David Gladstone

Chairman of the Board of Directors and Chief Executive Officer

Mr. Gladstone is the founder of Gladstone Capital Corporation, Gladstone Commercial Corporation, Gladstone Investment Corporation, and Gladstone Land Corporation and has been our Chief Executive Officer since inception. Mr. Gladstone is also the President of Gladstone Land Corporation, our public farmland REIT. From August 1997 to August 2001, Mr. Gladstone served as Chairman or Vice Chairman of American Capital Strategies, a publicly-traded leveraged buyout fund and mezzanine debt finance company. From 1974 to February 1997, Mr. Gladstone held various positions, including Chairman and Chief Executive Officer, with Allied Capital Corporation, Allied Capital Corporation II, Allied Capital Lending Corporation, Allied Capital Commercial Corporation and Allied Capital Advisors Inc. The Allied companies were the largest group of publicly-traded mezzanine debt funds and were managers of two private venture capital limited partnerships. From 1992 to 1997, Mr. Gladstone served as a Director, President and Chief Executive Officer of Business Mortgage Investors, a private mortgage REIT managed by Allied Capital. Mr. Gladstone served as a Director of The Riggs National Corporation (the parent of Riggs Bank) from 1993 to May 1997 and of Riggs Bank from 1991 to 1993. He has served as a Trustee of The George Washington University and currently is a Trustee Emeritus. He is a past member of the Listings and Hearings Committee of the National Association of Securities Dealers, Inc. He is a past member of the Advisory Committee to the Women’s Growth Capital Fund, a venture capital firm that finances women-owned small businesses. Mr. Gladstone was the managing member of The Capital Investors, a group of angel investors, and is currently a member Emeritus. Mr. Gladstone is also a past Director of Capital Automotive REIT, a real estate investment trust. Mr. Gladstone holds a MBA from the Harvard Business School, a MA from American University and a BA from the University of Virginia. Mr. Gladstone has coauthored two books on financing for small and medium sized businesses, Venture Capital Handbook and Venture Capital Investing published by Prentice Hall.

Terry Lee Brubaker

Vice Chairman and Chief Operating Officer

Mr. Brubaker has been Director and Chief Operating Officer since 2003, and Vice Chairman since 2006. Previously, he was our President from 2003 to 2006. Mr. Brubaker served as a Director of Gladstone Capital from 2001 to April 2023, Director of Gladstone Commercial from 2003 to April 2023, Director of Gladstone Investment from 2005 to April 2023, and Director of Gladstone Land from 2007 to April 2023. Beginning in March 1999, Mr. Brubaker was a founder, and past Chairman of Heads Up Systems, a company providing process industries with leading edge technology. From 1996 to 1999, Mr. Brubaker served as Vice President of the paper group for the American Forest & Paper Association. From 1992 to 1995, Mr. Brubaker served as President of Interstate Resources, a pulp and paper company. From 1991 to 1992, Mr. Brubaker served as President of IRI, a radiation measurement equipment manufacturer. From 1981 to 1991, Mr. Brubaker held several management positions at James River Corporation, a forest and paper company, including Vice President of Strategic Planning from 1981 to 1982, Group Vice President of the Groveton Group and Premium Printing Papers from 1982 to 1990 and Vice President of Human Resources Development in 1991. From 1976 to 1981, Mr. Brubaker was Strategic Planning Manager and Marketing Manager at Boise Cascade. Previously, Mr. Brubaker was a Senior Engagement Manager at McKinsey & Company from 1972 to 1976. Mr. Brubaker holds a MBA degree from the Harvard Business School and a BSE from Princeton University.

Buzz Cooper

Executive Vice President of Commercial & Industrial Real Estate

Mr. Cooper joined the Gladstone Companies at their inception in June 2001 with an extensive background in commercial real estate finance. He is currently the President of Gladstone Commercial Corporation (the “Company”) where he is focused on the executive oversight of the sourcing and executing of net leased real estate acquisitions as well as portfolio and corporate strategy. He is also responsible for the development and retention of talent necessary to operate and grow the business. During his tenure with the Company, Mr. Cooper has been responsible for acquiring the majority of the Company’s real estate portfolio.

Prior to joining the Company, Mr. Cooper served as a Senior Vice President and Principal of Allied Capital Corporation and its affiliate funds from 1986 to 2000. At Allied Capital, Mr. Cooper was responsible for originating all forms of commercial real estate loans and servicing a portfolio of over $300 million in debt instruments and mortgages. During his career, he has negotiated and closed all types of commercial real estate transactions and financings. Mr. Cooper received a BA in Sociology and Anthropology from Washington and Lee University and is a member of the National Association of Industrial Office Properties (NAIOP).

David Dullum

Executive Vice President of Private Equity (Buyouts)

Mr. Dullum joined The Gladstone Companies in February 2008. Mr. Dullum has served as President of Gladstone Investment Corporation since April 2008 and was a Director from June 2005 to August 2015. Mr. Dullum is an Executive Vice President of our Adviser, and was a Director of Gladstone Commercial from August 2003 to May 2015, and a Director of Gladstone Capital from August 2001 to February 2015. Mr. Dullum has extensive experience in equity investing and middle market buyouts. Prior to joining Gladstone, from 1995 to 2009, Mr. Dullum was a Partner of New England Partners, a private equity firm focused on investments in small and medium-sized business in the Mid-Atlantic and New England regions. From 1976 to 1990, Mr. Dullum was a Managing General Partner of Frontenac Company, a Chicago-based private equity firm. Mr. Dullum has served as the Chairman of NASBIC and on the Board of Trustees of The Stanford Business School Trust. Mr. Dullum holds an MBA from Stanford Graduate School of Business and a BME from the Georgia Institute of Technology.

