Hanover Cap Gets New CFO/Treasurer

Harold F. McElraft has been named chief financial officer and treasurer of Hanover Capital Mortgage Holdings Inc., a real estate investment trust based in Edison, N.J.Mr. McElraft, 60, succeeds J. Holly Loux, who left the mortgage REIT on April 12. Mr. McElraft has been a partner since 2002 in the New York office of Tatum CFO Partners LLP, a national firm of career CFOs that provides financial services, and he will remain a partner at the firm, Hanover Capital said. He was previously a department vice president with Prudential Financial Inc., Newark, N.J. Mr. McElraft has been a consultant to Hanover Capital since November 2004. The REIT can be found online at http://www.hanovercapitalholdings.com