Main Street Capital Management

Management criteria checks 3/4

Main Street Capital's CEO is Dwayne Hyzak, appointed in Nov 2018, has a tenure of 6.83 years. total yearly compensation is $7.76M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth €26.40M. The average tenure of the management team and the board of directors is 6.9 years and 9 years respectively.

Key information

Dwayne Hyzak

Chief executive officer

US$7.8m

Total compensation

CEO salary percentage	8.9%
CEO tenure	6yrs
CEO ownership	0.6%
Management average tenure	6.9yrs
Board average tenure	9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dwayne Hyzak's remuneration changed compared to Main Street Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$473m
Jun 30 2024	n/a	n/a	US$452m
Mar 31 2024	n/a	n/a	US$456m
Dec 31 2023	US$8m	US$691k	US$428m
Sep 30 2023	n/a	n/a	US$396m
Jun 30 2023	n/a	n/a	US$348m
Mar 31 2023	n/a	n/a	US$256m
Dec 31 2022	US$7m	US$658k	US$242m
Sep 30 2022	n/a	n/a	US$230m
Jun 30 2022	n/a	n/a	US$258m
Mar 31 2022	n/a	n/a	US$339m
Dec 31 2021	US$5m	US$633k	US$331m
Sep 30 2021	n/a	n/a	US$316m
Jun 30 2021	n/a	n/a	US$310m
Mar 31 2021	n/a	n/a	US$258m
Dec 31 2020	US$2m	US$625k	US$29m
Sep 30 2020	n/a	n/a	-US$34m
Jun 30 2020	n/a	n/a	-US$78m
Mar 31 2020	n/a	n/a	-US$83m
Dec 31 2019	US$3m	US$625k	US$130m
Sep 30 2019	n/a	n/a	US$123m
Jun 30 2019	n/a	n/a	US$158m
Mar 31 2019	n/a	n/a	US$175m
Dec 31 2018	US$3m	US$557k	US$168m
Sep 30 2018	n/a	n/a	US$220m
Jun 30 2018	n/a	n/a	US$186m
Mar 31 2018	n/a	n/a	US$174m
Dec 31 2017	US$3m	US$530k	US$171m

Compensation vs Market: Dwayne's total compensation ($USD7.76M) is above average for companies of similar size in the German market ($USD1.92M).

Compensation vs Earnings: Dwayne's compensation has been consistent with company performance over the past year.

CEO

Dwayne Hyzak (51 yo)

6yrs

Tenure

US$7,758,680

Compensation

Mr. Dwayne Louis Hyzak, CPA, serves as Director at Gulf Publishing Holdings LLC. He serves as Chief Executive Officer and Chairman of the Board at MSC Income Fund, Inc. (formerly known as HMS Income Fund,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dwayne Hyzak	CEO & Member of Board of Directors	6yrs	US$7.76m	0.59% € 26.4m
David Magdol	President	13.3yrs	US$6.30m	0.54% € 24.2m
Jesse Morris	Executive VP	5.3yrs	US$6.01m	0.28% € 12.4m
Jason Beauvais	Executive VP	16.8yrs	US$3.67m	0.20% € 9.0m
Ryan Nelson	CFO & Treasurer	less than a year	no data	0.016% € 696.8k
Ryan McHugh	Chief Accounting Officer	less than a year	no data	0.0048% € 213.7k
Ken Dennard	Investor Relations Contact	no data	no data	no data
Ashley Seatter	Business Development and Marketing Senior Associate	2.8yrs	no data	no data
Margaret Kopko	Human Resource Manager	no data	no data	no data
Kenneth Braud	Managing Director	7.8yrs	no data	no data
Nicholas Meserve	Managing Director	12.8yrs	US$1.43m	0.11% € 4.9m
Samuel Cashiola	Managing Director	12.8yrs	no data	no data

6.9yrs

Average Tenure

47.5yo

Average Age

Experienced Management: 13M's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dwayne Hyzak	CEO & Member of Board of Directors	6.8yrs	US$7.76m	0.59% € 26.4m
Stephen Solcher	Independent Director	9yrs	US$254.99k	0.052% € 2.3m
Vincent Foster	Chairman of Board of Directors	17.8yrs	no data	2.18% € 97.8m
Dunia Shive	Independent Director	4.7yrs	US$237.49k	0.0055% € 246.0k
John Jackson	Lead Independent Director	11.3yrs	US$287.49k	0.085% € 3.8m
Jon Griffin	Independent Director	13.3yrs	US$259.99k	0.076% € 3.4m
Brian Lane	Independent Director	9yrs	US$244.99k	0.049% € 2.2m

9.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 13M's board of directors are considered experienced (9 years average tenure).

