PennantPark Investment Management
Management criteria checks 1/4
PennantPark Investment's CEO is Art Penn, appointed in Jan 2007, has a tenure of 17.33 years. directly owns 0.3% of the company’s shares, worth $1.38M. The average tenure of the management team and the board of directors is 1.9 years and 17.3 years respectively.
Key information
Art Penn
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 17.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.9yrs |
| Board average tenure | 17.3yrs |
Recent management updates
Recent updates
PennantPark Investment: Higher Yielding Monthly Distribution, But Lower Total Return
Apr 02PennantPark Investment: From Suboptimal To Completely Unattractive Investment
Mar 15PennantPark Investment Remains Attractive After Solid Q4 Results
Feb 20PennantPark Investment: 12% Yielding BDC
Feb 11PennantPark Investment: Not Ticking All The Necessary Boxes For A Solid Defense
Jan 07PennantPark Investment: Buy For Dividend, Treat As Cyclical
Dec 04PennantPark Investment: Should You Buy The 13% Yield For 2024?
Nov 27PennantPark: Attractive Yield At A Discount
Oct 13PennantPark Investment: Strong Performance, Monthly Dividend, But Over-Diversified Portfolio
Sep 18PennantPark Investment: A Growing 12%+ Yielder
Sep 12PennantPark: Buying Undervalued Assets In An Overvalued Debt Market
Aug 08PennantPark: Big Win From Dominion/Fox Settlement
Jun 11PennantPark Investment raises quarterly dividend by 12.1% to $0.185/share
Feb 08PennantPark: A Smart Investment To Avoid Recessionary Headwinds
Jan 14PennantPark Investment FQ4 2022 Earnings Preview
Nov 15PennantPark Investment NII of $0.16 beats by $0.06, Total investment income of $23.35M misses by $0.16M
Aug 03PennantPark: Going All In Is A Recipe For Disaster
Jul 11Rose's Income Garden 87 Stock Portfolio November Transactions With 8+ Buy Ideas
Dec 29Dividend Increase Coming For PennantPark
Nov 21PennantPark Investment appoints Richard Cheung as new CFO
Jun 21PennantPark Investment 2021 Q2 - Results - Earnings Call Presentation
May 06PennantPark Investment declares $0.12 dividend
Dec 02PennantPark Investment: 11.3% Yield With Large Discount To NAV
Nov 21PennantPark Investment misses on total investment income
Nov 19CEO
Art Penn (60 yo)
17.3yrs
Tenure
Mr. Arthur Howard Penn, also known as Art, has been Chief Executive Officer of MCG Capital Corporation since August 18, 2015. Mr. Penn is the Founder of PennantPark Investment Advisers, LLC and served as i...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.3yrs | no data | 0.30% $ 1.4m | |
| CFO & Treasurer | 1.9yrs | no data | 0.023% $ 106.8k | |
| Senior Partner | 14.4yrs | no data | 0.42% $ 1.9m | |
| Manager of Operations | 1.5yrs | no data | no data | |
| Corporate Counsel | no data | no data | no data | |
| Chief Compliance Officer | less than a year | no data | no data | |
| Senior VP of Marketing | less than a year | no data | no data | |
| Director of Human Resources of Miami | less than a year | no data | no data | |
| Partner of New York | 12.8yrs | no data | no data | |
| Partner of Miami | 11.7yrs | no data | no data | |
| Senior Partner & Portfolio Manager | no data | no data | no data | |
| Managing Director of New York | no data | no data | no data |
1.9yrs
Average Tenure
53yo
Average Age
Experienced Management: PNNT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.3yrs | no data | 0.30% $ 1.4m | |
| Senior Partner | 2yrs | no data | 0.42% $ 1.9m | |
| Independent Director | 17.3yrs | US$132.50k | 0.39% $ 1.8m | |
| Independent Director | 17.3yrs | US$132.50k | 0.46% $ 2.1m | |
| Independent Director | 17.3yrs | US$122.50k | 0.048% $ 221.9k | |
| Independent Director | 17.3yrs | US$122.50k | 0.033% $ 154.4k |
17.3yrs
Average Tenure
59yo
Average Age
Experienced Board: PNNT's board of directors are seasoned and experienced ( 17.3 years average tenure).