Christian L. Oberbeck is the Chief Executive Officer and Chairman of Saratoga Investment Corp., a role he's held since 2010. With an MBA from Columbia University, he has over 37 years of experience in finance, focusing on leveraged finance, private...

Christian L. Oberbeck is the Chief Executive Officer and Chairman of Saratoga Investment Corp., a role he's held since 2010. With an MBA from Columbia University, he has over 37 years of experience in finance, focusing on leveraged finance, private equity, and distressed investing. Before leading Saratoga, he worked at Castle Harlan, a corporate buyout firm. Interestingly, Oberbeck does not receive traditional compensation like salary or bonuses from the company, as executive officers are paid through their investment adviser, Saratoga Investment Advisors. His financial interests are significant; he was involved in insider transactions amounting to millions, peaking at around $27.80 million in 2021. He actively manages Saratoga's investments, holding a strong majority of the company’s shares, which reflects his commitment to the firm's success. Oberbeck's transparency about his financial methods is notable; he disclosed that he has pledged a portion of his shares as collateral for loans. Overall, his leadership combines deep expertise in finance with a unique approach to executive compensation and investment management.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

S

Christian L. Oberbeck

CEO of Saratoga Investment Corp.

Education

MBA from Columbia University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1960 - 65 years ago

CEO of Saratoga Investment Corp. for

15 years 3 months (Jan 2010 - Present)

Previous Experience

Managing Partner of Saratoga Partners

Rivals

Competitors/colleagues of Christian L. Oberbeck

Holdings

See how much did Christian L. Oberbeck make over time.

Christian L. Oberbeck's holdings in Saratoga Investment Corp. are significant, showing a strong commitment to the company. In recent years, his holdings fluctuated notably. At their peak in September 2021, his holdings were valued at approximately $27.80 million. Recently, as...

Christian L. Oberbeck's holdings in Saratoga Investment Corp. are significant, showing a strong commitment to the company. In recent years, his holdings fluctuated notably. At their peak in September 2021, his holdings were valued at approximately $27.80 million. Recently, as of 2023, his holdings hovered around $23.91 million, reflecting a decrease but still indicating he maintains a large stake in the firm. Oberbeck's holdings consist mainly of his common shares, with some held through family members and a limited partnership. He has also pledged 600,000 shares as collateral for funding, which underscores his confidence and financial strategy. His large position implicates how much he invests in the company's future and aligns his interests with those of shareholders.

Total Stock Sold

$973.95K

SAR

$973.95K

43,000 SAR shares

What if they kept their stock?

If Christian L. Oberbeck didn't sell their stock, today they would have:
Extra SAR43,000 shares worth $576.63K.
This is -40.79% and $397.32K less than what they got when they sold the stock.

Charitable Transactions

SAR

65,256 shares

SAR

Recent Charitable Transactions

SAR

11,180 shares

SAR

Dec 13, 2023

Charity

SAR

10,899 shares

SAR

Dec 5, 2022

Charity

SAR

9,860 shares

SAR

Dec 9, 2021

Charity

SAR

9,860 shares

SAR

Feb 28, 2021

Charity

SAR

9,860 shares

SAR

Feb 29, 2020

Charity

SAR

6,797 shares

SAR

Feb 28, 2019

Charity

Insider Trading

See recent insider trades of Christian L. Oberbeck.

SAR

11,180 shares

SAR

Dec 13, 2023

Charity

SAR

6,708 shares

SAR

Dec 13, 2023

Charity

SAR

$47.62K

SAR at $23.81/share

May 4, 2023

Purchase

SAR

10,899 shares

SAR

Dec 5, 2022

Charity

SAR

6,312 shares

SAR

Dec 5, 2022

Charity

SAR

9,860 shares

SAR

Dec 9, 2021

Charity

SAR

5,916 shares

SAR

Dec 9, 2021

Charity

SAR

9,860 shares

SAR

Feb 28, 2021

Charity

SAR

5,916 shares

SAR

Feb 28, 2021

Charity

SAR

$123.13K

SAR at $17.59/share

Aug 10, 2020

Purchase

Compensation History

See how much did Christian L. Oberbeck make over time.

Christian L. Oberbeck’s compensation is quite different from traditional executive pay structures. For 2023, he reported zero in salary, bonuses, stock grants, or other compensation, indicating that Saratoga Investment Corp. does not directly compensate its executives. Instead, they are paid via Saratoga Investment Advisors, the firm managing the investment advisory services for the company. This unique approach emphasizes a more performance-driven pay method, allowing executives to focus on managing and growing the investments rather than drawing a salary. By not taking a traditional paycheck, Oberbeck's strategy aligns his financial interests with that of the shareholders. His lack of formal compensation highlights a distinct philosophy where success is measured by the firm’s performance and return to investors.

Year

2023

Total Compensation

$0.00

Salary

$0.00

Board Justification

The company does not provide compensation to its executive officers directly; they are compensated through the investment adviser, Saratoga Investment Advisors.

Bonus

$0.00

Board Justification

No bonus was paid to the CEO in 2023.

Other

$0.00

Board Justification

No other compensation was paid to the CEO in 2023.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested for the CEO in 2023.

Performance Metrics

The CEO's compensation is not tied to specific performance metrics as the company does not compensate its executives directly.