The Arkansas Capital Corporation, at its quarterly board meeting today, announced the election of Mike Malone to its board of directors. Malone, president of the NWA Council, was elected to a one year term. “We are strengthening our relationship with Northwest Arkansas with the election of Mike to our board of directors and will be able to extend our economic development reach to the area through Mike,” said Rush Deacon, acting chief executive officer, Arkansas Capital Corporation. The board also announced that Dr. Tim Atkinson, president of the Arkansas Science & Technology Authority, has replaced Dr. John Ahlen as ex officio member of the Arkansas Capital Corporation board of directors. Additionally, new Arkansas Capital Corporation board officers were appointed. Dennis Cooper, a certified public accountant with Frost, PLLC, and who has been an Arkansas Capital board member since 2008, is now chairman of the board. Brad Chambless, senior vice president of The Farmers & Merchants Bank, has served as a board member since 2009 and was announced as president of the board. Arkansas Capital Corporation Group is a privately held group dedicated to improving the lives of Arkansans. Arkansas Capital Corporation Group and its affiliate companies empower entrepreneurs by providing capital to businesses through its capital availability products and advocating for entrepreneurs through capital, educational and technological improvements. The Arkansas Capital Corporation Group serves as the platform from which new opportunities are launched and today includes eight affiliates including Arkansas Capital Corporation, Six Bridges Capital Corporation, Arkansas Capital Relending Corporation, Arkansas Economic Acceleration Foundation, Diamond State Ventures, Heartland Renaissance Fund, Connect Arkansas, and Pine State Regional Center. To learn more, visit www.arcapital.com.