Arthur Penn, born in 1972, holds a B.A. in Finance from the University of Pennsylvania. He currently serves as the CEO of PennantPark Floating Rate Capital Ltd. and has been in that role since early June 2021. Prior to his...

Arthur Penn, born in 1972, holds a B.A. in Finance from the University of Pennsylvania. He currently serves as the CEO of PennantPark Floating Rate Capital Ltd. and has been in that role since early June 2021. Prior to his current position, he worked at Pennant Investment. One interesting thing about Arthur's compensation is that he has not received any direct salary, bonuses, or stock options in recent years. This aligns with the company's governance philosophy, which does not award incentive-based compensation to its executives. Instead, the company compensates its executives through its Investment Adviser and Administrator structure. Despite not taking a salary, his involvement in insider trading shows significant financial engagement—reported trades approached up to $13.79 million recently. His steady and consistent trading history suggests confidence in the company’s growth and direction. Arthur's expertise in finance plays a vital role in guiding the company through the fluctuations of the market, and his leadership continues to shape the financial landscape.