On October 1, 2014, Legend Oil and Gas Ltd. appointed Andrew S. Reckles, previously chief restructuring officer, to the position of the company's chief executive officer. Mr. Reckles will also serve on the board of directors, and will become its chairman. Marshall Diamond-Goldberg, previously president and chief executive officer, will step down as CEO but will retain the title of President.

Further, Warren S. Binderman, chief financial officer, has been appointed to the board of directors, and has agreed to serve as the secretary and treasurer of the company.