Bruce J. Spohler has been leading SLR Investment Corp. since June 2019. He has a strong background in finance and serves as the CEO of a company that aligns its compensation with performance metrics based on profits earned. Interestingly, despite...

Bruce J. Spohler has been leading SLR Investment Corp. since June 2019. He has a strong background in finance and serves as the CEO of a company that aligns its compensation with performance metrics based on profits earned. Interestingly, despite being the CEO, Bruce has not received any direct compensation, bonuses, or stock grants from the company in the past few years. Instead, his compensation comes from the success of SLR Capital Partners. Fluctuations in his personal holdings have been significant, with peaks reaching as high as $67.05 million in June 2024. It’s notable that he worked at SLR Investment Corp. continuously until August 2023, indicating a stable presence in the leadership role. This approach reflects a strong commitment to the company's long-term performance rather than immediate personal gain, which is quite rare for a CEO.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

S

Bruce J. Spohler

Ex-CEO of SLR Investment Corp.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of SLR Investment Corp. for

4 years 2 months (Jun 2019 - Aug 2023)

Previous Experience

Senior Vice President of Solar Capital LLC from inception in February 2007; Chief Operating Officer since December 2007; Chief Operating Officer and Director of Solar Senior Capital Ltd. since December 2010; Chief Operating Officer and Director of SCP Private Credit Income BDC LLC since 2018.

Rivals

Competitors/colleagues of Bruce J. Spohler

A

R. Kipp deVeer

CEO of Ares Capital

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$187.28M

P

Arthur Penn

CEO of PennantPark Floating Rate Capital

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$12.99M

O

Armen Panossian

CEO of Oaktree Specialty Lending

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$201.44K

S

Joshua Easterly

CEO of Sixth Street Specialty Lending

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$1.12M

M

Dwayne L. Hyzak

CEO of Main Street Capital

2023 Compensation

Stock

$2.13M

Salary

$691.25K

Bonus

$3.60M

Other

$249.19K

Total Holdings

$29.85M

Holdings

See how much did Bruce J. Spohler make over time.

As of June 2024, Bruce J. Spohler's holdings reached $67.05 million, peaking from previous values below $50 million just a couple of years earlier. His wealth was approximately $47.77 million in September 2019, staying fairly consistent after that. Throughout 2020,...

As of June 2024, Bruce J. Spohler's holdings reached $67.05 million, peaking from previous values below $50 million just a couple of years earlier. His wealth was approximately $47.77 million in September 2019, staying fairly consistent after that. Throughout 2020, the value dipped as low as $30.60 million but rebounded to over $48 million by early 2022. Fluctuations continued, with a noticeable rise each year. In late 2023 and early 2024, his holdings have consistently remained above $58 million, showing a healthy growth trend. This growth reflects not just the stability of SLR Capital Partners but also Bruce’s strategic decisions as a leader.

Insider Trading

See recent insider trades of Bruce J. Spohler.

SLRC

311,588.031 shares

SLRC

Mar 13, 2025

Received

SLRC

$1.41M

SLRC at $17.58/share

Mar 4, 2025

Purchase

SLRC

$1.41M

SLRC at $17.58/share

Mar 4, 2025

Received

SLRC

202,577.385 shares

SLRC

Mar 13, 2024

Received

SLRC

$1.81M

SLRC at $15.63/share

Mar 6, 2024

Purchase

SLRC

$1.31M

SLRC at $15.16/share

Mar 4, 2024

Purchase

SLRC

$552.66K

SLRC at $15.96/share

Mar 8, 2023

Purchase

SLRC

$2.38M

SLRC at $15.64/share

Mar 3, 2023

Purchase

SLRC

138,033.473 shares

SLRC

Mar 3, 2023

Received

SLRC

$953.03K

SLRC at $14.96/share

Dec 5, 2022

Purchase

Compensation History

See how much did Bruce J. Spohler make over time.

Interestingly, Bruce J. Spohler’s compensation is as unconventional as it gets. Since he took the helm at SLR Investment Corp., he has not taken any direct salary, bonuses, or stock options. Instead, his earnings rely entirely on the profits earned by SLR Capital Partners, the investment adviser to the company. This means his financial success is tied directly to the company’s performance, a philosophy that aligns the CEO’s interests with those of the shareholders. The company’s compensation strategy focuses on performance metrics that evaluate profit growth and sustainability. For the years 2020 to 2022, reported compensation was consistently zero, showing his commitment to long-term value creation over immediate rewards.

Year

2022

Total Compensation

$0.00

Salary

$0.00

Board Justification

The compensation philosophy aligns with the company's performance and is based on the profits earned by SLR Capital Partners, which includes fees payable by the company to SLR Capital Partners under the terms of the Advisory Agreement, less expenses incurred by SLR Capital Partners in performing its services.

Bonus

$0.00

Board Justification

No bonus was paid to the CEO in 2022.

Other

$0.00

Board Justification

No other compensation was paid to the CEO in 2022.

Restricted Stock

$0.00(0 common stock)

Board Justification

No stock was vested for the CEO in 2022.

Performance Metrics

The performance metrics for determining compensation are based on the profits earned by SLR Capital Partners.