Christopher J. Flynn was named sole CEO of alternatives manager THL Credit Advisors and business development company THL Credit, effective Nov. 30, spokesman Doug Allen said.
Mr. Flynn had been co-CEO with Sam W. Tillinghast, who will leave the firm Thursday. "We are grateful to Sam for his partnership and contributions and wish him the best in his future endeavors," Mr. Flynn said in a news release.
Mr. Tillinghast's plans are not known; he could not be reached for comment.
THL Credit has about $11 billion in assets under management.