Ares Commercial Real Estate Corporation announced that John B. Bartling, Jr. resigned from the Board of Directors effective October 17, 2014. Mr. Rosen has 35 years of experience as a senior executive and director of financial services, healthcare services, real estate and private equity funds in addition to his previously serving as the chairman of two boards of directors. On October 17, 2014, the Board elected Robert L. Rosen, who has served on the Board since the company's initial public offering in May 2012, as Chairman of the Board.

Mr. Rosen has 35 years of experience as a senior executive and director of financial services, healthcare services, real estate and private equity funds in addition to his previously serving as the chairman of two boards of directors. Mr. Rosen is also an Operating Advisor to the Ares Management Private Equity Group and is an inaugural member of Ares Capital Corporation's board of directors.