Bob Marcotte

Executive Vice President of Private Equity (Debt)

Bob joined GLAD in December 2013 with extensive background in commercial finance and investment banking.  Since 2002, Bob has been focused on the origination and management of middle market debt and equity investments supporting both private equity sponsors and owner operators.  Prior to joining GLAD, Bob served as an Executive Vice President and Co-Head of Asset Management for MCG Capital where he was responsible for investment origination, evaluation, underwriting and portfolio management for the $500+ million publicly traded business development company.  Bob also served on MCG Capital’s investment committee since 2007.  While at MCG Capital, Bob led more than $625 million of middle market debt and equity investments across a variety of industries, served on the board of numerous investment entities and spearheaded the successful development of sector experience and investment activities within the colocation, cable and education industries.

Prior to MCG Capital, Mr. Marcotte was Chief Financial Officer for Aleron, Inc., a wholesale internet access and network services provider and worked in the investment banking divisions of Goldman, Sachs & Co. and Merrill Lynch & Co., and in the project financing department of GE Capital and as a banking officer at Mellon Bank.

Mr. Marcotte received his B.S.B.A. in accounting and finance from Georgetown University.

Ryan Carter

Executive Vice President, Head of West and Midwest Regions (Gladstone Commercial)

Mr. Carter joined Gladstone in September 2021 as Executive Vice-President with responsibility for West and Midwest Regional leadership.  Prior to joining Gladstone, Mr. Carter was a founding partner of Porthaven Partners, LLC, formed in 2009 as a full-service commercial real estate firm.  Mr. Carter’s clients ranged from high net-worth to institutional investors for whom Mr. Carter provided acquisition and disposition services, debt placement, portfolio management, and principal investments, including net leased and value-add developments.  Prior to Porthaven, Mr. Carter was a Director with Stan Johnson Company, focusing his brokerage services on institutional buyers of retail, office, and industrial properties. In total, Mr. Carter brings 20-years of transactional and operational experience in the net leased investment space.

Mr. Carter’s experience with Gladstone includes identifying a significant number of transactions across the United States which are still an integral part of the Company’s portfolio.  These transactions date back to Gladstone’s first acquisition in 2003.  As Executive Vice President, he will have responsibility for sourcing net leased real estate acquisitions and sale-leaseback investments in the West and Midwest while also managing and servicing Gladstone’s existing assets in the regions in coordination with his asset management teams.

Mr. Carter, a CPA (inactive), is a graduate of The University of Tulsa (B.S.B.A) and Oklahoma State University (M.B.A.) and will work out of a regional office in Tulsa, Oklahoma.

Mike McQuigg

Executive Vice President and Senior Managing Director (Gladstone Capital)

Mr. McQuigg joined the Gladstone Companies in April 2015. He currently serves as the Senior Managing Director, focusing on the origination and management of middle market debt and equity investments supporting both private equity sponsors and owner operators.

Prior to joining us, Mr. McQuigg was a Principal at Deerpath Capital, focusing on private debt and equity investments in lower middle market companies. Prior to this, Mr. McQuigg was with H.I.G. Capital, where he focused on control and minority equity investments in the lower middle market.

Mr. McQuigg received his MBA from Columbia Business School and his BA from Johns Hopkins University.  At Johns Hopkins University, Mike serves on the Dean’s Advisory Board for the Krieger School of Arts & Sciences and on the Advisory Council for the Center for Financial Economics.

Bill Reiman

Executive Vice President of West Coast Operations (Gladstone Land)

Mr. Reiman joined The Gladstone Companies as a Managing Director in August 2013 and currently serves as Executive Vice President of West Coast Operations. His focus is on the acquisition of agricultural land and facilities in the Western United States, as well as managing the long term leases of those properties.

Mr. Reiman has an extensive background in the Agricultural industry.  His family has farmed for five generations in Ventura County, California.  Prior to joining The Gladstone Companies, Mr. Reiman built and managed a $25 million strawberry and raspberry farming operation in Oxnard, CA.  Previous to that he was Vice President of a large family owned strawberry farm, after working in the strawberry nursery business for several years.  He has given much time in volunteer leadership for his industry on all levels, local to global, including being the immediate past Chairman of the Board of the California Strawberry Commission and a recent Chairman of the Ventura County Agriculture Association, a very powerful advocacy group.  Much of Mr. Reiman’s accomplishments in these roles center around innovation and progressive strategic planning.

Mr. Reiman has a BS from the University of California at Davis in Agricultural Science and Management.

Erika Highland

Senior Managing Director (Gladstone Investment)

Erika Highland joined Gladstone in August 2005. She currently serves as a Managing Director of Gladstone Investment Corporation. During her time at Gladstone she has been involved with evaluating and managing numerous debt and equity investments across the Gladstone Investment and Gladstone Capital portfolios.  Prior to joining Gladstone, she was an Account Executive at Wells Fargo Retail Finance where she was responsible for monitoring and underwriting senior secured loans to national and regional retail chains. Before joining Wells Fargo, she was a financial Analyst in A.G. Edwards’ Investment Banking Division focusing on capital raising and M&A transactions for middle market companies. Ms. Highland holds a BS in Business Administration with a concentration in Finance from Boston College.

Chris Lee

Senior Managing Director (Gladstone Investment)

703-287-5887

Christopher.Lee@gladstonecompanies.com

Mr. Lee joined Gladstone as a Principal in January 2008. Prior to joining Gladstone, he was a Vice President with MCG Capital where he was a debt and equity investor in middle-market companies across industry platforms, with a focus on telecommunications and publishing and including origination/underwriting and Board advisory roles. Prior to his work at MCG Capital, Mr. Lee worked as a Consultant with KPMG Consulting (now BearingPoint) from 1993 to 1998 where he performed cost accounting studies for state and local government clients. Mr. Lee earned a Master of Business Administration and a Bachelor of Arts from Georgetown University.