Main Street Capital Management

Management criteria checks 3/4

Key information

Recent management updates

Main Street Announces Promotions in Its Finance, Accounting and Treasury Functions, Effective August 12, 2024

Main Street Capital Corporation, Annual General Meeting, May 06, 2024

Executive VP recently sold €1.2m worth of stock

Executive VP recently sold €542k worth of stock

Insufficient new directors

Recent updates

Dividend of US$0.24 announced

Main Street Capital Corporation Announces Supplemental Cash Dividend, Payable on December 27, 2024

Upcoming dividend of US$0.24 per share

Dividend of US$0.24 announced

Main Street Capital Corporation to Report Q3, 2024 Results on Nov 07, 2024

Dividend of US$0.24 announced

Dividend of US$0.30 announced

Upcoming dividend of US$0.24 per share

Main Street Announces Promotions in Its Finance, Accounting and Treasury Functions, Effective August 12, 2024

Main Street Capital Corporation Declares Supplemental Cash Dividend, Payable on September 27, 2024

Upcoming dividend of US$0.24 per share

Main Street Capital Corporation to Report Q2, 2024 Results on Aug 08, 2024

Dividend of US$0.24 announced

Dividend of US$0.24 announced

Upcoming dividend of US$0.30 per share

Dividend of US$0.30 announced

Upcoming dividend of US$0.24 per share

The HC Companies, Inc. acquired Classic Home & Garden LLC from Fred Ryan.

Now 20% undervalued

Dividend of US$0.24 announced

Main Street Capital Corporation Declares Regular Monthly Cash Dividends for Each of July , August and September 2024, Payable from July 15, 2024, August 15, 2024 and September 13, 2024, Respectively

Main Street Capital Corporation to Report Q1, 2024 Results on May 09, 2024

Main Street Capital Corporation Provides Preliminary Earnings Guidance for the First Quarter of 2024

Dividend of US$0.24 announced

Main Street Capital Corporation, Annual General Meeting, May 06, 2024

Dividend of US$0.24 announced

Upcoming dividend of US$0.30 per share

Dividend of US$0.30 announced

Executive VP recently sold €1.2m worth of stock

Upcoming dividend of US$0.24 per share

New major risk - Revenue and earnings growth

Main Street Capital Corporation Declares Supplemental Cash Dividend, Payable from March 27, 2024

Dividend of US$0.24 announced

Upcoming dividend of US$0.24 per share at 7.9% yield

Main Street Capital Corporation to Report Q4, 2023 Results on Feb 22, 2024

Upcoming dividend of US$0.24 per share at 8.4% yield

Upcoming dividend of US$0.28 per share at 8.7% yield

Upcoming dividend of US$0.23 per share at 8.9% yield

Main Street Capital Corporation Declares Supplemental Cash Dividend, Payable on December 20, 2023

Upcoming dividend of US$0.23 per share at 7.4% yield

Main Street Capital Corporation to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.23 per share at 7.0% yield

Upcoming dividend of US$0.28 per share at 6.9% yield

Upcoming dividend of US$0.23 per share at 7.0% yield

New major risk - Revenue and earnings growth

Now 21% undervalued

Main Street Capital Corporation Declares Regular Monthly Cash Dividend for Each of October, November and December 2023, Payable on October 13 2023, November 15 2023 and December 15 2023 Respectively

Upcoming dividend of US$0.23 per share at 7.8% yield

Main Street Capital Corporation Provides Earnings Guidance for the Second Quarter of 2023

Upcoming dividend of US$0.23 per share at 8.4% yield

Upcoming dividend of US$0.23 per share at 8.3% yield

Upcoming dividend of US$0.23 per share at 8.3% yield

Main Street Capital Corporation announced that it has received $44 million in funding

Upcoming dividend of US$0.23 per share at 7.4% yield

Now 20% undervalued

Now 21% undervalued

Executive VP recently sold €542k worth of stock

Upcoming dividend of US$0.23 per share at 7.5% yield

Upcoming dividend of US$0.17 per share at 7.8% yield

Now 24% undervalued

Upcoming dividend of US$0.23 per share at 7.0% yield

Main Street Capital Corporation announced that it has received $150 million in funding

Insufficient new directors

Upcoming dividend of US$0.23 per share at 7.6% yield

Main Street Capital Corporation to Report Q4, 2022 Results on Feb 23, 2023

Upcoming dividend of US$0.23 per share

Main Street Capital Corporation announced that it has received $100 million in funding

Upcoming dividend of US$0.10 per share

Upcoming dividend of US$0.22 per share

Main Street Capital Corporation Announces Supplemental Cash Dividend, Payable on December 28, 2022