Capital Southwest Corporation announced that Joseph B. Armes has been elected as Chairman of the Board and that David R. Brooks and William R. Thomas III have been elected as Directors. Mr. Armes has served as Director, President and CEO of Capital Southwest since June 2013. Mr. Brooks has been Chairman of the Board, CEO and a director of Independent Bank Group Inc. Mr. Thomas is a private investor and has served as President of the Thomas Heritage Foundation, a nonprofit grant-making corporation since 2008.

Mr. Thomas currently serves as a director of Encore Wire Corporation.