Mathew M. Pendo is the President and Chief Operating Officer of Oaktree Specialty Lending Corporation. He has been with the company since its restructuring in 2017, when significant leadership changes were made. His background is impressive; he previously served as...

Mathew M. Pendo is the President and Chief Operating Officer of Oaktree Specialty Lending Corporation. He has been with the company since its restructuring in 2017, when significant leadership changes were made. His background is impressive; he previously served as the chief investment officer for the Troubled Asset Relief Program (TARP) at the U.S. Department of Treasury, where he managed a vast portfolio and led a team responsible for pivotal investments in major firms during a financial crisis. Pendo’s earlier experiences include roles at Merrill Lynch and Barclays Capital, showing a deep understanding of investment banking and capital markets. Interestingly, his compensation setup is quite unique: the company does not directly pay him, as his salary and rewards are managed by Oaktree Capital Management, the firm serving as an adviser. For 2022, he was reported to have a total compensation of $375,000, a mix of salary and bonuses based on company performance. However, his 2023 compensation data shows no direct payment, highlighting an atypical structure that ties executive pay to overall corporate performance rather than fixed salaries. These elements reflect Pendo’s strategic vision in navigating the company’s challenges in a highly competitive arena.