On January 13, 2020, the Board of Directors of Twinlab Consolidated Holdings, Inc. appointed Daniel DiPofi as Chief Executive Officer of the Company, effective immediately. Mr. DiPofi, age 58, has served as a private equity manager for Fishers Asset Management since July 1, 2019. He previously served as executive vice president of the Buffalo Sabres of the National Hockey League from 1994 to 1998, when he left to become chief financial officer of Hoffend & Sons Inc. On January 13, 2020, the Board of Directors the Company appointed Kyle Casey, the Company's current interim Chief Financial Officer, as Chief Financial Officer of the Company, effective immediately.

As previously disclosed, Mr. Casey, age 36, joined the Company in April 2019 and served as the Company's Controller prior to his appointment as interim Chief Financial Officer of the Company, effective October 8, 2019. Before joining the Company, Mr. Casey was with Gulfstream Park Racetrack and Casino from December 2015 through November 2018, most recently serving as the Vice President of Finance.