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Ares Capital Corporation: Penni Roll new CFO

Staff writer |
Washington, D.C., USA - December 27, 2010, Washington, D.C., USA - Ares Capital Corporation announced the appointment of Penni Roll as chief financial officer.



Ms. Roll was the CFO of Allied Capital Corporation from 1998 until April 2010 when Allied Capital was acquired by Ares Capital. Since April 2010, Ms. Roll has served as Executive vice president-Finance of Ares Capital Management, Ares Capital's investment adviser.

Ms. Roll joined Allied Capital in 1995 as its Controller after serving as a Manager in KPMG's financial services practice. Ms. Roll is succeeding Richard Davis who has been the CFO of Ares Capital since March 2007 while he also served as Executive vice president-Finance of Ares Management LLC, an affiliate of Ares Capital Management.

Mr. Davis joined Ares in June 2006 as Executive Vice President-Finance. From December 1997 to May 2006, Mr. Davis was with Arden Realty, Inc., a real estate investment trust and formerly the largest publicly traded office owner in Southern California, serving as its Executive Vice President, Chief Financial Officer since July 2000.

From 1996 to 1997, Mr. Davis was with Catellus Development Corporation, where he was responsible for accounting and finance for the asset management and development divisions. From 1985 to 1996, Mr. Davis served as a member of the audit staff of both KPMG LLP and Price Waterhouse LLP.

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