Management ChangeMay 4, 2026, 04:24 PM
Hercules Capital Appoints Seth Meyer President; Andrew Olson CFO
AI Summary
Hercules Capital, Inc. announced a strategic evolution of its executive leadership team, effective May 18, 2026. Seth H. Meyer, who has served as Chief Financial Officer since March 2019, has been appointed President. Andrew Olson, a seasoned finance executive with extensive experience across alternative asset management, banking, private credit, and private equity markets, will succeed Mr. Meyer as Chief Financial Officer and Head of Corporate Development. These changes are intended to accelerate the company's next phase of growth and operational scaling.
Key Highlights
- Seth H. Meyer, current Chief Financial Officer, has been appointed President, effective May 18, 2026.
- Mr. Meyer will continue to report to CEO Scott Bluestein and oversee platform growth and operational efficiency.
- Andrew Olson has been appointed Chief Financial Officer and Head of Corporate Development, succeeding Mr. Meyer.
- Mr. Olson will serve as the company's principal financial and principal accounting officer, effective May 18, 2026.
- Mr. Olson previously held CFO roles at Revelation Partners, SVB Capital, and TriplePoint Capital.
- He also served as Interim CFO and VP of Finance at Hercules Capital from 2014 to 2017.