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MSC Income Fund Board Approves CEO Succession Plan
In a regulatory filing earlier, MSC Income Fund announced that its board of directors approved a CEO succession plan for MSC Income. Pursuant to the Plan, Dwayne L. Hyzak, who has served as MSC Income's Chairman and CEO since October 2020, will transition the role and responsibilities of CEO to Nicholas T. Meserve, with this transition currently expected to occur in the fourth quarter of 2026. Following the transition, Hyzak will serve as MSC Income's Executive Chairman, and in this capacity he will work closely with Meserve as CEO. The Board's approval of the Plan does not constitute an immediate appointment of Meserve as CEO or Myzak as Executive Chairman. Meserve currently serves as a Managing Director of MSC Income and group head of its private credit investment team.
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