Andrew Ahlberg

Managing Director (Gladstone Capital)

Mr. Ahlberg joined Gladstone in September of 2014. Prior to joining Gladstone, he was an Associate at MCG Capital, where he was involved in underwriting and managing middle market debt and equity investments. Prior to MCG, Mr. Ahlberg was with Fifth Third Bank providing debt capital for middle market healthcare, industrial, and business services companies. Mr. Ahlberg earned an MBA from Duke University’s Fuqua School of Business and a BS in Economics from The Ohio State University.

Laura Gladstone

Managing Director (Gladstone Capital)

Ms. Gladstone has been with The Gladstone Companies since August 2001. She serves as a Managing Director and works with our mezzanine debt and syndicated loan team.

Prior to joining the firm, Ms. Gladstone worked as an Associate in equity research at ING Barings, where she was responsible for covering companies in the telecommunications industries. Ms. Gladstone also worked for Salomon Smith Barney as an Assistant Analyst in equity research and HSBC, an international bank, as an analyst in Buenos Aires, Argentina. She received her BBA from The George Washington University. She is the coauthor of two books on lending to small business: Venture Capital Handbook and Venture Capital Investing, both published by Prentice Hall.

John Kent

Managing Director of Capital Markets

Mr. Kent joined Gladstone in February, 2017 as a Managing Director focused on fundraising. Mr. Kent spent more than 17 years as an investment banker with experience in capital markets advisory and public and private capital raising for companies.

Prior to joining Gladstone, Mr. Kent was a Managing Director in Equity Capital Markets at Macquarie Capital in New York, where he focused on equity origination across multiple sectors. Prior to Macquarie, he co-led the Equity Capital Markets Group at Nomura Securities. Mr. Kent started his career at UBS, where he worked in both private placements and public equity capital markets during his 11 years with the investment bank.

Eric Maloy

Managing Director (Gladstone Capital)

Mr. Maloy joined Gladstone Companies in February of 2018. He currently serves as a Managing Director, in our Dallas, TX office, focusing on originating and managing debt and equity investments supporting middle market companies. Prior to joining us, Mr. Maloy was a Managing Director at MUFG Union Bank, N.A. and served as National Origination Manager for MUFG’s specialty lending practice focused on providing asset-based and structured debt products in the United States. Prior to MUFG, Mr. Maloy was a Senior Vice President at Bank of America Merrill Lynch (“BAML”), where he was responsible for originating and structuring new senior debt opportunities in the Southwest. Mr. Maloy started his professional career in public Accounting with Ernst & Young.

Mr. Maloy received his B.B.A. in Accounting from the University of Oklahoma and his M.B.A. from Southern Methodist University. Mr. Maloy is a Certified Public Accountant.

John Sateri

Managing Director (Gladstone Capital)

Mr. Sateri has been with The Gladstone Companies since April 2007. He currently serves as a Managing Director in our McLean, VA Headquarters as a member of the Investment Committee supporting all Gladstone managed credit, equity, and real estate funds (GLAD, GAIN, GOOD, LAND) as well as originating debt and equity investments in privately held companies.

Prior to joining Gladstone, Mr. Sateri directed an independent consultancy providing special situation investment sourcing, underwriting, and disposition services to institutional investors across a variety of asset classes including middle market company debt and equity; commercial, residential, healthcare, and industrial real estate; and CMBS securitizations. From 1989 to 1998, Mr. Sateri worked for Wells Fargo Bank (predecessor/affiliated companies) in a variety of areas including commercial lending, special assets, and lastly capital markets where he served as Vice President and Senior Portfolio Manager overseeing a team responsible for underwriting, servicing and managing an asset-based loan portfolio with half a billion dollars in commitments to highly leveraged, growth oriented, middle market companies.

Mr. Sateri is active on numerous private company boards and holds a bachelor’s degree in Business Administration from The University of Hawaii at Manoa and a master’s degree in Real Estate Development from the University of Maryland at College Park.

Joseph Van Wingerden

Managing Director (Gladstone Land)

Mr. Van Wingerden joined Gladstone in November 2013. Prior to joining Gladstone, he worked as a Structured Finance Analyst in the Capital Markets Group at Cassidy Turley Commercial Real Estate. He focused on underwriting new construction and recapitalization deals requiring equity and debt financing. Mr. Van Wingerden earned his MBA from Georgetown’s McDonough School of Business in 2013, where he was a McDonough Scholar, and graduated with a BS in Economics and a BBA in Finance from Southern Methodist University in 2008.

Judy Carter

Director, Asset Management (Gladstone Commercial)

Ms. Carter joined Gladstone in November 2022 and leads asset management activities in the Midwest region.  Before joining Gladstone, she was an asset manager for a publicly traded REIT as well as for private real estate investment and development companies.  During her 20-plus year career Ms. Carter has managed the financial performance of over 10 million square feet of multiple asset types to include office, industrial, retail and life sciences.  Her experience includes leasing, financings, capital planning and execution, and dispositions.  Ms. Carter received a Masters in Urban and Regional Planning from George Washington University, and a B.S. from Millersville University of Pennsylvania.

Paul Cobuzzi

Director (Gladstone Capital)

Mr. Cobuzzi joined Gladstone in May of 2015. Prior to joining Gladstone, he was with Harren Equity Partners, where he was involved in underwriting, executing and managing middle market leveraged buyout transactions across a variety of industries. Prior to Harren, Mr. Cobuzzi was with BIA Digital Partners providing debt and equity capital for middle market companies operating in the media and communications industries. Mr. Cobuzzi began his career in the Technology, Media & Telecom Group at Bank of America Merrill Lynch.  Mr. Cobuzzi earned a BS in Business Administration from Washington and Lee University.

