Franchise Group, Inc. announced that on October 2, 2019, Brian R. Kahn, was appointed President and Chief Executive Officer of the Company. Mr. Kahn currently serves as a director of the Company. Mr. Kahn has served as the investment manager of Vintage Capital Management, LLC and its predecessor, Kahn Capital Management, LLC, since 1998.

On October 2, 2019, Eric Seeton, was appointed Chief Financial Officer of the company, with his employment with the Company to become on effective October 28, 2019. Michael S. Piper will continue to serve as the Company's Chief Financial Officer until that time. Mr. Seeton currently serves as Senior Vice President and Chief Financial Officer of API Technologies Corporation since September 2015.

Prior to API Technologies, Mr. Seeton served as Business Unit Finance Director from July 2014 to September 2015 at Analog Devices and Director of Corporate Finance at Hittite Microwave Corp, which was acquired by Analog Devices in July 2014. On October 2, 2019, Andrew M. Laurence, was appointed Executive Vice President of the Company, effective October 2, 2019. Mr. Laurence currently serves as the Company's Chairman of the Board of Directors.

In addition, he is a partner of Vintage, where he joined in 2010. On October 2, 2019, Andrew Kaminsky, was appointed Executive Vice President and Chief Administrative Officer of the Company, effective October 2, 2019. From April 2018 through June 2019, Mr. Kaminsky was an Executive Consultant in Strategic Initiatives to the CEO of Viavi Solutions Inc., focusing on mergers and acquisitions, their subsequent integration and driving operational efficiencies across the company.

From September 2014 through April 2018, Mr. Kaminsky held various roles with Cobham plc, most recently as the Senior Vice President of Strategic Initiatives.