On May 29, 2016, John Batchelor, a Senior Managing Director in the Corporate Finance and Restructuring practice of FTI, resigned as Chairman of the Board and a director of the Emerson Radio Corp. with immediate effect. In addition, on May 31, 2016, Mark Manski resigned as Chairman of the Special Committee and a director of the Emerson Radio Corp. effective close of business May 31, 2016.