Goldman Sachs Private Credit Corp. CEO Resignation; Leadership Change

What Happened
Goldman Sachs Private Credit Corp. announced on Aug 3, 2026 that David Miller notified the company he will resign as Co‑Chief Executive Officer and co‑principal executive officer effective December 31, 2026. The filing states Mr. Miller’s resignation is not due to any disagreement with the company. Mr. Miller will continue in his current role through the transition, join GSAM Private Credit as chairman of the Private Credit Direct Lending Team in the Americas effective Aug 6, 2026, and become an advisory director to Goldman Sachs effective Dec 31, 2026. Vivek Bantwal, the other co‑CEO, will become the Company’s sole Chief Executive Officer and sole principal executive officer as of Dec 31, 2026.

Key Details

• David Miller will cease serving as Co‑CEO and co‑principal executive officer on December 31, 2026; he will remain on the Private Credit Investment Committee.
• Justin Betzen was appointed co‑President and co‑Chief Operating Officer effective August 3, 2026; Tucker Greene will serve as co‑President and co‑COO upon Mr. Betzen’s appointment.
• Mr. Betzen is also appointed co‑President and co‑COO of several affiliated entities (Goldman Sachs BDC, Inc.; Silver Capital Holdings LLC; Goldman Sachs Private Middle Market Credit II LLC; Phillip Street BDC LLC; West Bay BDC LLC).
• The filing discloses no family relationships or related‑party transactions involving Mr. Betzen and notes Mr. Miller’s departure is not due to a disagreement with the company.

Why It Matters
This 8‑K reports a planned executive leadership transition with a clear timeline: one co‑CEO stepping down and the remaining co‑CEO becoming sole CEO at year‑end. For investors, the filing signals a managed succession with internal appointments (a GSAM private credit leader added to senior management and continued investment committee membership), which bears on governance and operational continuity. Investors may watch for further disclosures on strategy, governance or organizational changes as the transition proceeds.