Gladstone Investment Corporation (NASDAQ:GAIN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Gladstone Investment Corporation (NASDAQ:GAIN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October10, 2017, Gladstone Investment Corporation (the “Company”) appointed Nicole Schaltenbrand to serve in a temporary capacity as Acting Principal Financial Officer, with such appointment effective immediately. This appointment was made in consideration of the Company’s current Chief Financial Officer and Treasurer, Julia Ryan, taking a temporary family medical leave of absence. Ms.Ryan’s temporary leave of absence will end in January 2018, and, at that point in time, she will return to her position as Chief Financial Officer and Treasurer.

Ms.Schaltenbrand, age 35, is the current Chief Financial Officer and Treasurer of Gladstone Capital Corporation (“Gladstone Capital”), an affiliate of the Company, serving as Chief Financial Officer and Treasurer since March 2016 and Chief Accounting Officer from November 2015 to March 2016. Prior to joining Gladstone Capital, Ms.Schaltenbrand worked as a senior manager of SEC reporting and accounting policy at National Rural Utilities Cooperative Finance Corporation in Dulles, VA from May 2012 to November 2015. Ms.Schaltenbrand also worked as a senior manager in the assurance practice of KPMG LLP in McLean, VA from September 2004 to May 2012.


About Gladstone Investment Corporation (NASDAQ:GAIN)

Gladstone Investment Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities, generally in combination with the aforementioned debt securities, of businesses that it believes can grow over time to permit it to sell its equity investments for capital gains. It has investments in sectors, such as chemicals, plastics, and rubber, and home and office furnishings, house wares, and durable consumer products, among others. Its investment advisor is Gladstone Management Corporation.

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