UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 21, 2008
Capital Southwest Corporation
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(Exact name of registrant as specified in its charter)
Texas 811-1056 75-1072796
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
12900 Preston Road, Suite 700, Dallas, Texas 75230
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 972-233-8242
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS.
On July 21, 2008, Capital Southwest Corporation (NASDAQ: CSWC) announced that
its board of directors elected current President and CEO Gary L. Martin as
chairman of the company's board. Martin, who joined Capital Southwest's board in
July 1988, replaces former Chairman William R. Thomas, who has served in a
non-executive capacity since his retirement in July 2007. Thomas will continue
to remain very involved in the company's strategic direction as an active member
of the board of directors.
Martin joined Capital Southwest in 1972 as chief financial officer, subsequently
serving as vice president and secretary-treasurer. Prior to joining Capital
Southwest, he was president and CEO of The Whitmore Manufacturing Company, a
portfolio company of Capital Southwest. Martin earned a B.B.A. degree from the
University of Oklahoma and is a Certified Public Accountant and is a graduate of
Harvard Business School's Advanced Management Program.
Additionally, the Company announced that its board of directors named Tracy L.
Morris Chief Financial Officer/Treasurer and William R. Thomas III Assistant
Vice President.
Item 9.01. Financial Statements and Exhibits.
(a) None. (b) None. (c) None. (d) Exhibits
Exhibit
Number Description
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99.1 Press Release dated July 21, 2008.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: July 21, 2008
By: /s/ Gary L. Martin
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Name: Gary L. Martin
Title: President and Chairman of the Board
Capital
12900 Preston Rd. Suite 700 Southwest
Dallas, TX 75230 Corporation
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CAPITAL SOUTHWEST CORPORATION ELECTS NEW CHAIRMAN OF THE BOARD
FORMER CHAIRMAN BILL THOMAS TO REMAIN ACTIVE AS DIRECTOR
DALLAS - July 21, 2008 - Capital Southwest Corporation (NASDAQ: CSWC) announced
today that its board of directors has elected current President and CEO Gary L.
Martin as chairman of the company's board. Martin, who joined Capital
Southwest's board in July 1988, replaces former Chairman William R. Thomas, who
has served in a non-executive capacity since his retirement in July 2007. Thomas
will continue to remain very involved in the company's strategic direction as an
active member of the board of directors.
"Capital Southwest is an outstanding company with an incredibly talented
management team, and I am proud to assume the role of board chairman," said
Martin. "I am following in the footsteps of a great leader, and I would like to
sincerely thank and recognize Bill Thomas for the many contributions he made as
chairman, as well as his distinguished service as the company's president and
CEO. I know that Bill will continue to provide strong guidance and leadership as
a valued member of our board."
Martin joined Capital Southwest in 1972 as chief financial officer, subsequently
serving as vice president and secretary-treasurer. Prior to joining Capital
Southwest, he was president and CEO of The Whitmore Manufacturing Company, a
portfolio company of Capital Southwest. Martin earned a B.B.A. degree from the
University of Oklahoma and is a Certified Public Accountant and is a graduate of
Harvard Business School's Advanced Management Program.
Additionally, the Company announced that its board of directors named Tracy L.
Morris Chief Financial Officer/Treasurer and William R. Thomas III Assistant
Vice President.
About Capital Southwest
Capital Southwest is a Dallas-based investment company that provides patient
equity capital to exceptional businesses. As a public company (NASDAQ: CSWC),
Capital Southwest has the flexibility to hold investments indefinitely, which
has provided its managers a stable ownership platform since its founding in
1961.
Contact: Gary L. Martin or Tracy L. Morris
972-233-8242
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PATIENT CAPITAL FOR EXCEPTIONAL BUSINESSES