeaways

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