On May 26, 2016, the Board of Directors of Speed Commerce, Inc. voted to appoint Dalton Edgecomb, the company's Interim Chief Executive Officer, as a member of the Board of Directors of the company, and to hold such office until a qualified successor is elected by the shareholders of the company at the next regular or special meeting of its shareholders. Mr. Edgecomb, age 52, is a principal of Winter Harbor, LLC and has more than 20 years of experience advising companies through cash management and cost reduction, capital structure refinancing, crisis management and business plan development for restructuring purposes. Prior to that time, Mr. Edgecomb was a managing director at Huron Consulting where, for approximately five years, he provided various business and consulting services.