Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.
On September 7, 2023, David Pessah notified Goldman Sachs BDC, Inc. (the “Company”) of his intention to resign as Chief Financial Officer, Treasurer and principal accounting officer of the Company to pursue a new professional opportunity. Effective November 10, 2023, Mr. Pessah will cease serving as the Company’s Chief Financial Officer, Treasurer and principal accounting officer. Mr. Pessah’s resignation is not the result of any disagreement with the Company. To assist in an orderly transition, Mr. Pessah will continue to serve in his current role during the transition period.
The Company is actively conducting a search for Mr. Pessah’s permanent successor. The Company expects to appoint John Lanza, age 53, as Interim Chief Financial Officer and Interim Treasurer of the Company, subject to approval by the board of directors of the Company, if a permanent successor to Mr. Pessah is not identified by November 10, 2023. Mr. Lanza would also succeed Mr. Pessah as the Company’s principal accounting officer during his term as Interim Chief Financial Officer and Interim Treasurer.
Mr. Lanza would also be appointed as Interim Chief Financial Officer, Interim Treasurer and principal accounting officer of Goldman Sachs Private Middle Market Credit LLC, Goldman Sachs Private Middle Market Credit II LLC, Goldman Sachs Middle Market Lending Corp. II, Phillip Street Middle Market Lending Fund LLC and Goldman Sachs Private Credit Corp.
Mr. Lanza has held several positions with Goldman Sachs Asset Management, L.P., the Company’s investment adviser. Mr. Lanza currently manages the business development companies and direct hedge funds Asset Management Fund Controllers teams which are responsible for accounting and financial reporting oversight. He previously served as the head of Operational Risk and Governance in the Consumer and Wealth Management Division. Prior to that, Mr. Lanza was the global head of Regulatory Reform and Control Oversight and before that he managed the Goldman Sachs Asset Management Alternative Investments Global Fund Services Group.
Mr. Lanza has no family relationships with any current director, executive officer, or person nominated to become a director or executive officer, of the Company, and there are no transactions or proposed transactions, to which the Company is a party, or intended to be a party, in which Mr. Lanza has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K.