Michael Cueter

Director (Gladstone Investment)

Mr. Cueter joined Gladstone in 2024. Prior to joining Gladstone, he worked as a Vice President at J.F. Lehman & Company, a private equity firm focused on investments in the aerospace, defense, maritime, government and environmental industries. Prior to J.F. Lehman & Company, Mr. Cueter was an Associate at Olympus Partners, where he focused on private equity investments across several sectors, and an Analyst at Harris Williams, where he advised on M&A transactions in the Consumer sector. Mr. Cueter graduated with a B.B.A degree in accounting and finance from the Stephen M. Ross School of Business at the University of Michigan.

Daniel Crump

Director (Gladstone Investment)

Mr. Crump joined Gladstone in January 2020. Prior to joining Gladstone, he worked as a Senior Associate at Mountain Capital, a private equity firm focused on investments in the North American energy sector. Prior to his work at Mountain Capital, Mr. Crump was an analyst in the Global Energy Investment Banking group at Scotiabank, where he advised on M&A transactions in the Oil & Gas sector. Mr. Crump graduated with BS degrees in Finance and Economics from the University of Maryland.

Perry Finney

Director, Asset Management (Gladstone Commercial)

Mr. Finney began working at Gladstone Commercial in 2018 joining the Asset Management group.  Prior to joining Gladstone he worked at other publicly traded REITs where he was responsible for implementing corporate policy initiatives, overseeing leasing and property management.  He has seventeen years’ experience in real estate asset management, managing large portfolios consisting of multiple asset classes, including industrial, office, retail and laboratory properties.  Previously he worked for Fortune 500 companies where he gained a broad background in corporate finance, accounting and credit.  He received a B.A. in Economics from Washington College and is a former CPA.

Mitchell Grant

Director (Gladstone Investment)

Mr. Grant joined Gladstone in 2022. Prior to joining Gladstone, he worked as an Associate in the Global Consumer Investment Banking Group at Raymond James & Associates. While at Raymond James, Mr. Grant advised on numerous consumer product, retail, and e-commerce M&A and capital markets transactions. Mr. Grant earned a BA in Political Science from Duke University.

Nick Lindsay

Director (Gladstone Commercial)

Mr. Lindsay joined Gladstone in July 2022 as a Senior Associate. Before joining Gladstone, he worked for H.I.G. Capital’s Lower Middle Market Private Equity Funds, primarily underwriting acquisitions in industrial and transportation and logistics sectors. Prior to H.I.G., Mr. Lindsay worked in the Industrials group at Harris Williams, an investment bank specializing in M&A advisory services. He holds a BS degree from the McIntire School of Commerce at the University of Virginia and an MBA degree from the Kenan-Flagler Business School at the University of North Carolina where he served as a Fund Manager on the KFBSF Real Estate Private Equity Funds.

Ray Logan

Director (Gladstone Capital)

Mr. Logan joined Gladstone in March of 2020.  Prior to joining Gladstone, he was with Fortress Investment Group, where he was involved in sourcing, underwriting, executing and managing debt and structured equity investments across a variety of industries.  Prior to Fortress, Mr. Logan was a founding member of CapitalView Investment Partners, where he was involved in sourcing, underwriting, executing and managing value-oriented structured debt and control buyout transactions. Prior to CapitalView, Mr. Logan was with American Capital, Ltd., where he was involved in underwriting, executing and managing special situations debt and control buyout transactions. Mr. Logan began his career in the Special Credits Group at J.P. Morgan.  Mr. Logan earned a BS in Finance from Fordham University.

James Mazza

Director (Gladstone Capital)

Mr. Mazza joined the Gladstone Companies in April 2021 and serves as a Director in our Los Angeles office. He is responsible for originating, structuring, and managing debt and equity co-investments, as well as leading our West Coast coverage efforts.

Prior to joining Gladstone, Mr. Mazza was with Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm. While at LLCP, Mr. Mazza was responsible for the origination and due diligence of new growth equity investments. Prior to LLCP, Mr. Mazza worked as a Vice President in GE Capital’s Corporate Finance Group, where he was responsible for sourcing and executing new leveraged finance opportunities across California. Mr. Mazza began his career with HSBC Bank, where he most recently worked in the Investment Banking Division in London.

Mr. Mazza received a B.A. in Economics from Boston University and an M.B.A. from the University of Southern California, Marshall School of Business.

Todd Alan McDonald

Director, Head of South Central Region (Gladstone Commercial)

Mr. McDonald joined Gladstone in September 2019 as a Senior Analyst. He has worked on originating over $275MM in new acquisitions since joining Gladstone and is the acquisitions lead in the South Central Region. Prior to joining Gladstone, he was a Senior Credit Analyst and Commercial Real Estate Team Lead at United Bank. While at United, he underwrote commercial real estate loans for properties in all asset classes. Mr. McDonald also analyzed corporate debt products as a founding member of the bank’s syndicated loan group. He received a Bachelor of Science in Accounting and Business Administration from Washington and Lee University.

Jennifer Morse

Director (Gladstone Land)

Ms. Morse joined Gladstone in January 2018. Prior to joining Gladstone, she was a Senior Associate at PricewaterhouseCoopers in the Financial Markets practice where she focused on securitization transactions. Ms. Morse received a B.S. in Business Administration with an area of emphasis in Real Estate from the University of North Carolina at Chapel Hill.

Kyle Murai

Director (Gladstone Land)

Kyle Murai joined Gladstone Land in March 2019 as a Principal Asset Manager, focusing on the management of western assets. Mr. Murai comes from a 4^th generation strawberry farming family in southern California and has worked in a wide array of roles within the agriculture industry. Kyle has held positions in applied research, finance, business analytics, and farm management.  Prior to working at Gladstone, he was a Plant Manager and Grower Relations Manager for a large strawberry processing company. In that role he focused on the management of the Plant P&L and operational performance while also leading a team on the procurement of the seasonal supply of strawberries. Mr. Murai holds a Bachelor of Science in Managerial Economics from the University of California, Davis.

