- "As we broaden our platform, we are proud to elevate certain individuals in recognition of their expanded responsibilities," says Fifth Street Finance (FSC +0.9%) CEO Len Tannenbaum, announcing the promotion of Richard Petrocelli to CFO, where he'll replace Alexander Frank. Frank remains COO of Fifth Street Management, FSC's investment advisor.
- Petrocelli - who has been chief accounting officer at FSC for 15 years - will continue to report to Frank.
- Source: Press Release
at Zacks.com (Nov 7, 2014)