Palmer Square Capital BDC (NYSE: PSBD) names Ben Wiesenfeld Chief Compliance Officer
Rhea-AI Filing Summary
Palmer Square Capital BDC Inc. appointed Ben Wiesenfeld as Chief Compliance Officer effective August 3, 2026, succeeding Scott Betz. The Board’s unanimous decision places Wiesenfeld, currently Chief Compliance Officer and General Counsel of Palmer Square Capital Management LLC, in charge of the company’s compliance program.
Betz, age 48, continues as Chief Operating Officer, a position he has held since 2019, drawing on prior senior roles at Scout Investments and UMB Bank. Wiesenfeld, also 48, previously led compliance for funds and broker-dealer operations at Pacific Life Insurance Company. The company states there are no special arrangements, family relationships, or related-party transactions involving either executive that require disclosure.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective date of CCO appointment: August 3, 2026
Age of Scott Betz: 48 years
Age of Ben Wiesenfeld: 48 years
+3 more
6 metrics
Effective date of CCO appointment
August 3, 2026
Date Ben Wiesenfeld was appointed Chief Compliance Officer
Age of Scott Betz
48 years
Age of the Chief Operating Officer
Age of Ben Wiesenfeld
48 years
Age of the newly appointed Chief Compliance Officer
Betz COO tenure start year
2019
Year Scott Betz began serving as Chief Operating Officer
Betz prior CCO tenure at PSCM
March 2018 to March 2021
Period Scott Betz served as Chief Compliance Officer of PSCM
Wiesenfeld prior CCO role at Pacific Life
June 2020 to November 2025
Period Wiesenfeld was Chief Compliance Officer, Funds and Broker-Dealer, at Pacific Life
Key Terms
Chief Compliance Officer, Chief Operating Officer, Regulation S-K, Item 404(a)
4 terms
Chief Compliance Officer regulatory
"appointed Ben Wiesenfeld as Chief Compliance Officer (“CCO”) of the Company"
The chief compliance officer is the senior executive responsible for making sure a company follows laws, industry rules and its own internal policies, acting like a safety inspector for legal and ethical risks. Investors care because effective compliance reduces the chance of fines, lawsuits, operational disruption and reputational damage, so the officer’s competence and independence can materially affect future profits and risk exposure.
Chief Operating Officer financial
"Mr. Betz will continue to serve as an officer of the Company in the role of Chief Operating Officer"
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
Regulation S-K regulatory
"would require disclosure under Item 401(b) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
Item 404(a) regulatory
"transactions between the Company and Mr. Wiesenfeld or Mr. Betz ... under Item 404(a) of Regulation S-K"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What executive changes did Palmer Square Capital BDC (PSBD) announce on August 3, 2026?
Palmer Square Capital BDC appointed Ben Wiesenfeld as Chief Compliance Officer, succeeding Scott Betz. Betz will continue as Chief Operating Officer, so the change primarily reallocates compliance responsibilities while keeping overall senior leadership stable.
Who is the new Chief Compliance Officer of Palmer Square Capital BDC (PSBD)?
Ben Wiesenfeld, age 48, became Chief Compliance Officer effective August 3, 2026. He also serves as Chief Compliance Officer and General Counsel of Palmer Square Capital Management LLC and previously oversaw fund and broker-dealer compliance at Pacific Life Insurance Company.
What role will Scott Betz hold at Palmer Square Capital BDC (PSBD) after the changes?
Scott Betz will continue as Chief Operating Officer, a role he has held since 2019. His background includes senior positions at Scout Investments and UMB Bank, and he previously served as Chief Compliance Officer at Palmer Square Capital Management LLC.
Are there any special arrangements tied to the appointments at Palmer Square Capital BDC (PSBD)?
The company reports no arrangements or understandings with any persons under which Ben Wiesenfeld was selected as Chief Compliance Officer or Scott Betz was appointed Chief Operating Officer that would require disclosure under Item 401(b) of Regulation S-K.