On February 14, 2017, Charles Posternak and Joseph Schimmel resigned from their positions as directors of PFO Global, Inc. Their resignations were not the result of any material disagreement with the company regarding its operations, policies or practices. On February 21, 2017, The company's directors elected Matt Cevasco to serve as a director on the company’s board of directors. He will hold office until the next annual election and until his successor is duly elected and qualified, or until his earlier resignation or removal Mr. Cevasco also serves as the company’s Chief Executive Officer and Principal Financial Officer.