On May 4, 2017, Lingerie Fighting Championships, Inc. announced that Charles Connaughton resigned from his position as Chief Financial Officer of the company, effective immediately. The company's Board of Directors accepted Mr. Connaughton resignation. Effective May 4, 2017, Shaun Donnelly, current Chief Executive Officer, will replace Mr. Connaughton as interim Chief Financial Officer until a suitable replacement is found. Shaun Donnelly, age 48, has been Chief Executive Officer and a director of the Company since the completion of the reverse acquisition on March 31, 2015. Mr. Donnelly served as LFC's chief executive officer and sole director of LFC since its inception on July 21, 2014, and from April 2013 to July 2014, Mr. Donnelly operated a business similar to LFC's as a sole proprietorship, during which time he produced two events.