On February 25, 2016, DigitalGlobe, Inc. entered into a separation agreement with David B. Turner, Jr., the Company's Senior Vice President, Diversified Commercial Sales and Marketing. Mr. Turner served DigitalGlobe since 2012 in a variety of senior sales roles. In order to implement certain strategy modifications communicated by the Company on its third quarter 2015 earnings call, the Company has chosen to embed sales with product management within several of its business units, thereby eliminating the need for a Senior Vice President, Diversified Commercial Sales and Marketing reporting to the CEO.

After discussion with management, Mr. Turner has chosen to pursue other career aspirations. Effective February 26, 2016, Jose Torres, senior vice president and chief accounting officer, was appointed as the company's principal accounting officer. Prior to joining DigitalGlobe in January 2016, Mr. Torres, 41, served in various roles at The ADT Corporation from February 2012 through December 2015, most recently as vice president of accounting, financial reporting and MIS.