Michael D. Young resigned as president, chief operating officer and as a director of Versant International, Inc., effective as of October 24, 2012 for personal reasons. In connection with Mr. Young's departure, pending the appointment of another executive(s) to fill these officer positions, Mr. Glen W. Carnes, Versant's chief executive officer, will assume the roles of president and chief operating officer. On October 30, 2012, the board appointed Professor John Bradley Jackson as a non-employee director of the company to fill a board vacancy.

Professor Jackson is director for The Center for Entrepreneurship and Professor of Entrepreneurship at California State University, Fullerton. He is founder of The BirdDog Group. He was senior vice president at Bowne and Company and held various senior management roles at Dataquest, Conner Peripherals, and Forrester Research.