Hercules Capital, Inc. 8-K

What Happened Hercules Capital, Inc. announced leadership changes effective May 18, 2026: Seth H. Meyer (age 57), who has been the company’s Chief Financial Officer since March 2019, will transition to the role of President and will continue to report to CEO Scott Bluestein. Andrew Olson (age 43) was appointed Chief Financial Officer and Head of Corporate Development and will serve as Hercules’ principal financial officer and principal accounting officer.

Mr. Olson joined from Revelation Partners, where he served as Partner, CFO and COO, and previously held CFO roles at SVB Capital, TriplePoint Capital and TriplePoint Venture Growth BDC Corp. He also served at Hercules from 2014–2017 in finance and interim CFO roles. The company stated there are no arrangements or understandings related to Mr. Olson’s selection, no family relationships with executives or directors, and no transactions requiring disclosure under Item 404(a).

Key Details

• Effective date: May 18, 2026.
• Seth H. Meyer: CFO since March 2019 → appointed President; will continue reporting to CEO Scott Bluestein.
• Andrew Olson: appointed CFO & Head of Corporate Development; named principal financial officer and principal accounting officer; CPA (California); BA in Business Economics from UCSB.
• Company disclosed no related-party arrangements or reportable transactions for Mr. Olson.

Why It Matters A change in the company’s finance leadership is material for investors because the CFO is central to financial reporting, controls and investor communications. Andrew Olson brings prior Hercules experience plus several external CFO roles, which may support continuity in financial operations and corporate development. Seth Meyer’s move to President suggests a shift in responsibilities that could affect strategic and operational oversight, while reporting lines to the CEO remain unchanged. The filing includes no disclosures of related-party transactions or selection arrangements for the new CFO.