Equus Total Return, Inc. Announces Appointment of L'Sheryl D. Hudson as Chief Financial Officer and Resignation of James M. Wals
November 20 2006 - 11:45AM
PR Newswire (US)
HOUSTON, Nov. 20 /PRNewswire-FirstCall/ -- Equus Total Return, Inc.
(NYSE:EQS) ("Equus" or the "Fund") today announced that on November
14, 2006, the Fund's Board of Directors appointed L'Sheryl D.
Hudson as the Fund's Chief Financial Officer. Prior to joining the
Fund, Ms. Hudson served as Associate Director of WestLB Asset
Management (US), LLC ("WestAM") from 2002 to 2006. While at WestAM,
she managed the financial operations including, portfolio
accounting, trade settlement and performance measurement for
privately held and publicly-traded domestic and international fixed
income funds and separate accounts. Prior to her tenure at WestAM,
Ms. Hudson served as Director of Portfolio Management and Valuation
at Enron Corporation from 1998 to 2001. "We are pleased that Ms.
Hudson has joined Equus. She further enhances our professional team
that serves the Fund," commented Anthony Moore, Co- Chairman, CEO
and President of the Fund. The Fund's Board of Directors has asked
James M. Walsh to provide financial advisory services to the Fund.
Pursuant to the Board's request, Mr. Walsh resigned his position as
a director of the Fund, effective November 14, 2006. Following Mr.
Walsh's resignation, the Fund entered into a formal consulting
agreement with Walsh Advisors, LLC. "With Mr. Walsh's more than 25
years experience in the investment banking business, we look
forward to working with him in this new capacity," stated Mr.
Moore. Equus is a business development company that trades as a
closed-end fund on the New York Stock Exchange, under the symbol
"EQS". Additional information on Equus may be obtained from its
website at http://www.equuscap.com/ . DATASOURCE: Equus Total
Return, Inc. CONTACT: Brett Chiles of Equus Total Return, Inc.,
+1-713-529-0900 Web site: http://www.equuscap.com/
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