Brett Smith

Director (Gladstone Land)

Mr. Smith joined Gladstone in March of 2021 as an Associate. Prior to joining Gladstone, he was a Capital Markets Officer and Senior Credit Analyst at Farm Credit for six years. While at Farm Credit, he underwrote large agribusiness loans within a variety of Florida agricultural commodities. He received a Bachelor of Arts Degree in Economics from Flagler College in 2015.

Gregory Yayac

Director (Gladstone Commercial)

Mr. Yayac joined Gladstone in August 2018 and currently leads asset management activities in the Northeast and Southeast regions. Before joining Gladstone, Mr. Yayac worked as an investment analyst at the University of Michigan Investment Office, where he helped perform due diligence and analysis on investment opportunities. Prior to that he worked at The Vanguard Group. Mr. Yayac has an MBA from the University of North Carolina, where he graduated with a concentration in real estate, and a BA from the University of Delaware.

Giselle Bagheri

Senior Associate (Gladstone Land)

Ms. Ramadan joined Gladstone Land in May of 2021 as a Senior Analyst. Prior to joining the Gladstone team, she was a Property Accountant and then Financial Analyst at Willco Construction where she focused on commercial real estate analysis. Ms. Ramadan received her B.S. in Business Management from George Mason University.

Tristan Bautil

Senior Associate (Gladstone Investment)

Mr. Bautil joined Gladstone in 2024. Prior to joining Gladstone, he worked as an Associate in the Diversified Industrials Investment Banking Group at Stephens Inc., where he advised on numerous M&A transactions in the Aerospace & Defense sector. Mr. Bautil earned a BA in Economics and Finance from the College of William & Mary.

Chandler Rohde

Senior Associate (Gladstone Capital)

Mr. Rohde joined the Gladstone Companies in May of 2024. Prior to joining Gladstone, he was an Associate at JPB Partners, a Maryland-based private equity firm. While at JPB, Mr. Rohde was involved in sourcing, underwriting, executing, and monitoring investments of consumer-facing businesses within the lower middle market. Prior to JPB, Mr. Rohde was a Private Equity Analyst at Search Fund Accelerator where he focused on sourcing, underwriting, and executing lower middle market buyouts across multiple industries. Mr. Rohde earned his B.A in Economics from Connecticut College.  

Jarrett Smith

Senior Associate (Gladstone Capital)

Mr. Smith joined the Gladstone Companies in June of 2023. Prior to joining Gladstone, he was an Investment Banking Analyst at J.P. Morgan. Sitting in Debt Capital Markets, he helped structure, manage, syndicate, and execute bank loan facilities across the Asset Management, BDC, and Insurance verticals. Prior to J.P. Morgan, Mr. Smith was a Corporate Banking Analyst at Wells Fargo. During his time, he monitored a credit portfolio and underwrote new opportunities across the Asset Management, Insurance, and Market Structure verticals.  Mr. Smith received his B.A. with Honors in U.S. History from Washington & Lee University. 

Neil Thomas

Senior Associate (Gladstone Capital)

Mr. Thomas joined the Gladstone Companies in October of 2022. Prior to joining us, he was an Analyst at JPMorgan Chase, where he was focused on providing debt financing solutions to middle market companies across a variety of industries. While at JPMorgan Chase, Mr. Thomas was responsible for helping source and execute new opportunities, primarily supporting bankers and underwriters on leveraged buyout transactions. Mr. Thomas received his B.B.A in Finance and B.A. in Public Relations from the University of Georgia.

Zach Wade

Senior Associate (Gladstone Capital)

Mr. Wade joined the Gladstone Companies in December of 2021. Prior to joining Gladstone, he was an Investment Banking Analyst at CKS Advisors, focused primarily on sell-side M&A advisory engagements for a range of corporate clients. Prior to CKS, Mr. Wade was an Assistant Vice President at Bank of America in a commercial credit underwriter role. During his time, Mr. Wade monitored a commercial debt portfolio while underwriting new credit commitments, financing mergers and acquisitions, management buyouts, capital equipment, and working capital, for middle-market companies. Mr. Wade earned his B.B.A in Finance from Lake Forest College.

Connor McGrath

Associate (Gladstone Land)

Mr. McGrath joined Gladstone in May 2021. Prior to joining the Gladstone team, he was training to be a financial advisor for a large wealth management firm where he focused on creating portfolios for prospective clients and securing various securities certifications. Additionally, Mr. McGrath has experience working in commercial real estate with Bostonia Partners LLC where he conducted market research on development projects for potential debt and equity financing for single-tenanted buildings or campuses leased to investment grade corporations and government agencies. Mr. McGrath received a M.S. in Management in 2020 and a B.S. in Financial Economics in 2019 from Southern Methodist University.

Benz Pornkumpolrat

Senior Analyst (Gladstone Commercial)

Mr. Pornkumpolrat joined Gladstone in January 2024 as a Senior Analyst. Prior to joining Gladstone, he served as a Corporate Banking Credit Analyst on the Commercial Real Estate Team at U.S. Bank. During his time at U.S. Bank, he underwrote commercial real estate loans for institutional funds and private developers across all asset classes and was involved in portfolio management. Additionally, he was a founding member of the special situation team, where he focused on the valuation and underwriting of distressed office properties. He graduated with distinction from the Kelley School of Business at Indiana University Bloomington with a Bachelor of Science in Finance and Real Estate.

