On May 09, 2018, Mr. Bruce M. McWilliams, chairman and a director of the board of directors of Intermolecular, Inc., notified the company that he would resign from the Board, effective immediately. On May 11, 2018, the board of directors appointed Kenneth H. Traub as chairman of the board and decreased the number of authorized directors from nine to eight. Mr. Traub has been a member of the Board since June 2016.