Effective as of July 14, 2017, each of Steve G. Nussrallah, Charles Blackmon and Larry Enterline tendered his resignation from the board and all board committees of Concurrent Computer Corporation thereof. The resignations of Messrs. Nussrallah, Blackmon and Enterline did not involve any disagreement with the board, the company or its management on any matter relating to the Company's operations, policies or practices. On July 14, 2017, the board appointed Wayne Barr, Jr. to fill the position of Chairman of the Board left vacant by the resignation of Mr. Nussrallah, effective immediately, and to serve as such until his resignation or removal. In addition, the board appointed Mr. Barr as chairman of the Audit Committee. The board also appointed Robert M. Pons as the chairman of the Compensation Committee and appointed Dilip Singh as chairman of the Nominating Committee, filling positions left vacant by the resignation of Messrs. Blackmon, Enterline and Nussrallah, respectively.
CCUR Holdings, Inc. operates in the financial services industry. The Companyâs subsidiary, Recur Holdings LLC, conducts, holds and manages real estate operations. The Company serves as a co-sponsor to Crixus BH3 Acquisition Company. The Company is further evaluating for acquisition purposes additional operating business and assets to maximize the value of its assets.