Dwayne L. Hyzak has been the CEO of Main Street Capital Corporation since November 2018. He has a strong background in finance, holding a Bachelor's degree in Finance from the University of Texas at Austin. Before becoming CEO, he served as the Chief Operating Officer and Chief Financial Officer at the company, which he joined in 2011. Hyzak's leadership is characterized by a focus on corporate performance and shareholder returns. In 2023, his total compensation was $7,586,680, which included bonuses based on both individual achievements and the company’s financial success. His deep knowledge of the financial industry is complemented by his long tenure in various roles within Main Street, where he has consistently driven growth and outlined strategies for investment in lower middle-market companies. Hyzak also plays a role in the company’s investment committee, making him a key player in its strategic direction. Under his leadership, Main Street Capital has seen significant achievements, including increased dividends for shareholders and a growth in net asset value.

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Dwayne L. Hyzak

CEO of Main Street Capital

Education

Bachelor's degree in Finance from the University of Texas at Austin

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1978 - 47 years ago

CEO of Main Street Capital for

6 years 6 months (Nov 2018 - Present)

Previous Experience

Chief Operating Officer since 2014, President since 2015, and member of the investment committee.

Rivals

Competitors/colleagues of Dwayne L. Hyzak

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

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

Scott Bluestein

CEO of Hercules Capital

2023 Compensation

Stock

$0.00

Salary

$650.00K

Bonus

$3.20M

Other

$22.50K

Total Holdings

$40.93M

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

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

Holdings

See how much did Dwayne L. Hyzak make over time.

Dwayne L. Hyzak holds a significant amount of restricted stock in Main Street Capital Corporation, reflecting his strong belief in the company's success. As of 2021, he had 84,736 shares of stock that had not yet vested, valued at approximately $3.8 million. His stock awards are granted through equity incentive plans and are structured to vest over a three-year period. This means Hyzak has a vested interest in the company's long-term performance. Vested stock awards he received in 2021 alone were worth about $1.5 million, highlighting his level of commitment to Main Street Capital. Since he started, his wealth has been closely tied to the growth of the company, showing that he aims to align his financial success with that of his shareholders.

Mar 18, 2025

MAIN @ $57.63

Total Stock Sold

$7.73M

MAIN

$7.73M

205,010 MAIN shares

What if they kept their stock?

If Dwayne L. Hyzak didn't sell their stock, today they would have:
Extra MAIN205,010 shares worth $6.43M.
This is -16.87% and $1.30M less than what they got when they sold the stock.

Charitable Transactions

MAIN

36,366 shares

MAIN

Recent Charitable Transactions

MAIN

8,500 shares

MAIN

Jun 27, 2024

Charity

MAIN

2,250 shares

MAIN

Dec 26, 2019

Charity

MAIN

3,000 shares

MAIN

Dec 27, 2018

Charity

MAIN

4,950 shares

MAIN

Dec 15, 2017

Charity

MAIN

6,750 shares

MAIN

Dec 23, 2016

Charity

MAIN

9,250 shares

MAIN

Dec 24, 2015

Charity

Insider Trading

See recent insider trades of Dwayne L. Hyzak.

MAIN

8,500 shares

MAIN

Jun 27, 2024

Charity

MAIN

78,085 shares

MAIN

Apr 1, 2024

Received

MAIN

80,962 shares

MAIN

Apr 1, 2023

Received

MAIN

75,821 shares

MAIN

Apr 1, 2022

Received

MAIN

$4.25M

MAIN at $42.45/share

Mar 29, 2022

Sale

MAIN

44,491 shares

MAIN

Apr 1, 2021

Received

MAIN

41,824 shares

MAIN

Apr 1, 2020

Received

MAIN

$25.43K

MAIN at $18.84/share

Mar 19, 2020

Purchase

MAIN

$25.72K

MAIN at $15.13/share

Mar 18, 2020

Purchase

MAIN

2,250 shares

MAIN

Dec 26, 2019

Charity

Compensation History

See how much did Dwayne L. Hyzak make over time.

Dwayne L. Hyzak's compensation for his role as the CEO of Main Street Capital Corporation highlights the results-driven nature of his leadership. In 2023, he earned a total of $7,586,680, which included a base salary of $691,250, a sizable bonus of $3.6 million reflecting his performance and the company's success, and additional stock awards valued at over $2 million. This mix of compensation emphasizes his focus on aligning executive pay with corporate performance. His previous years also showed fluctuating, but overall high, levels of income pegged to strong company results. This setup rewards him for achieving financial goals, increasing dividends for shareholders, and significantly contributing to the company's growth. Overall, Hyzak's compensation package seems designed to motivate him to perform while securing the interests of investors and stakeholders alike.

Year

2023

Total Compensation

$6.67M

Salary

$691.25K

Board Justification

The compensation system is designed to attract and retain key executives, motivate them to achieve the Company’s business objectives, and reward them for performance while aligning management’s interests with those of the Company’s stockholders.

Bonus

$3.60M

Board Justification

Annual cash bonuses earned based on individual and corporate performance as determined by the Compensation Committee.

Other

$249.19K

Board Justification

Includes employer matching contributions in the 401(k) plan, employer reimbursements for approved concierge medical services, and reimbursement for approved club membership expenses.

Restricted Stock

$2.13M(53.56K restricted stock)

Board Justification

Shares of restricted stock that vested during the fiscal year 2023.

Performance Metrics

Performance metrics include significant overperformance of corporate financial objectives, increases in dividends paid to stockholders, and individual performance contributions.

Other Main Street Capital CEOs

Here are other CEOs of Main Street Capital

Vincent D. Foster

Founder and Ex-CEO of Main Street Capital

January 2007 - November 2018