Saratoga Investment CFO Steenkamp to step down Oct. 31

Saratoga Investment Corp., a business development company regulated under the Investment Company Act of 1940, announced that CFO Henri Steenkamp will resign from his executive positions on October 31, 2026, for health-related reasons. Steenkamp will continue to work with the company as a consultant and will retain his position on the Board of Directors, serving as CFO of the company's SBIC subsidiaries.

To fill the leadership vacuum, three appointments were made effective October 31. Christine Ramdihal was promoted to Chief Accounting Officer and Treasurer, Rochelle Kracoff took on the roles of Chief Compliance Officer and Secretary, and James Soltesz was appointed as Investment Manager and Vice President of Capital Markets. Ramdihal, who has served as Controller for nearly ten years, previously held audit positions at CBIZ and BDO.

Kracoff joined Saratoga Investment in 2017 and previously served as Assistant Chief Compliance Officer and Treasury Manager.

Christian L. Oberbeck, Chairman and CEO of Saratoga Investment, expressed condolences for Steenkamp's health-related reasons, while also commending him for prioritizing his well-being. Steenkamp stated that while he is stepping away from his executive responsibilities, he remains committed to the company's long-term success. Saratoga Investment specializes in providing customized financing solutions to U.S. middle-market businesses.