8-K: Current report filing
Published on December 15, 2022
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 9, 2022
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(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (704 ) 805-7200
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(Former name or former address, if changed since last report.)
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Securities registered pursuant to Section 12(b) of the Act:
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 9, 2022, Jonathan Bock notified Barings BDC, Inc. (the “Company”) that he will step down as the Company’s Chief Executive Officer, effective as of the close of business on December 16, 2022, to pursue other business opportunities. Mr. Bock’s resignation is not a result of any disagreement with the Company on any matter relating to its operations, policies, or practices, or to any issues regarding its accounting policies or practices.
Mr. Bock joined Barings LLC (“Barings”) in 2018 to serve as Chief Financial Officer of the Company in connection with the externalization of Triangle Capital Corporation. In August 2022, Mr. Bock was appointed to be the Chief Executive Officer of Barings BDC, Inc. Throughout his time with Barings, Mr. Bock was a meaningful partner to our BDC team as well as our broader investment teams. Barings and the Board of the Company thank him for his efforts and wish him the best for the future.
On December 14, 2022, the Company’s Board of Directors appointed Eric Lloyd as Chief Executive Officer of the Company, effective as of the close of business on December 16, 2022.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Barings BDC, Inc. | ||||||||||||||
| Date: December 15, 2022 | By: | /s/ Jonathan A. Landsberg | ||||||||||||
| Jonathan A. Landsberg | ||||||||||||||
| Chief Financial Officer | ||||||||||||||