Hercules Capital Announces Executive Leadership Changes: CFO Meyer Promoted to President, Olson Appointed New CFO

summarizeSummary

Hercules Capital announced that its CFO, Seth H. Meyer, will become President, and Andrew Olson, a former interim CFO for the company, will take over as the new Chief Financial Officer.

check_boxKey Events

• CFO Promoted to President

  Seth H. Meyer, the current Chief Financial Officer, will transition to the role of President of Hercules Capital, effective May 18, 2026. He will continue to report to the CEO.

• New Chief Financial Officer Appointed

  Andrew Olson has been appointed as the new Chief Financial Officer and Head of Corporate Development, succeeding Mr. Meyer. Mr. Olson will also serve as the principal financial and accounting officer, effective May 18, 2026.

• Experienced New CFO

  Mr. Olson brings extensive experience, having previously served as Partner, CFO, and COO of Revelation Partners, CFO of SVB Capital, and CFO of TriplePoint Capital. He also served as Interim Chief Financial Officer for Hercules Capital from 2014 to 2017.

• Supplement to Proxy Statement

  This DEFA14A filing supplements the definitive proxy statement filed on April 23, 2026, providing updated information regarding the executive leadership changes ahead of the Annual Meeting on June 18, 2026.

auto_awesomeAnalysis

Hercules Capital has announced a significant reorganization of its executive leadership team. The current Chief Financial Officer, Seth H. Meyer, will transition to the role of President, indicating a strategic internal promotion. Andrew Olson, who previously served as Interim CFO for Hercules Capital and held CFO roles at other financial firms, has been appointed as the new Chief Financial Officer and Head of Corporate Development. This move suggests a planned succession and brings in a highly experienced individual with prior knowledge of the company, which should ensure continuity and stability in financial leadership.