On July 31, 2015, in connection with the consummation of the Business Combination, Christopher D. Brady (President and Secretary) and Michael LaBarbera (Vice President and Treasurer) resigned from their respective positions with Tempus Applied Solutions Holdings, Inc. Immediately prior to the consummation of the Business Combination, on July 31, 2015, the company's board of directors appointed the following individuals as officers of the company: Benjamin Scott Terry (Chief Executive Officer) and R. Lee Priest, Jr. (Chief Financial Officer and Secretary), increased the size of the board of directors to seven persons and appointed Peter A. Cohen and Kenneth J. Krieg as Class I directors, Niall Olver as a Class II director and Joseph Wright, Benjamin Scott Terry and John G. Gulbin III as Class III directors, to serve as additional directors of the Company, along with Christopher D. Brady (a Class II director).