On March 11, 2021, the Board of Directors of Assertio Holdings, Inc. (the Company) promoted Paul Schwichtenberg, the Company's Vice President, Finance since April 2018, to the executive officer role of Senior Vice President, Chief Financial Officer. Mr. Schwichtenberg (50) joined the Company in April 2018 as Vice President, Finance. Prior to joining the Company, he served as Director of Pricing and Planning for AbbVie, a biopharmaceutical company, from October 2013 to April 2018 where he led the U.S. Commercial Pricing Team. Prior to this, Mr. Schwichtenberg served as Controller for Radio Flyer, Inc., a consumer products company, from October 2010 to October 2013. From 2000 to October 2010, Mr. Schwichtenberg served at Takeda Pharmaceuticals in various roles of increasing responsibility, most recently as Senior Director and Controller. Prior to entering the pharmaceutical industry, he served as a senior auditor at Wolf & Company LLP. Mr. Schwichtenberg holds a B.S. degree in Business Administration from Roosevelt University and is a certified public accountant (CPA). On March 11, 2021, the Board promoted Ajay Patel, the Company's Vice President, Controller since July 2019, to the executive officer role of Senior Vice President, Chief Accounting Officer. Mr. Patel (37) joined the Company in July 2019 as Vice President, Controller. Prior to joining the Company, from February 2018 to July 2019 he served as Director, Technical Accounting & Accounting Policy at US Foods, a foodservice distributor. From June 2006 to February 2018, Mr. Patel served at Ernst & Young in various roles of increasing responsibility in its Assurance practice leading financial statement audits of strategic key clients. Mr. Patel holds a B.S. degree in Finance from the University of Illinois, a Master's degree in accounting from the University of Virginia and is a certified public accountant (CPA). Effective upon Messrs. Schwichtenberg and Patel's promotions, Daniel A. Peisert, who was promoted to President and Chief Executive Officer on December 14, 2020, stepped down from his roles as Chief Financial Officer (Principal Financial Officer) and Principal Accounting Officer.