Business development company MVC Capital announced that the board of directors has appointed Scott J. Schuenke, CPA and MBA to the role of chief financial officer, effective November 1, 2013. Schuenke has served as corporate controller and chief compliance officer of MVC Capital since 2004.

Schuenke succeeds current CFO, Peter Seidenberg, who will transition into a full-time role as a senior investment professional with MVC Capital.

Seidenberg will remain CFO of MVC Capital through the end of fiscal 2013, working closely with Schuenke to ensure a smooth transition of responsibilities.