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- Departure of CFO (new) — Chief Financial Officer Kris Corbett resigned, effective by May 29, 2026, with no stated disagreement on company matters.
New Mountain Finance CFO Kris Corbett resigns, transition expected by May 29
Filed March 24, 2026 · Period ending March 19, 2026 · ~1 min read
Key Changes
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high
CFO and Treasurer Kris Corbett resigned effective by May 29, 2026, following a transition period to hand off responsibilities to a successor.
Item 5.02 verify on EDGAR → -
medium
Company disclosed no disagreement between Corbett and management on operations, policies, or practices, suggesting an amicable departure.
Item 5.02 verify on EDGAR → -
medium
Corbett will remain in his current role until the transition is complete, providing continuity during the CFO search and onboarding process.
Item 5.02 verify on EDGAR →
Summary
New Mountain Finance announced that CFO and Treasurer Kris Corbett has resigned, with his departure expected by May 29, 2026. The company is conducting a search for a successor and Corbett will remain in his role to ensure an orderly transition.
The filing explicitly states there were no disagreements on operations, policies, or practices, which is standard language but suggests the departure is amicable rather than forced. For investors in this business development company, CFO transitions always warrant attention since the finance chief oversees portfolio valuations, capital allocation, and regulatory compliance—all critical for a BDC.
The lack of stated disagreements is positive, but the timing and reason for departure remain unclear. Watch for the company's next earnings call or investor update for more context on the transition and whether there are any strategic shifts accompanying the leadership change. Also monitor for the announcement of Corbett's successor and their background, as this will signal management's priorities going forward.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On March 19, 2026, the Board of Directors of New Mountain Finance Corporation (the “Company”) received and accepted the resignation of Kris Corbett as Chief Financial Officer and Treasurer of the Company. Mr. Corbett’s resignation will become effective upon the completion of a prudent transition of the role to a successor Chief Financial Officer and Treasurer, which is expected to occur by May 29, 2026 (the “Effective Date”). Mr. Corbett will continue to serve as the Chief Financial Officer and Treasurer of the Company until the Effective Date.
Kris Corbett resigned as CFO and Treasurer, with the resignation becoming effective by May 29, 2026 after a transition period. He will remain in the role until a successor is in place. The company disclosed no disagreement on operations, policies, or practices.
Added in current filing · verify on EDGAR →
In submitting his resignation, Mr. Corbett did not express any disagreement on any matter relating to the Company’s operations, policies or practices.
The company explicitly stated that the departing CFO expressed no disagreement with the company on any operational, policy, or practice matters. This language is standard in officer departure disclosures and suggests an amicable separation.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 8, 2026 · How we verify