NexPoint Capital Realigns Board Structure After Director Bryan Ward's Passing

The company's audit committee leadership remains unchanged as Dorri McWhorter is reappointed to the board.

January 29, 2026

Leadership Changes Respond to Sudden Loss

Things can change quickly at NexPoint Capital, and that’s exactly what happened when the board faced the sudden loss of Class I Director Bryan A. Ward. In response, the board moved fast—accepting Dorri McWhorter’s resignation, then reappointing her as a Class I Director. The move allowed the company to rebalance its board structure without disrupting oversight or continuity.

Ms. McWhorter returned to the role with all of her prior responsibilities intact. She resumed her committee assignments immediately, including her position as chair of the audit committee. Maintaining this leadership structure helps ensure that financial reporting and internal controls remain consistent during a period of transition.

Governance Continuity and Standard Practices

Compensation for Ms. McWhorter’s board service follows the company’s existing framework for non-employee directors, as previously disclosed. The company confirmed that her appointment was made without any special arrangements or external agreements and that no related-party transactions apply.

Outlook and Ongoing Disclosure

The update also includes standard language around forward-looking statements, noting that expectations about future performance are subject to uncertainty. NexPoint emphasized that outcomes may change as conditions evolve and that it will continue to meet its disclosure obligations as required.

By acting quickly and keeping leadership roles consistent, NexPoint Capital has taken steps to maintain stability at the board level. The reappointment supports steady governance and allows the company to remain focused on its long-term objectives.