Sundar PichaiSundar Pichai earned $164M in 2023

Armen Panossian is the CEO of Oaktree Specialty Lending Corporation, a role he assumed on September 30, 2019. With a solid background in finance, he is also the Chief Investment Officer of the company. Before stepping into the CEO position,...

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Armen Panossian

CEO of Oaktree Specialty Lending

Education

N/A

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1977 - 48 years ago

CEO of Oaktree Specialty Lending for

5 years 8 months (Sep 2019 - Present)

Previous Experience

Managing Director and Head of Liquid Credit of Oaktree Capital Management, portfolio manager for Oaktree's U.S. Senior Loan strategy

Holdings

See how much did Armen Panossian make over time.

Armen Panossian's insider holdings in Oaktree Specialty Lending Corporation as of January 2024 comprise 12,789 shares. Over time, his investments have fluctuated, reflecting his confidence in the company's growth. His shareholding represents a small fraction of the 78,965,350 total shares...

Mar 18, 2025

Insider Trading

See recent insider trades of Armen Panossian.

OCSL

13,370 shares

OCSL

Mar 19, 2021

Received

OCSL

$33.43K

OCSL at $4.46/share

May 27, 2020

Purchase

OCSL

$91.95K

OCSL at $5.25/share

Dec 3, 2019

Purchase

Compensation History

See how much did Armen Panossian make over time.

In 2023, Armen Panossian received no direct compensation from Oaktree Specialty Lending. Instead, his remuneration comes from Oaktree’s management structure, complying with the Investment Company Act which prevents direct compensation through stock options or bonuses. His past figures show a total reimbursement of $1.2 million in 2021, but this included various costs from Oaktree’s management. The lack of a traditional salary structure underscores a unique approach to executive compensation in the investment sector, focusing on aligning the CEO's interests with the broader performance of the company without direct stock incentives. This model aims to ensure that the company’s goals are clearly tied to operational performance rather than personal financial gain in the short term.

Year

2023

Total Compensation

$0.00

Salary

$0.00

Board Justification

The Company is prohibited under the Investment Company Act from issuing equity incentive compensation, including stock options, stock appreciation rights, restricted stock and stock, to its officers or directors.

Bonus

$0.00

Board Justification

No bonus structure exists as the CEO does not receive direct compensation from the Company.

Other

$0.00

Board Justification

The compensation of the principals and other investment professionals of the Adviser are paid by Oaktree or one of its affiliates, not directly by the Company.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants or options are provided to the CEO as per the Investment Company Act.

Performance Metrics

The CEO's performance is evaluated based on the overall performance of the Company and its investment strategies, but specific metrics are not detailed in the proxy statement.

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