Peterson replaces Ray Schwertner, who will become vice president, operations at Capital Southwest effective November 30, 2009.

Gary Martin, Chairman and CEO of Capital Southwest Corporation, said "I have worked closely with Jeff in a variety of capacities for over eight years and I know of his outstanding capabilities. His strategic thinking abilities, business development experience and determination will position Whitmore for continued growth for many years to come. Additionally, Jeff understands the importance of listening to the customer and being responsive to their needs, which will continue to build upon Whitmore's differentiated product lines. I am also excited to be reunited with Ray at Capital Southwest, and look forward to him using his over 19 years of experience with the firm to enhance our operations."

Peterson also has gained experience as both an investment banker, advising clients on capital raising and merger and acquisition activities, and as a commercial banker, assisting corporate clients with debt financing needs.  He received a Master of Business Administration with distinction from Cornell University and a Bachelor of Business Administration from the University of Texas at Austin.

The Whitmore Group, consisting of The Whitmore Manufacturing Company, KATS Coatings®, Horizon Lubricants and Air Sentry®, is a leader in creating component protection technology through the manufacturing of specialized lubricants, coatings, sealants, and contamination control breathers with broad product application for a variety of industries on a global basis.