Monroe Capital Corporation announced that Aaron Peck gave notice that Aaron will resign from his position as a director, chief investment officer and corporate secretary of the company, effective June 30, 2022 upon the appointment of his successors, to redirect his focus towards the growth plan for the opportunistic credit business of Monroe Capital LLC. In that regard, Mr. Peck will remain with Monroe Capital LLC and will continue to serve as co-head and portfolio manager of the Opportunistic Private Credit business of Monroe Capital LLC. The resignation was not due to any disagreement with the company on any matter relating to the company's operations, policies, practices or otherwise.

Board of directors of the company appointed Lewis (Mick) W. Solimene, Jr., age 62, to serve as the chief investment officer and corporate secretary of the company, effective June 30, 2022. Mr. Solimene has served as a managing director and portfolio manager of Monroe Capital LLC since July 2021 and has served as chief financial officer, chief investment officer, and corporate secretary of Monroe Capital Income Plus Corporation since January 2022. Prior to joining Monroe Capital LLC, Mr. Solimene served as a managing director and head of opportunistic investments for Allstate Investments, LLC, from 2016 to 2021.

From 2007 to 2016, Mr. Solimene was a senior managing director at Macquarie Capital. Mr. Solimene was also a managing director at Giuliani Capital Advisors LLC from 2004 to 2007. At Ernst & Young Corporate Finance LLC from 2000 to 2004, Mr. Solimene was a managing director specializing in providing strategic solutions for underperforming and over-leveraged companies.

From 1981 to 2000, Mr. Solimene held a number of leadership roles at Bank of America (and its predecessor, Continental Illinois National Bank and Trust Company), including as a managing director in the Global Special Situation Group where he managed a proprietary capital portfolio of stressed and distressed bank debt, private placements, high-yield bonds and equities. Mr. Solimene served on the board of Directors of Runway Growth Finance Corp. from January 2017 until June 2022.

In addition, Mr. Solimene currently serves on the boards of directors of a number of privately held companies and non-profit organizations. Mr. Solimene received a B.S. in Finance from Western Illinois University and an M.B.A. from The University of Chicago Booth School of Business. Board voted to appoint Caroline (Carey) Davidson as a class II director of the board, to fill the vacancy created by the resignation of Mr. Peck.

Ms. Davidson was appointed to serve as a member of the board until the 2023 annual meeting of stockholders, or until successor is duly elected and qualified. Ms. Davidson has served as a managing director and head of capital markets of Monroe Capital LLC since 2015. Ms. Davidson has over 20 years of experience in middle market investing.

Prior to Monroe, from 2011 to 2014, Ms. Davidson was a senior deal professional at The Carlyle Group's middle market private debt platform. Prior to Carlyle, Ms. Davidson was a founding professional at Churchill Financial from 2006 to 2011 and an Assistant Vice President at GE Antares Capital from 2004 to 2006. Ms. Davidson was recognized by mergers and acquisitions as one of 2017 and 2018's Most Influential Women in Mid-Market M&A. Ms. Davidson earned her M.B.A. from The University of Chicago Booth School of Business and her B.A. in Communications with a Certificate in Business from The University of Wisconsin – Madison.