Horizon Technology Finance Names Daniel R. Trolio as Senior Vice President and Chief Financial Officer
January 18 2017 - 4:15PM
Horizon Technology Finance Corporation (NASDAQ:HRZN) (“Horizon”)
(“Company”), a leading specialty finance company that provides
capital in the form of secured loans to venture capital backed
companies in the technology, life science, healthcare information
and services, and cleantech industries, announced today that Daniel
R. Trolio has been appointed Senior Vice President and Chief
Financial Officer, effective January 17, 2017. Mr. Trolio has
served as Horizon’s Vice President of Finance and Interim Chief
Financial Officer since September 2016 as part of his ten-year
tenure with the Company and its advisor.
“I am very pleased to have Dan as Horizon’s
permanent Chief Financial Officer,” said Robert D. Pomeroy, Jr.,
Chairman and Chief Executive Officer of Horizon. “Dan has been
instrumental to our growth as a public company. Since assuming the
interim CFO role, he has become an integral part of our senior
management team. Dan’s experience and leadership abilities make him
the best person to lead our finance organization. We look forward
to his further contributions as we continue to execute on our
investment strategy.”
Prior to being appointed the Company’s Vice
President of Finance and Interim Chief Financial Officer, Mr.
Trolio served as Vice President and Corporate Controller since 2010
and has been responsible for supervision of all Horizon’s
accounting functions as well as tax and financial reporting. Mr.
Trolio has also held the same positions with Horizon Technology
Finance Management LLC, the Company's advisor, since 2006. Before
joining Horizon, Mr. Trolio served as Senior Manager at a regional
public accounting firm and has held positions with KPMG LLP and
Arthur Andersen LLP. Mr. Trolio earned a Bachelor of Science degree
in accountancy, with honors, from Bentley University and a Master
of Science degree in taxation from the University of Hartford. He
is a Certified Public Accountant, chartered in the State of
Connecticut.
“I am excited to permanently take on my role as
Horizon’s Chief Financial Officer,” said Daniel R. Trolio, Chief
Financial Officer of Horizon. “I will leverage my past 10 years of
experience working with the Horizon senior management team to
capitalize on the strengths of Horizon’s specialized investment
strategy as we seek to create long-term shareholder value.”
About Horizon Technology FinanceHorizon
Technology Finance Corporation is a leading specialty finance
company that provides capital in the form of secured loans to
venture capital backed companies in the technology, life science,
healthcare information and services, and cleantech industries. The
investment objective of Horizon is to maximize its investment
portfolio’s return by generating current income from the debt
investments it makes and capital appreciation from the warrants it
receives when making such debt investments. Headquartered in
Farmington, Connecticut, Horizon has regional offices in
Pleasanton, California and Reston, Virginia. Horizon's common stock
trades on the NASDAQ Global Select Market under the ticker symbol
"HRZN". To learn more, please visit www.horizontechfinance.com.
Forward-Looking
StatementsStatements included herein may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Statements other than
statements of historical facts included in this press release may
constitute forward-looking statements and are not guarantees of
future performance, condition or results and involve a number of
risks and uncertainties. Actual results may differ materially from
those in the forward-looking statements as a result of a number of
factors, including those described from time to time in our filings
with the Securities and Exchange Commission. Horizon undertakes no
duty to update any forward-looking statement made herein. All
forward-looking statements speak only as of the date of this press
release.
Contacts:
Horizon Technology Finance
Robert D. Pomeroy, Jr.
Chairman and Chief Executive Officer
(860) 676-8656
rob@horizontechfinance.com
Investor Relations and Media Contacts:
The IGB Group
Scott Eckstein / Leon Berman
(212) 477-8261 / (212) 477-8438
seckstein@igbir.com / lberman@igbir.com
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