Great Elm Capital Group, Inc. Announces Board Change
April 01, 2020 at 06:10 am EDT
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Great Elm Capital Group, Inc. announced that on March 31, 2020, Mark A. Snell tendered his notice of resignation from the Board of Directors of the Company. Mr. Snell has indicated to the Company that his resignation is not the result of any dispute or disagreement with the Company. On March 31, 2020, the Board appointed James H. Hugar to fill the vacancy on the Board resulting from Mr. Snell’s resignation. Mr. Hugar has been appointed to serve as chair of the Audit Committee and as a member of the Nominating and Corporate Governance Committee. Mr. Hugar will be eligible for re-election along with all of the Company’s existing directors at the Company’s 2020 Annual Meeting of Stockholders.
Great Elm Group, Inc. is an alternative asset management company. The Company is focused on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The Company and its subsidiaries manage Great Elm Capital Corp., a business development company, and Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust, in addition to other investments. Its wholly owned subsidiaries include Great Elm Capital Management, Inc. (GECM), Great Elm Opportunities GP, Inc. (GEO GP), Great Elm Capital GP, LLC (GEC GP), Great Elm FM Acquisition, Inc. (FM Acquisition), Great Elm DME Holdings, Inc. (DME Holdings), Great Elm DME Manager, LLC (DME Manager), and Monomoy BTS Corporation (MBTS), among others.
GREAT ELM GROUP, INC. 
