Main Street Capital Management
Management criteria checks 3/4
Main Street Capital's CEO is Dwayne Hyzak, appointed in Nov 2018, he has a tenure of 4.5 years. His total yearly compensation is $7.08M , comprised of 9.3% salary and 90.7% bonuses, including company stock and options. He directly owns 0.58% of the company’s shares, worth $18.41M. The average tenure of the management team and the board of directors is 7.3 years and 7.5 years respectively.
Key information
Dwayne Hyzak
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 9.3% |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.6% |
| Management average tenure | 7.3yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Main Street Capital declares $0.225 dividend, $0.175 supplemental dividend
Feb 22Main Street completes $12.2M follow-on investment in Iron-Main
Feb 14Main Street Capital pursues fifth follow-on investment in Gamber-Johnson
Jan 24Main Street Capital's private loan portfolio activity abates from Q3
Jan 12Main Street invests $18.1M in World Micro Components
Dec 20Main Street Capital (NYSE:MAIN) Will Pay A Dividend Of $0.10
Dec 09
Main Street: A 7% Yielding Best-Of-Breed BDC
Dec 07Main Street Capital finances recapitalization of MetalForming
Oct 27Main Street: 34% Premium To NAV, Growing BV, 7.6% Yield
Oct 20Main Street Capital new commitments in private loan portfolio jump 44% in Q3
Oct 14Main Street: Why Investors Should Buy This Dip Despite Recession Fears
Sep 28Main Street Capital's (NYSE:MAIN) Upcoming Dividend Will Be Larger Than Last Year's
Sep 21Better Buy: Main Street's 6.9% Yield Or SLR Investment's 12.7%
Sep 19Main Street: Get Paid A 6.1% Yield On An 11.2% Yielding LMM Portfolio
Aug 28Main Street Capital (NYSE:MAIN) Is Increasing Its Dividend To $0.215
Aug 25Main Street Capital (NYSE:MAIN) Has Announced That It Will Be Increasing Its Dividend To $0.215
Aug 11Main Street Capital slides on offering of $50M common shares
Aug 10Main Street Capital raises dividend by 2.31% to $0.22 dividend; supplemental dividend of $0.10
Aug 02The Real Value In Main Is In Its Bonds
Jul 22Main Street discloses three follow-on investments worth $19.5M in three companies
Jul 12Main Street Capital: Why We Are Not Buying The Dip
Jul 01Main Street Capital: 40 Big-Dividend BDCs Compared
Jun 20Main Street Capital: 7% Yield Is The Entry Point I Have Waited For
May 24Main Street Capital: Why Your Kingdom Can Use This High-Yielder
May 09Main Street Capital: 7% Monthly Dividend Yield On Sale
Apr 12Main Street Capital: What Recent Acquisitions Tell Us About The Business
Apr 04Main Street Capital: Strong Q4 '21, 6% Monthly Dividends
Mar 06Main Street Stock: 6.1% Yield And Strong Dividend Growth
Feb 17Best-Of-Breed BDC About To Report A Strong Quarter: Main Street Capital
Feb 06Main Street Capital: One Of Those Stocks You Pray Will Drop So You Can Buy More
Jan 20Main Street Capital: 5.75% Dividend Yield, Monthly Payer
Dec 31Why Main Street Capital Is A Money Minting Machine
Nov 23Main Street Capital: Three Reasons To Buy
Nov 03Main Street Capital: The Ultimate Sleep-Well-At-Night BDC
Sep 22CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2017 | n/a | n/a | US$157m |
| Jun 30 2017 | n/a | n/a | US$165m |
| Mar 31 2017 | n/a | n/a | US$154m |
| Dec 31 2016 | US$3m | US$499k | US$139m |
Compensation vs Market: Dwayne's total compensation ($USD7.08M) is about average for companies of similar size in the US market ($USD6.80M).
Compensation vs Earnings: Dwayne's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dwayne Hyzak (49 yo)
4.5yrs
Tenure
US$7,081,320
Compensation
Mr. Dwayne Louis Hyzak, CPA, serves as Director at Gulf Publishing Holdings LLC. He serves as Chief Executive Officer, Senior Managing Director and Chairman of the Board at MSC Income Fund, Inc. (formerly...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.5yrs | US$7.08m | 0.58% $ 18.4m | |
| President | 11.8yrs | US$6.15m | 0.54% $ 17.3m | |
| CFO, Treasurer | 3.8yrs | US$5.96m | 0.25% $ 8.1m | |
| Executive VP | 15.3yrs | US$3.45m | 0.22% $ 7.2m | |
| Vice President & Chief Accounting Officer | less than a year | no data | 0.0050% $ 158.6k | |
| Investor Relations Contact | no data | no data | no data | |
| Business Development and Marketing Senior Associate | 1.3yrs | no data | no data | |
| Human Resource Manager | no data | no data | no data | |
| Managing Director | 6.3yrs | no data | no data | |
| Managing Director | 11.3yrs | US$1.43m | 0.12% $ 3.8m | |
| Managing Director | 11.3yrs | no data | no data | |
| Managing Director | 8.3yrs | no data | no data |
7.3yrs
Average Tenure
46yo
Average Age
Experienced Management: MAIN's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.3yrs | US$7.08m | 0.58% $ 18.4m | |
| Independent Director | 7.5yrs | US$254.99k | 0.049% $ 1.6m | |
| Chairman & Non-Executive Senior Advisor | 16.3yrs | US$413.73k | 2.32% $ 74.1m | |
| Independent Director | 3.2yrs | US$227.49k | 0.0053% $ 168.9k | |
| Lead Independent Director | 9.8yrs | US$287.49k | 0.082% $ 2.6m | |
| Independent Director | 11.8yrs | US$259.99k | 0.074% $ 2.4m | |
| Independent Director | 7.5yrs | US$244.99k | 0.044% $ 1.4m |
7.5yrs
Average Tenure
61yo
Average Age
Experienced Board: MAIN's board of directors are considered experienced (7.5 years average tenure).