CAPITAL SOUTHWEST CP
SymbolCSWC

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Capital Southwest Corporation Announces New Vice President

2009-10-28 17:34 ET - News Release

DALLAS, Oct. 28, 2009 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Nasdaq:CSWC) has announced today that Raymond D. Schwertner will join the Company as Vice President effective December 1, 2009. Mr. Schwertner joins Capital Southwest after having served in a variety of increasing responsibilities at The Whitmore Manufacturing Company over the past 19 years, serving most recently as its President and Chief Executive Officer. Whitmore is a wholly-owned portfolio company of Capital Southwest. Capital Southwest also announced that Jeffrey G. Peterson will join Whitmore as its President and Chief Executive Officer effective November 30, 2009. Mr. Peterson will remain a Vice President of Capital Southwest Corporation and continue to serve as a director of several of the Company's core holdings. Gary Martin, Chairman and CEO of Capital Southwest Corporation, said, "I am excited to be reunited with Ray at Capital Southwest. His breadth of experience will enhance the operational opportunities at Capital Southwest immensely. Jeff has progressed rapidly within Capital Southwest and will provide tremendous oversight to a key investment of our firm. Additionally, this experience should be a foundational building block that will serve our shareholders well for many years."

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