On January 23, 2018, William P. Barr notified Och-Ziff Capital Management Group LLC that he will resign from the Board, effective as of January 31, 2018. Mr. Barr also serves as Chairman of the Corporate Responsibility and Compliance Committee and as a member of the Audit Committee and the Nominating Committee. Mr. Barr’s resignation relates to a disagreement over CEO succession, as well as business and governance plans for the company.