BDC giant FS Investments replaces CFO after resignation
By Daniel Lanyon on 23rd November 2016 | Alt FI Credit
The recently rebranded FS Investments, formerly Franklin Square Capital, has made replaced outgoing chief financial officer for two of its Business Development Companies.
Michael Lawson has resigned as chief financial officer from two business development companies (BDC) run by FS Investments, FS Investment Corporation II and FS Investment Corporation II, according to regulatory filings to the Securities and Exchange Commission
Lawson, who joined FS Investments back in April 2014, is being replaced by Bill Goebel.
“Mr. Lawson’s resignation was not due to any disagreement with the company on any matter relating to the company’s operations, policies or practices,” the firm said in a statement.
“In connection with Mr. Lawson’s resignation, on November 16, 2016, the Company’s board of directors appointed William Goebel as Chief Financial Officer of the Company,” it added.