TCG BDC Appoints Thomas Hennigan to Board

TCG BDC ( (CGBD) ) has provided an update.

On April 29, 2025, Mark Jenkins resigned from the Board of Directors of Carlyle Secured Lending, Inc., while retaining his role as Managing Director and Head of Global Credit at The Carlyle Group. The Board appointed Thomas Hennigan, a seasoned executive with extensive experience in financial management and risk assessment, as a Class II director to fill the vacancy. Mr. Hennigan’s appointment is expected to bring valuable insights to the Board, leveraging his deep understanding of the company’s operations and industry.

Spark’s Take on CGBD Stock

According to Spark, TipRanks’ AI Analyst, CGBD is a Neutral.

CGBD’s stock score reflects a solid financial foundation and strong valuation metrics. The recent strategic merger and robust dividend yield are key strengths. However, technical indicators show bearish trends, and recent financial performance poses some risks. The company’s earnings call provides a positive outlook with strategic growth initiatives.

To see Spark’s full report on CGBD stock, click here.

More about TCG BDC

YTD Price Performance: -15.41%

Average Trading Volume: 307,827

Technical Sentiment Signal: Buy

Current Market Cap: $1.08B

For an in-depth examination of CGBD stock, go to TipRanks’ Stock Analysis page.