On December 24, 2019, Carbonite, Inc. announced that Stephen Munford, David Friend, Todd Krasnow, Scott Daniels, Charles Kane, Marina Levinson and Linda Connly resigned as members of the company's Board of Directors and Gordon A. Davies and Madhu Ranganathan, the directors of Purchaser immediately prior to the effective Time, became the directors of the company. At the time Mr. Davies and Ms. Ranganathan assumed the roles of directors, it had not yet been determined on which committees, if any, of the company's Board of Directors each of them would serve. In addition, effective as of the effective time on December 24, 2019, the company removed Stephen Munford as Interim Chief Executive Officer and President, Anthony Folger as Chief Financial Officer, John Post as Chief Operating Officer, Chad Bacher as Chief Product Officer, Hal Lonas as Chief Technology Officer, Craig Stilwell as Chief Revenue Officer, Cassandra Hudson as Vice President of Finance and Chief Accounting Officer and Paul Mellinger as Senior Vice President of Global Sales; and the company appointed Madhu Ranganathan as President and Treasurer, and Gordon Davies as Secretary.