On May 21, 2018, Leo Motors, Inc. appointed Yong Chu as vice chairman and a director of the company. Mr. Chu is deemed an “independent,” non-employee director. Mr. Chu served as Director of the Banking Corporation of The United Central Bank from 1992 to 2015, Senior Advisor to Metrobank in Dallas, Texas from 1994 to 1996, and Vice President covering the Asian markets for Electric Mobile Cars, LLC from 2008 to 2011. Mr. Chu is also a founder and operating owner of Venture Resources (VR) Business Brokers Firm at the Royal Lane Branch from 1989 to 1994. Additionally, Mr. Chu has served the community with roles as Chairman of the Dallas Korean community from 1984 to 1985, Senior Advisor to the Korean American Chamber of Commerce from 1991 to 1997, and Treasury General Manager of the Dallas Korean Lions Club (2X1) from 1988 to 1995. On May 21, 2018, the company, also appointed Michael King as a director of the company. Mr. King is deemed an “independent,” non-employee director.