Andrew McHaney

Asset Manager (Gladstone Land)

Mr. McHaney joined Gladstone in January 2022 where he began work as an asset manager for the Western United States. Before joining the Gladstone Land team he worked as an infield representative for Wilbur-Ellis a large agricultural solutions company. Based out of the Salinas Valley Mr. McHaney has spent a lot of time in coastal vegetable and berry production assisting growers with problems on the farm. He went to school at California Polytechnic University San Luis Obispo where he received a bachelors in Agricultural Plant Science as well as a minor in Irrigation science.

Sebastian Silveira

Land and Resource Manager (Gladstone Land)

Mr. Silveira joined Gladstone Land in April of 2022 as a Land and Resource Manager, focusing on the management of western water and land resource assets. Mr. Silveira comes from a 4^th generation farming family in the Central Valley. Preceding law school, Mr. Silveira worked for the U.S. House of Representatives. During law school Mr. Silveira interned for two Central Valley water agencies (Merced Irrigation District and Westland Water District). Prior to joining Gladstone Land Mr. Silveira worked for a law firm in the Central Valley in agriculture, business, municipal and water law issues. Mr. Silveira holds a Bachelor’s Degree in Agriculture Business with a minor Water Policy and Law from California Polytechnic State University, San Luis Obispo and graduated from Pacific McGeorge School of Law with a concentration in Water and Environmental Law.

Yula Tamashiro

Associate Asset Manager (Gladstone Commercial)

Ms. Tamashiro joined Gladstone in August 2021 as the Senior Property Administrator with the Asset Management team. Prior to joining Gladstone, she was the Community Director, Resident Account Coordinator, and Resident Service Manager for a 425 unit apartment community where she was responsible for leasing and property management.

Paula Novara

Head of Resources Management

Ms. Novara has been Head of Resource Management since April 2004. Ms. Novara served as Assistant Vice President of Human Resources with the WMF Group and as a Consultant to Prudential Financial. From 1996 to 1997, Ms. Novara worked for TREEV a publicly held imaging software vendor. From 1992 to 1996, Ms. Novara worked for Environmental Products Corporation in their corporate Human Resources department. Ms. Novara is certified through SHRM as a PHR, holds an MA from Marymount University in Human Resources Management and a BA in Spanish and French from St. Mary’s College of Notre Dame.

Heather Burrell

Human Resources Manager

Ms. Burrell joined The Gladstone Companies in February of 2019 as a Payroll Accountant.  Prior to Gladstone, Heather worked at Intelsat where she was a Payroll Accountant for 3 years. Ms. Burrell also worked at Navy Mutual Aid Association as the Benefits and Payroll Administrator for 5 years. She earned her Bachelor of Science in Management from the School of Business at George Mason University. Heather also holds both her PHR and SHRM-CP certifications through SHRM.

Rachel Lopes

Marketing Assistant

Ms. Lopes joined The Gladstone Companies in March 2011. She currently serves as our Marketing Assistant in our McLean, VA Headquarters. Prior to joining Gladstone, she spent six years working at HSBC in their New York office within Global Markets. While there, she worked in Equity Capital Markets and Research Marketing. Ms. Lopes graduated from Johns Hopkins University and earned a BA in International Studies.

Mary Lawrence

Executive Assistant

Ms. Lawrence joined The Gladstone Companies in May 2021. She currently serves as the executive assistant to David Gladstone in our McLean, VA headquarters. Prior to joining Gladstone, she spent time working in the executive assistant, corporate communications and public relations fields. Ms. Lawrence graduated from Marymount University in Arlington, VA with a Bachelor of Science in Computer Information Systems.

Rene Arechiga

Senior Accountant (Gladstone Commercial)

Mr. Arechiga joined Gladstone in October 2021 as a Senior Accountant.  Before joining the Gladstone team, he worked at Dixon Hughes Goodman LLP as a Senior Audit Associate for 3 years.  He holds a Bachelor of Business Administration in Accounting and Computer Information System from James Madison University and has been an active CPA since May 2019.

Jay Beckhorn

Executive Vice President and Managing Director, Finance, Treasurer (Gladstone Commercial & Gladstone Land) Assistant Treasurer (Gladstone Investment & Gladstone Capital)

Mr. Beckhorn joined Gladstone in January 2013.  He serves as Treasurer of Gladstone Commercial and Gladstone Land and Assistant Treasurer of Gladstone Capital and Gladstone Investment; his focus is debt finance.

Jay has 26 years of real estate finance experience.  Prior to joining Gladstone, he was a Regional Director with Heavenrich & Co., an M&A group that serves the senior’s housing industry. He helped the firm’s clients recapitalize their companies by arranging joint ventures with private equity groups, sale lease-back transactions with REITs and loans from banks and agencies.  Before Heavenrich, Mr. Beckhorn served as a Senior Vice President with Sunrise Senior Living where he secured debt financing to support the company’s development, acquisition, and joint venture activities.  Additionally, he worked for the Riggs Bank in a variety of real estate related capacities including Managing Director and Senior Asset Manager for the Multi-Employer Property Trust.  He started his real estate career with Kettler, a Washington, D.C. area real estate developer.

Jay earned an MBA from Duke University’s Fuqua School of Business and a BA from Colgate University.

Julia Burris

Senior Accountant (Gladstone Investment)

Ms. Burris graduated from George Mason University with BS in Accounting in 2015, after which she worked for small CPA firm for about three years and moved on to corporate accounting for K12 Inc. in Herndon, Virginia. Ms. Burris worked for two years in K12 Inc. and recently join Gladstone Companies in January 2021 where she serves as a senior accountant.

Nate Collier

Controller (Gladstone Capital)

Mr. Collier joined Gladstone in March 2016. Prior to joining the Gladstone Companies, Nate worked at Clark Enterprises, Inc. in Bethesda, MD as a senior accountant and for PricewaterhouseCoopers in Philadelphia, PA as an associate in audit and assurance. Nate is a CPA and holds a B.S. in Accounting from the Pennsylvania State University.

