GLADSTONE CAPITAL CORP [GLAD] - appoints Michael McQuigg as President
Effective October 1, 2026, Michael McQuigg was appointed President of Gladstone Capital Corp, succeeding Robert Marcotte, who remains as Chief Executive Officer.
Why this matters
Gladstone Capital Corp, a business development company incorporated in Maryland, focuses on providing debt and equity capital to lower middle-market companies, often supporting private equity sponsors and owner-operators. On October 1, 2026, Michael McQuigg was appointed President of Gladstone Capital Corp, succeeding Robert Marcotte, who continues as Chief Executive Officer. This leadership transition appears to be a planned succession, as McQuigg has been with the company since 2015 and served as Executive Vice President and Senior Managing Director since 2021, where he was instrumental in managing middle-market investments. McQuigg's prior experience includes roles at Deerpath Capital and H.I.G. Capital, focusing on private debt and equity investments.