On June 18, 2013, Stephen P. McCall was appointed chairman of the board of directors of Otelco Inc. Mr. McCall replaces Michael D. Weaver, who remains a director, president and chief executive officer of the company. Also on June 18, 2013, Mr. McCall ceased to be a member of the nominating and corporate governance committee of the board and Norman C. Frost was appointed to the nominating and corporate governance committee.