R. Kipp deVeer is the CEO of Ares Capital Corporation, a significant player in the investment landscape. He has been with Ares since 2004, moving up through the ranks to become CEO in 2014. His background is rooted in finance,...

R. Kipp deVeer is the CEO of Ares Capital Corporation, a significant player in the investment landscape. He has been with Ares since 2004, moving up through the ranks to become CEO in 2014. His background is rooted in finance, which aligns well with the company's strategy. Interestingly, Kipp does not take a direct salary from Ares Capital. Instead, his compensation comes from Ares Management, linking his success to the company's performance. Under his leadership, Ares Capital has focused on providing attractive risk-adjusted returns to its investors. Kipp has also been part of major investment committees, molding the company's direction in direct lending. Notably, his insider trading activity shows a consistent engagement with the company's shares, peaking in value significantly over recent years. He holds a degree from Yale and an MBA from Stanford, showcasing a strong educational foundation that reinforces his capabilities in finance.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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R. Kipp deVeer

Ex-CEO of Ares Capital

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of Ares Capital for

-1 years -2 months (Oct 2015 - Jul 2014)

Previous Experience

Chief Executive Officer

Rivals

Competitors/colleagues of R. Kipp deVeer

H

Scott Bluestein

CEO of Hercules Capital

2023 Compensation

Stock

$0.00

Salary

$650.00K

Bonus

$3.20M

Other

$22.50K

Total Holdings

$40.93M

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 R. Kipp deVeer make over time.

Kipp deVeer's holdings in Ares Capital have seen substantial fluctuations over the years. From September 2019 to February 2021, the value of his holdings rose sharply, reaching as high as $6.05 million, before becoming more stable around $34-$36 million in...

Kipp deVeer's holdings in Ares Capital have seen substantial fluctuations over the years. From September 2019 to February 2021, the value of his holdings rose sharply, reaching as high as $6.05 million, before becoming more stable around $34-$36 million in 2023. This indicates he has consistently invested in the company's growth, as his wealth in Ares Capital reflects his belief in its trajectory. Most recently, by September 2024, the value of his holdings stands at around $36.90 million. This journey highlights not just personal investment but also a commitment to the company’s success, showing confidence in Ares' strategy and management.

Mar 17, 2025

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shares

ARCC @ $21.65

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shares

ARES @ $147.11

Total Stock Sold

$185.91M

ARES

$185.91M

2,334,382 ARES shares

What if they kept their stock?

If R. Kipp deVeer didn't sell their stock, today they would have:
Extra ARES2,334,382 shares worth $92.21M.
This is -50.4% and $93.70M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of R. Kipp deVeer.

ARES

250,000 shares

ARES

Jan 31, 2025

Received

ARES

$53.17M

ARES at $177.25/share

Dec 6, 2024

Sale

ARES

$6.26M

ARES at $150.21/share

Jul 22, 2024

Sale

ARES

$28.78M

ARES at $135.84/share

Feb 14, 2024

Sale

ARES

600,000 shares

ARES

Jan 31, 2024

Received

ARES

$8.57M

ARES at $105.14/share

Sep 8, 2023

Sale

ARES

$19.97M

ARES at $99.83/share

Aug 8, 2023

Sale

ARES

200,000 shares

ARES

Jan 31, 2023

Received

ARES

200,000 shares

ARES

Jan 31, 2022

Received

ARES

$7.75M

ARES at $86.74/share

Nov 8, 2021

Sale

Compensation History

See how much did R. Kipp deVeer make over time.

In terms of compensation, Kipp deVeer's situation is unique, as he does not receive direct pay from Ares Capital. Instead, his earnings come from Ares Management Corporation, which aligns his interests with the company's overall performance. This arrangement is designed to ensure that executives' interests are in line with those of shareholders. For example, in 2021, Kipp had a total compensation of $550,000 from Ares Management, which included a base salary, bonus, and other forms of compensation. However, no stock options or grants were reported, emphasizing a model where direct compensation is minimized, likely to avoid misalignment with the company’s long-term goals. This strategy reflects a keen focus on performance and sustainable growth, which can appeal to investors seeking transparency and accountability.

Year

2023

Total Compensation

$0.00

Salary

$0.00

Board Justification

The Company does not have employees and executive officers are compensated by Ares Management, aligning their interests with the performance of the Company.

Bonus

$0.00

Board Justification

No direct compensation is paid to the CEO as he is compensated by Ares Management and its affiliates.

Other

$0.00

Board Justification

No other compensation reported for 2023.

Restricted Stock

$0.00(0 N/A)

Board Justification

No vested stock reported for 2023.

Performance Metrics

No specific performance metrics reported for determining compensation.