Management ChangeMay 8, 2026, 04:12 PM
Crescent Capital BDC Appoints CEO Jason Breaux as Chairman, Elects Henry Chung to Board
AI Summary
Crescent Capital BDC, Inc. announced changes to its Board of Directors. Elizabeth Ko resigned as a Class III Director, effective May 5, 2026. Subsequently, Jason Breaux, the company's Chief Executive Officer, was elected as a Class III director and Chairman of the Board, effective May 7, 2026. Additionally, Henry Chung, the company's President, was also elected as a Class III director on the same date. Neither Mr. Breaux nor Mr. Chung will receive additional compensation for their director roles.
Key Highlights
- Elizabeth Ko resigned as a Class III Director effective May 5, 2026, with no stated disagreement.
- Jason Breaux, current CEO, was elected as a Class III director and Chairman of the Board effective May 7, 2026.
- Mr. Breaux will not receive additional compensation or equity awards for his director service.
- Henry Chung, current President, was elected as a Class III director effective May 7, 2026.
- Mr. Chung will not receive additional compensation or equity awards for his director service.
- Neither Mr. Breaux nor Mr. Chung have been named to serve on any Board committees.