On November 22, 2013, Richard F. Strup, a director of Capital Southwest Corporation notified the company that he was resigning from the company's Board of Directors effective immediately. Mr. Strup's decision to resign was due to personal reasons. Mr. Strup had been a member of the Board of Directors since 2012.

At the time of his resignation, Mr. Strup served on the Audit Committee, the Compensation Committee and the Nominating/Corporate Governance Committee of the Board of Directors.