On August 5, 2026, Saratoga Investment Corp.'s Board increased its size from five to six members and appointed Scott E. Zoellner as a director effective immediately. Mr. Zoellner serves on the audit, compensation, and nominating committees and is deemed independent under NYSE rules. He brings extensive experience as Partner and COO/Financial Officer at Niobrara Capital and former roles at AEA Investors and Credit Suisse. The company operates in the business development company industry, providing debt financing to middle-market companies.