Leonardo Cruz

Director of IT

Mr. Cruz joined The Gladstone Companies in August 2024 as the Director of IT. With over 15 years of experience across the aviation, real estate, and services industries, Mr. Cruz has a proven track record in technology leadership, including significant roles in managing Corporate IT and DevSecOps teams. He earned his Bachelor’s degree in Computer Science from Atlantica University in Lisbon, Portugal. At Gladstone, Mr. Cruz is committed to advancing our IT infrastructure and fostering innovative solutions that drive Gladstone’s strategic goals forward.

Jack Dellafiora

Chief Compliance Officer

Mr. Dellafiora joined Gladstone in September 2007 as Chief Compliance Officer. Previously, Mr. Dellafiora held management roles in regulatory compliance, financial and operational risk management, financial reporting, and enterprise data management with Fannie Mae. Prior to that he lead attestation engagements for BDO Seidman where he worked on a diverse set of client industries. Mr. Dellafiora has also provided strategic and financial services for an alternative energy developer. Mr. Dellafiora is a CPA in the Commonwealth of Virginia with a BBA in Accountancy from the University of Notre Dame and a MBA from the University of Maryland’s Smith School of Business.

Lindsey Galanko

Accounting Manager (Gladstone Commercial)

Ms. Galanko joined Gladstone in December of 2022 as an Accounting Manager.  Prior to joining the Gladstone Companies, Ms. Galanko worked as a Senior Accountant with Saul Centers, Inc. for 3 years and as a Tax Accountant with Baker Tilly Virchow Krause, LLP for 2 years. Ms. Galanko holds a BS in Accounting from the University of Maryland. She is a Certified Public Accountant in the Commonwealth of Virginia.

Susan Garza

Senior Compliance Officer

Ms. Garza joined Gladstone in June 2013 as a Legal & Compliance Specialist.  Prior to joining Gladstone, she worked at FedBid Inc. and managed procurements for the Veterans Health Administration.  She graduated from the College of WIlliam and Mary with a B.A. in History.

Catherine Gerkis

Director of Investor Relations/ESG

Ms. Gerkis joined Gladstone in October 2022 as Director of Investor Relations/ESG. Prior to joining Gladstone, Ms. Gerkis worked as an investor and asset management specialist focusing on infrastructure private equity at IFM Investors and as an investment risk analyst at BlackRock.  She also completed a Fulbright fellowship in Taiwan.  Ms. Gerkis received her MBA from Harvard Business School and a BA in Mathematics and Chinese from Williams College.

Gary Gerson

Chief Financial Officer and Assistant Treasurer (Gladstone Commercial)

Mr. Gerson was appointed our Chief Financial Officer in June 2021 (and previously served as our Interim Chief Financial Officer from March 2021 until June 2021). Mr. Gerson also served as the Treasurer for the Gladstone Companies from February 2006 until January 2012. Prior to rejoining Gladstone Commercial in 2021, Mr. Gerson was most recently the Chief Financial Officer (from February 2013 to August 2020) of Spotted Hawk Development, LLC an Apollo Investment Corporation (Nasdaq:: AINV) portfolio company. Additionally, Mr. Gerson served as Assistant Vice President of Finance at the Bozzuto Group from February 2004 until February 2006 where he led residential real estate development financing matters. From June 1995 through February 2004, Mr. Gerson was Director of Finance at PG&E National Energy Group, a subsidiary of PG&E Corp (NYSE: PCG), where he worked on power plant development financings. Mr. Gerson earned an MBA from the Yale School of Management and a Bachelor of Science in Mechanical Engineering from the United States Naval Academy. He is a CPA in the Commonwealth of Virginia and CFA charterholder. During his time in the United States Navy, Mr. Gerson served as a submarine officer.

Erich Hellmold

Deputy General Counsel (All Gladstone Companies)

Mr. Hellmold joined The Gladstone Companies in August 2017 as our Assistant General Counsel.  Prior to joining Gladstone, Mr. Hellmold was Of Counsel in the Washington, D.C. office of Squire Patton Boggs (US) LLP from August 2016 to August 2017 and an Associate with Kilpatrick Townsend & Stockton LLP from October 2008 to July 2016 where he focused on advising commercial and investment banks and financial services companies on corporate and securities transactions, including public and private securities offerings and mergers and acquisitions as well as related regulatory matters.  He is a member of the Virginia Bar and District of Columbia bar.  Mr. Hellmold received his JD from New York Law School and a BA in Political Science from The Johns Hopkins University.

Matt Jandreau

Senior Treasury Assistant, Financial Analyst (Gladstone Land)

Mr. Jandreau joined Gladstone as a Senior Accountant in April of 2018. Prior to Gladstone he worked at Enterprise Holdings Inc. as a Senior Accountant for two years and an Accounting Supervisor for one.  Mr. Jandreau holds a CMA Designation (Certified Management Accountant) and is currently pursuing his CPA in the Commonwealth of VA. He graduated from High Point University with a B.S.B.A in Accounting.

Coby Levit

Corporate Paralegal

Mr. Levit joined our team in June of 2022. Prior to his arrival at Gladstone, he worked as an IP Legal Assistant in Washington, D.C..  Mr. Levit received a Bachelor’s degree in International Relations from the University of Maryland, College Park.

