| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 27, 2019, the board of directors (the “Board of Directors”) of Oaktree Specialty Lending Corporation (the “Company”) appointed Deborah A. Gero to the Board of Directors, effective upon the conclusion of the annual meeting of the Company’s stockholders on March 7, 2019 (the “Annual Meeting”), and approved a reduction in the size of the Board of Directors by one director, effective upon the commencement of the Annual Meeting. Ms. Gero was also appointed to serve on the Company’s Audit Committee,Co-Investment Committee and Risk and Conflicts Committee, effective upon her appointment to the Board of Directors. Ms. Gero will fill the vacancy on the Board of Directors created by the resignation of Marc Gamsin on May 3, 2018.
Ms. Gero has held various positions with American International Group, Inc. and its affiliates (collectively, “AIG”), including as a Senior Managing Director and Deputy Chief Investment Officer of AIG Asset Management, where she was responsible for developing the firm’s investment strategy for approximately $300 billion of insurance company portfolios from 2012 to 2018. She joined AIG in 2009 and served as Chief Risk Officer for the Life and Retirement division until 2012. Before joining AIG, Ms. Gero was a consultant from 2003 to 2009, focusing on collateralized debt obligation investment management and investments in insurance companies. Prior to her work as a consultant, Ms. Gero spent eight years at AIG and its predecessor entities in a variety of capacities including Portfolio Manager of a $3 billion collateralized debt obligation portfolio and Corporate Actuary. Previous experiences include numerous actuarial and asset/liability management roles at Conseco, Inc., Tillinghast/Towers-Perrin and Pacific Mutual Life Insurance Company. Ms. Gero has previously served as a director of Aurora National Life Insurance Company and New California Life Holdings, as well as several insurance and asset management subsidiaries of AIG. Ms. Gero received a B.A. degree in mathematics from the University of Notre Dame. She is a CFA charterholder, a fellow in the Society of Actuaries and a member of the American Academy of Actuaries.
There are no arrangements or understandings between Ms. Gero and any other persons pursuant to which she was selected as a director. There are no current or proposed transactions between the Company and Ms. Gero or her immediate family members that would require disclosure under Item 404(a) of RegulationS-K promulgated by the Securities and Exchange Commission.
The Company issued a press release on March 5, 2019 to announce Ms. Gero’s appointment as a director, a copy of which is attached hereto as Exhibit 99.1.
| Item 9.01. | Financial Statements and Exhibits. |
(d)Exhibits
