Robert A. Hamwee is the CEO of New Mountain Finance Corporation (NMFC), a position he has held since 2010. He has a strong background in finance, having earned his B.S. from Binghamton University. Notably, Mr. Hamwee has a unique compensation...
Robert A. Hamwee is the CEO of New Mountain Finance Corporation (NMFC), a position he has held since 2010. He has a strong background in finance, having earned his B.S. from Binghamton University. Notably, Mr. Hamwee has a unique compensation structure; NMFC does not directly compensate its CEO or executive officers. Instead, their pay is managed through an Investment Adviser. Interestingly, during his tenure, he has focused on growing NMFC’s portfolio and navigating the financial landscape effectively, showcasing his experience in investment management. Hamwee's insider trading history demonstrates significant activity, wherein his holdings grew impressively over a few years, reaching nearly $7 to $8 million by late 2023, reflecting his confidence in NMFC as well as his commitment to aligning his interests with shareholders. Despite the lack of direct compensation, his role remains pivotal in steering NMFC toward its long-term goals, highlighting that sometimes success is not just about the paycheck. Amidst changes in leadership structure, like the recent transition of the CEO role to John Kline, Hamwee continues to be an influential figure as Vice Chairman, maintaining a presence in strategic decision-making.