On May 3, 2017, James P. Foran resigned as an officer and director of JPX Global, Inc. pending the appointment of Joseph Caywood to replace him as the company's sole executive officer and director. Mr. Caywood has served as the company's Vice-President of Operations since December 2012 and is the controlling shareholder of the company. Mr. Caywood has served as the President of Scorpex, Inc. since May, 2011, where he has spent several years developing a toxic and hazardous waste storage, recycling, and disposal site on the perimeter of Ensenada, Mexico. Mr. Caywood's efforts have included overseeing construction, land acquisition, site development, permit applications, governmental relations, and submitting focused studies and reports by experts in this industry, and is developing one of the only industrial waste processing facilities of its kind in Baja Mexico. Mr. Caywood has successfully owned and operated many businesses since 1989, including a profitable classic car business.