CMTSU Liquidation, Inc. announced that in anticipation of the winding down of the Debtors' affairs, on June 20, 2017, the Board of Directors relieved Michael Boustridge of his duties as President and Chief Executive Officer of the company, effective as of July 8, 2017. Mr. Boustridge will remain a member of the Board of Directors of the Company, and will be entitled to all benefits and payments as non-employee director. On July 6, 2017, the Board of Directors appointed Christian Mezger to serve as President and Chief Executive Officer of the company, in addition to serving in his current roles as the company's Chief Financial Officer and principal accounting officer.