AmBase Corporation announced that the company's board of directors appointed Mr. Jerry Y. Carnegie and Mr. Richard A. Bianco, Jr. to the company's Board of Directors, effective as of June 30, 2016. Mr. Carnegie was also appointed as Chairman of the company's Accounting and Audit Committee and as a member of the company's Personnel Committee. Mr. R. Bianco, Jr. was also appointed as a member of the company's Accounting and Audit Committee.