Ares Capital Appointed Scott Lem As Its New Chief Financial Officer, Succeeding Penni Roll, Effective February 15, 2024
Portfolio Pulse from Benzinga Newsdesk
Ares Capital Corporation (ARCC) has announced the appointment of Scott Lem as its new Chief Financial Officer, effective from February 15, 2024. He will be succeeding Penni Roll.
November 09, 2023 | 12:49 pm
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NEUTRAL IMPACT
Scott Lem's appointment as CFO could bring new financial strategies to Ares Capital Corporation, potentially impacting the company's financial performance and stock price.
The appointment of a new CFO often brings new financial strategies and policies. While it's unclear how this will affect ARCC's stock price in the short term, it could have significant impacts in the long term depending on the financial decisions made by Scott Lem.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100