On September 4, 2018, IEC Electronics Corp. appointed Thomas L. Barbato as Chief Financial Officer and Senior Vice President of the company and entered into an employment agreement with Mr. Barbato, effective as of September 10, 2018, with respect to his employment with the company. Mr. Barbato has held various positions with Xerox Corporation, an American global corporation that sells print and digital document solutions, and document technology products, since 1995 most recently serving as Vice President of Finance, North America Operations, Pricing and Contracting Center of Excellence, from January 2017 to September 2018; Vice President of Finance and Chief Financial Officer, Xerox Large Enterprise Operations (LEO) U.S., from March 2014 to December 2016; Vice President of Finance Transformation and Director, Xerox Business Services, from April 2013 to March 2014; and Finance Director, Acquisition Operations Office from April 2010 to April 2013.