Ontrak, Inc. announced that current CEO, Mr. Terren Peizer was named Executive Chairman effective upon Mr. Mayhew's employment Commencement Date and will continue to serve as Chairman of the Ontrak Board and remains majority shareholder. On April 7, 2021, Curt Medeiros, the Company’s President and Chief Operating Officer, announced his resignation effective June 4, 2021 in order to pursue other opportunities. Mr. Medeiros will no longer be performing day-to-day operational management duties beginning on April 12, 2021, but instead will focus on working with Mr. Mayhew on operational transition matters. Beginning April 12, 2021, Mr. Medeiros will also no longer be required to dedicate his full time and effort to the Company’s business.