Effective as of June 9, 2017, Peter Benz resigned as Chairman of the Board and a Director of Optex Systems Holdings Inc. Effective as of that same date, the company's Board of Directors appointed Danny Schoening, its CEO and a director, as the Chairman of the Board of Directors and appointed Karen Hawkins, its CFO, and Bill Bates, the General Manager of its Applied Optics Center division, as directors.