Michael LiCalsi

President (Gladstone Administration); General Counsel and Secretary

Mr. LiCalsi has been our General Counsel since October 2009 and Secretary since October 2012. He was appointed President of Gladstone Administration in July 2013 and Executive Vice President of Administration of Gladstone Management Corporation in June 2020.  A graduate of the George Mason University School of Law, where he served as Editor-in-Chief of the George Mason Law Review from 2004-2005. Mr. LiCalsi is currently a member of the Virginia State Bar and District of Columbia Bar. Before joining the Gladstone Companies, Mr. LiCalsi served as an Associate Attorney in the Washington, D.C. office of Baker Botts L.L.P., a multinational law firm. From 1996 to 2004, Mr. LiCalsi held various positions at TD Waterhouse Investor Services, Inc. (currently TD Ameritrade, Inc.), including those of regional and national vice president. Mr. LiCalsi currently holds his series 7 and 24 licenses at our affiliated broker-dealer, Gladstone Securities, LLC. Prior to his tenure in the financial services industry, Mr. LiCalsi graduated from Rutgers College, with a BA in History.

Aditi Loretta

Chief Accounting Officer (Gladstone Land)

Ms. Loretta joined Gladstone in May 2021 as the Chief Accounting Officer of Gladstone Land Corporation. Her previous experience includes six years as the Controller for a publicly traded REIT and 5 years in public accounting. Ms. Loretta earned her MS in Accounting from American University and a BBA in Accounting from Southern Methodist University. She is a certified public accountant in the Commonwealth of Virginia and a member of the AICPA.

David Lugo

Assistant Controller and Accounting Manager

Mr. Lugo joined Gladstone in June of 2018 as a Senior Accountant. Prior to joining the Gladstone Companies, Mr. Lugo worked as an Auditor with Ernst & Young. For his previous employer, he performed audits of financial statements and internal controls for SEC filers. Mr. Lugo is a Certified Public Accountant in the state of Virginia, and he earned his MS in Accounting from Seton Hall University.

Alyssa Mala

Controller (Gladstone Commercial)

Ms. Mala joined Gladstone in March of 2015 as a Senior Accountant. Prior to joining the Gladstone Companies, Ms. Mala worked as a Senior Audit Associate with BDO USA LLP for approximately four years. Ms. Mala holds a BBA in Accounting and a Master of Accounting from the College of William and Mary. She is a Certified Public Accountant in the Commonwealth of Virginia.

Michael Malesardi

Chief Financial Officer and Treasurer (Gladstone Management)

Mr. Malesardi joined Gladstone in September 2018 as Chief Financial Officer of Gladstone Management. Previously, Mr. Malesardi served in financial leadership roles of several public and private companies including Presidio Networked Solutions, AES Corporation, OmniSky, PSINet and Watson Wyatt. He also served as SVP of HR and Chief Ethics Officer of NVR. He started his career with Price Waterhouse in Washington, DC and Calgary, Alberta, rising to Audit Senior Manager. A CPA, Mr. Malesardi is a graduate of Washington and Lee University with a B.S. in Business Administration and Accounting. He is a member of the AICPA and VSCPA, the Tech CFO Network of the Greater Washington Area, and has served as the chapter president and a regional board member of Financial Executives International.

Lewis Parrish

Chief Financial Officer & Assistant Treasurer (Gladstone Land)

Mr. Parrish joined Gladstone in August of 2008. His previous experience includes three years in public accounting, and three years abroad in Korea teaching English. He obtained a Bachelor’s degree in Accounting from Virginia Tech, and he is a CPA in the Commonwealth of Virginia.

Meera Patel

Staff Accountant (Gladstone Land)

Ms. Patel joined Gladstone in June 2024. Prior to joining Gladstone, she worked at APCO Worldwide as a Staff Accountant for 2 years. She holds a Bachelor of Arts in Accounting from Temple University.

Taylor Ritchie

Chief Financial Officer & Treasurer (Gladstone Investment)

Mr. Ritchie joined Gladstone in November 2018.  Prior to joining Gladstone Companies, Mr. Ritchie worked for Ernst & Young from 2011-2018 as a Manager in the Financial Services practice, focusing on Banking and Capital Markets, in McLean, VA as well as Atlanta, GA. Mr. Ritchie is a CPA licensed in the Commonwealth of Virginia and is a member of the AICPA and the VSCPA.  He holds a B.S. in Accounting and Finance from the University of Alabama where he graduated Summa Cum Laude.

Amie Sarr

Senior Accountant (Gladstone Capital)

Ms. Sarr joined The Gladstone Companies in March 2011 as a Staff Accountant. Previously, she worked for CACI International, Inc. for over five years as a Division Staff Accountant. Ms. Sarr received a BA in Accounting from George Mason University.

Nicole Schaltenbrand

Chief Financial Officer & Treasurer (Gladstone Capital)

Ms. Schaltenbrand joined Gladstone in November 2015.  Prior to joining Gladstone, Ms. Schaltenbrand worked as a senior manager of SEC reporting and accounting policy at National Rural Utilities Cooperative Finance Corporation in Dulles, VA.  Ms. Schaltenbrand also worked as a senior manager in the assurance practice of KPMG LLP in McLean, VA.  She holds a Bachelor of Science in Accounting from the Pennsylvania State University, where she graduated Cum Laude.  She is a CPA in the Commonwealth of Virginia and is a member of the AICPA and VSCPA.

Marina Sicic

Senior Accountant (Gladstone Land)

Ms. Sicic joined Gladstone in February 2021. Prior to joining Gladstone, she worked at OTJ Architects as a Staff Accountant for a year and a half. She holds a Bachelor of Science in Finance & Banking and a Master of Business Administration from Delaware State University.

Jennifer Smith

Chief Valuation Officer

Ms. Smith joined Gladstone in September 2013 as a Valuation Officer. Prior to joining Gladstone, she was a Senior Vice President in the Valuation Department for MCG Capital, a public business development company in Arlington, VA from 2005-2013. Prior to her work at MCG Capital, she was a Senior Associate for FTI Consulting, a business advisory firm located in Washington, DC. Ms. Smith holds a BS in Commerce with concentrations in Finance and International Business from the University of Virginia.