MSC will transition CEO responsibilities from Dwayne L. Hyzak to Nicholas T. Meserve, with the change expected in the fourth quarter of 2026; Hyzak will become Executive Chairman.

IndividualDwayne L. HyzakNicholas T. MeserveRoleChairman and CEO (current); to become Executive ChairmanManaging Director and group head, private credit investment team; CEO-designateType of ChangeTransition to Executive ChairmanDesignation/expected appointment as CEOEffective DateExpected after transition in Q4 2026Expected in Q4 2026ReasonBoard-approved CEO succession planBoard-approved CEO succession planReplacement InfoTo be replaced by Nicholas T. Meserve as CEOReplacing Dwayne L. Hyzak as CEOBackground DetailsServed as Chairman and CEO since October 2020Age 46; serves as Managing Director and group head of private credit investment team; bio referenced in 2026 proxy statementBoard/Committee Role ChangesWill serve as Executive ChairmanNot disclosed

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.