On June 29, 2015, Capital Southwest Corporation announced the appointment of Michael S. Sarner as Senior Vice President of the company, effective on or before August 1, 2015. Following the completion of the previously announced spin-off transaction, Mr. Sarner will be appointed Chief Financial Officer of the business development company. Mr. Sarner brings over 20 years of financial, treasury and BDC experience to Capital Southwest.

Before joining the company, he spent 15 years at American Capital Ltd. in a variety of financial roles, most recently as Senior Vice President, Treasury. At American Capital, he was responsible for initiatives and staff development related to debt capital markets, treasury and financial planning and analysis. These responsibilities included corporate debt originations, refinancings, RIC/BDC compliance and debt servicing.