Gladstone Capital Corporation announced that its board of directors elected Caren D. Merrick as a director to fill a vacancy in its Class of 2015. Ms. Merrick was also appointed a member of the company's Audit Committee, effective immediately. Because Ms. Merrick is filling a vacancy on the board, Ms. Merrick's initial term will expire on the date of the company's Annual Meeting of Stockholders, which is expected to take place in February 2015.

Caren D. Merrick is the founder and current chief executive officer of Your Pocket Mentor. She is a partner with Bibury Partner. She is a board member of the Metropolitan Washington Airports Authority.